July Market Statistics for July 2021

Tuesday Aug 17th, 2021

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In July, 9,390 properties were sold in the GTA; a 15% of decline from the record setting in July of 2020. However, volume remains higher than is typical this time of the year. In terms of price, the average price across all property types continues to climb hitting 1,062,256 which is 12.6% higher than a year ago. Our stats indicate that the market remains competitive and houses are selling faster than they did in July 2020. Last month, the total days on market for all sold property types across... [read more]

March 2021 Market

Wednesday Apr 21st, 2021

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march 2021 market statistics

The first quarter of the 2021 GTA housing market consistently shows record sales numbers, price appreciation and market pace. Comparing March 2021 numbers with the same month last year is somewhat problematic given COVID-19’s market-halting impact mid-March 2020. Looking at the activity for the quarter, the story has solidly been about inventory and pace of sales. February 2021 reported a record fast absorption rate of only 3.5 weeks of inventory in the GTA.... [read more]

SHOWING THE PROPERTY

Tuesday Mar 9th, 2021

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SHOWING THE PROPERTY   ☐ Turn on all the lights, even during the daytime, including outside entrance, closets and basement. Open all the drapes and blinds. ☐ Turn off television, stereo and radio (soft music is recommended)  ☐ Open all the doors between rooms to give an inviting feeling. ☐ On cold days, light a fire. If not in season, make sure the fireplace is clean.  ☐ Ask friends or family to look after pets during the showing process if possible.... [read more]

10 Things to do before you list your home for sale

Tuesday Mar 9th, 2021

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1. Know why you really want to go. Some reasons are obvious, such as the need to sell if you're moving to another city or putting in an offer on a new home. Other needs may be less definite, such as outgrowing your space or concerns about cash flow. By working with a mortgage professional, you can assess financing options and the costs of moving against the costs of staying and make the best choice. 2. Set your expectactions. Get a professional assessment of your home's value... [read more]

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