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GTA REALTORS Release December 2023 Stats

GTA REALTORS Release December 2023 Stats GTA Real Estate Market Update by Toronto Real Estate Board In 2023, the Greater Toronto Area (GTA) housing market witnessed a notable decline in home sales, totalling 65,982, a 12.1% decrease from the previous year, mainly attributed to affordability challenges arising from high mortgage rates and stringent federal mortgage […]

GTA REALTORS Release August 2023 Stats

In August 2023, the Greater Toronto Area (GTA) real estate market witnessed a 5.2% decline in home sales compared to the previous year, attributed to higher borrowing costs, economic uncertainty, and limited housing supply. Despite this, the average selling price remained relatively unchanged at around $1,082,496. New listings increased by 16.2% year-over-year, offering some relief […]

5 EASY WAYS TO UPGRADE YOUR HOME ON A BUDGET!

5 EASY WAYS TO UPGRADE YOUR HOME ON A BUDGET!

Are you eager to give your home a fresh look without breaking the bank? Here are five simple ideas that will help you save money and make you fall in love with your space all over again! 1. Enhance Your Curb Appeal First impressions matter, and updating the exterior of your home can create a […]

Home Buyers’ Plan

Did you know? The Canadian government has a program known as the Home Buyers’ Plan (HBP), which is designed to allow first-time home owners to withdraw up to $35,000 from RRSP for the purpose of buying a home! Purchasing with your spouse? You can access a total of $70,000 from your RRSP’s. The Home Buyers’ […]

First Home Savings Account

Did you know? The Canadian government has recently introduced a First Home Savings Account (FHSA). This account is specifically designed to help first-time homebuyers save for their down payment without having to pay taxes on the interest earned on their savings.   This means that the interest earned on the savings in the account is […]

Condo fee guide

Every condo owner in Canada has to pay condo fees. Why? Owning a condo isn’t exactly the same as owning a detached house. A condo is part of a small community, and condo fees are like a subscription fee for belonging to that community. Condo fees cover a range of important things. In this article, […]

5 THINGS TO DO IN OCTOBER TO GET THE MOST OUT OF FALL

October marks the height of the fall season: The temperature finally dips—and actually stays chilly. Pumpkin patches and apple orchards are ripe for the picking. Cafes have hit their true pumpkin spice latte strides. And throughout most of the country, the colorful change in fall foliage will peak sometime during the month of October. There […]

BRING WARMTH TO YOUR HOME IN TIME FOR FALL

BRING WARMTH TO YOUR HOME IN TIME FOR FALL

Bring warmth to your home in time for Fall Pumpkin season is just around the corner so bring warmth into your home with some new decor. Beige, burnt orange and forest greens are great colors that will bring the autumnal spirit alive. Fill your home with spiced apple candles, cozy throws and fresh baked goods […]

Condominium Occupancy Fees

Condominium Occupancy Fees

Whenever you purchase a new condo, there is a period of time between when you take occupancy of your unit and when you take ownership of your unit. This is known as the ‘occupancy period’ or ‘interim occupancy’. During this period you will be requested by the developer to pay occupancy fees or ‘phantom rent’ […]