Is January the best time to buy a home?
Were you among the savvy purchasers who got onto the real estate ladder yesterday? The Toronto Real Estate firm TheRedPin says January 17th is the single best day to buy a home in Toronto, with buyers saving an average of $60,000 and experiencing fewer
St. Catharines real estate is heating up!
With average home prices on the rise across the Greater Toronto Area (GTA), surrounding areas are beginning to see an uptick in sales. For example, St. Catharines real estate started off the year on a hot streak with no signs of slowing down. According
What Does 2015 Hold for the GTA’s New Home Market?
Welcome to 2015! Last year was very exciting for the new home industry; low-rise homes saw record highs for average pricing and the condo market saw record high sales. Builders and developers focused more on targeting first-time homebuyers and end-users,
Newinhomes.com’s top 5 most popular news stories of 2015
2015 was full of eye-catching headlines, reporting on record high home sales and average prices, as well as record low new home inventory levels. Builders, developers, interior designers, and architects presented some of the best and most innovative
The average price of a new detached home in the GTA exceeds $1 million for the first time
The Building Industry and Land Development Association (BILD) just released its new home sales figures for March 2016, announcing that the average price of a new detached home in the Greater Toronto Area (GTA) has surpassed $1 million for the first time
Two New Model Homes at Corsica Estates!
Very exciting news - two new model homes at CountryWide Homes’ Corsica Estates at King have opened!Corsica Estates is one of CountryWide’s most luxurious communities, and since most of their communities are more luxurious than average, these models are a
Will Toronto remain unfazed by the new mortgage rules?
The new stress-testing mortgage rules mean Canadians need higher incomes to purchase homes. According to a video produced by Huffington Post, your household income needs to be approximately $144,946 to afford an average priced home in the GTA ($755,755),
Have condo rents in the Greater Toronto Area peaked?
Condo rental rates were flat during this time period, averaging between $2,600 and $2,650 a month. Purpose-built rental listings were around $2,000 a month in January 2019 and have since increased more than 7% to $2,133.
First-time buyers will forge a new Toronto
GTA home prices continue to surge, with double-digit increases over last year in Toronto and York Region. Detached prices are driving the surge, with the average Toronto detached going for more than a million, at $1,053,871, a 10.7% increase
The average price of a detached home in the GTA has barely changed since a year ago
October 2019 proved to be a strong month for the Greater Toronto Area’s resale market, with home sales and prices still climbing, while new listings continued to drop.
