Buying and selling a property in the GTA now just like eBay: you get more money when you price something for $1 to get multiple offers vs. pricing it close to price you actually want to sell it for. In Toronto, you get more money when you price a condo for $499k or house $999k…Read More
second family room & games from, etc.) in Vancouver for about $200k. The average Canadian household income in 1988 was $56,366 . Hence, my parents’ house in 1988 would cost 3.5% of a regular family income.
In 2021, these houses in the same subdivision are well over $2M, and the Canadian household income today is approximately $90k.  Hence, that same house in 2021 would cost well over 22.2% of a regular family income.Read More
When I left architecture to pursue a real estate career back in 2006, for $400K USD, you could buy a condo in Manhattan or a house in Toronto and Vancouver. If you fast forward to today, that condo in Manhattan is now $700-800K and that house in Toronto and Vancouver is now $1.5-2M.Read More
For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and continued improvement in many sectors of the economy.Read More