GTA REALTORS® Release June 2019 Stats

TORONTO, July 4, 2019 – The new President of the Toronto Real Estate Board, Michael Collins,
announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS®
System in June 2019, representing a 10.4 percent increase compared to June 2018. Over the same
time period, total new listings remained at a similar level for the month of June and active listings at
month-end were down by 5.7 percent. (more…)

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GTA REALTORS® Release May 2019 Stats

TORONTO, ONTARIO, June 5, 2019 – Toronto Real Estate Board President Garry Bhaura announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019.* While this result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, it should be noted that the result was still below the average for month of May sales for the previous ten years, which stands at almost 10,300.

(more…)

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Money in Your Pocket: Calculating Your Own ROI from Your Properties

s all investments go, every investor seeks to make the best returns possible. Return on investment (ROI) is an assessment of an investment’s cash flow (how much did you put in, and how much are you getting back in return?). Experienced investors know that calculating the ROI from their properties is vital to determining how well their  investments are performing overall. (more…)

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The 411 on Pre-Construction Homes

here is no doubt the pre-construction home has a certain allure to home buyers. Everything is brand new. No one else has ever lived there. You can customize it to create your dream home. But you have to ask yourself if all of these things are maybe a little too good to be true when buying a home. If pre-construction is something you’ve been considering, here’s the 411 to help you decide if it really is for you. (more…)

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Brampton and Calgary top list of Canada’s best places to live

Canadians have lots of great options when it comes to choosing the best places to live, with many of the country’s biggest hubs ranking high in liveability factors such as transportation, access to parks and to employment opportunities, according to a recent RE/MAX report. RE/MAX brokers and agents from coast to coast were asked to score the cities where they work, as part of the 2019 RE/MAX Liveability Report. RE/MAX tallied the results to determine which cities are Canada’s most-livable and why. Here’s how the country’s major hubs ranked when stacked against each other as some of the best places to live in Canada. (more…)

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Bank of Canada holds rate at 1.75%

In a widely anticipated move, the Bank of Canada holds its rate steady at 1.75%, citing the economic slowdown in late 2018 and early 2019. This marks the fifth consecutive time that the Bank has maintained its key rate, since raising it last October. In its last overnight rate announcement, the Bank cited a slowing global economy, but forecasted a pick-up in activity later this year. This sentiment was echoed in today’s decision. (more…)

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Investing Without Buying: How to Invest in Real Estate Without Buying Property

When people think of investing in real estate, they immediately think of tangible, brick and mortar, property investments. While becoming a property owner and renting out your properties to tenants may be the traditional definition of a real estate investor, there are numerous ways in which truly experienced investors can invest in real estate without actually purchasing property. (more…)

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Top 5 Summer Curb Appeal Tips

As the famous saying goes, don’t judge a book by its cover – except, of course, when we’re talking about real estate. When buyers are hunting for their dream home, curb appeal can be the deciding factor on whether or not they want to take a closer look inside. Here are five tips to set your listing apart from the others on the block. (more…)

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