PropertyThinkers

Rising interest rates a factor as new homes sales dip in GTA: BILD
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Rising interest rates a factor as new homes sales dip in GTA: BILD The Building Industry and Land Development Association (BILD) reported that new home sales in the Greater Toronto Area (GTA) were up 32 percent from June 2022, but still 30 percent below the 10-year average. This is due to the Bank of Canada's series of interest rate hikes, which have caused prospec...

Late-Q2 Rents on the Rise Across Canada

Marlon Singh Marlon Singh is a real estate agent with Homelife Today Realty. Check out Marlon Singh's listings or office listings.

What the latest interest rate hike means for variable-rate mortgages
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What the latest interest rate hike means for variable-rate mortgages The Bank of Canada recently hiked interest rates for the first time since 2001, which has impacted Canadian homeowners with mortgages. An example of this is a couple in St. John's, Newfoundland, whose monthly payment has increased from $1,122.07 to $1,746.38. Additionally, a couple in Vancouver, B.C...

Warning for REIT Investors

Marlon Singh Marlon Singh is a real estate agent with Homelife Today Realty. Check out Marlon Singh's listings or office listings.

Energy efficiency motivating new home buying
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Energy efficiency motivating new home buying According to Tarion's 2023 New Home Buyers Report, 96% of buyers of pre-construction and newly built homes prioritize energy efficiency in their decision making, rating it almost equally important as price, size and design. The report shows that most respondents are 45-54 years old and prefer detach...

Canada new housing pricing data for May 0.1% versus -0.1% last month
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Canada new housing pricing data for May 0.1% versus -0.1% last month In May, Canada's new housing prices were relatively unchanged from the previous month, with a slight 0.1% increase. This is in contrast to April, which saw a 0.1% decrease.

Find out if it's time to sell your home
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Home Evaluation Estimate | roomvu How much is your home worth? Type your property address and get a quick home estimate.

Tips for First-Time Sellers to Succeed in the Spring Market

Marlon Singh Marlon Singh is a real estate agent with Homelife Today Realty. Check out Marlon Singh's listings or office listings.

It's time for full rent control in Ontario
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It's time for full rent control in Ontario The Doug Ford government passed two bills, More Homes Build Faster Act and Helping Homebuyers Protecting Tenants Act, in 2022 and 2023 respectively, in an effort to tackle the housing crisis in Ontario. While these bills are said to build 1.5 million homes in the coming decade, they have the potenti...

GTA property investment tumbles in first quarter
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GTA property investment tumbles in first quarter The Altus Group's report reveals that commercial investment activity in the Greater Toronto Area dropped by 50% in the first quarter of 2023 compared to the same period in 2022. Residential land was the most popular sector with $1.21 billion in total investment, followed by ICI land which amounted t...

Commercial Real Estate Investment Sinks by 50% in the GTA
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