Category: Real Estate
Images of Future Toronto with All These New Condos
Posted by Grace M Chan | Feb 17, 2021 | Condos, Architecture, Real Estate | 0
Average GTA Home expected to top $1M
Posted by Grace M Chan | Feb 10, 2021 | Monthly Market Report, Real Estate | 0
Home Prices High b/c Canadians Want to Pay More
Posted by Grace M Chan | Feb 3, 2021 | Opinion, Real Estate | 0
5 Reasons why Toronto Housing Market is Nutty Now
Posted by Grace M Chan | Jan 27, 2021 | Condos, Houses, Real Estate | 0
What’s Next for Toronto’s Not-so-Hot Rental Market...
Posted by Grace M Chan | Nov 18, 2020 | Rentals, Real Estate | 0
Are Mortgage Rates Rising Sooner than Expected?
by Grace M Chan | Feb 24, 2021 | Real Estate | 0
Right now, we have historic lows for mortgage interest rates, and historic lows for inventory all across Canada (and the US). The question everyone has been asking is, “How long will this last?”
Read MoreImages of Future Toronto with All These New Condos
by Grace M Chan | Feb 17, 2021 | Condos, Architecture, Real Estate | 0
When walking down the streets of Toronto and you see all these development signs, do you ever wonder what the skyline will look like once these condos are built? I certainly do.
Read MoreAverage GTA Home expected to top $1M
by Grace M Chan | Feb 10, 2021 | Monthly Market Report, Real Estate | 0
This year started with an unprecedented flurry of home purchases. It’s without a doubt that Toronto’s real estate market was off to a very strong start. The average selling price for January 2021 was up by 15.5 per cent to $967,885 year-over-year. [1] (compare that to $929,692 in 2020).
Read MoreHome Prices High b/c Canadians Want to Pay More
by Grace M Chan | Feb 3, 2021 | Opinion, Real Estate | 0
SELLER ASKS: “I’m thinking of selling my house, how is the market?” AGENT REPLIES: “Remember back in May when you were looking or toilet paper? Yeah, it’s like that.”
Read More5 Reasons why Toronto Housing Market is Nutty Now
by Grace M Chan | Jan 27, 2021 | Condos, Houses, Real Estate | 0
For the past couple weeks, my fellow Realtors and I were faced with multiple offers from as little as 2 to as many as 32 (for real!). With our buyer clients, we have been on the edge of our seats hoping we will not get yet another notification that an offer has been registered. With our seller clients, even we were shocked with the amount of (bully) offers on re-listed properties that did not sell last year.
Read MoreA Tale of 2 Couples Trying Buy a Home in Toronto
by Grace M Chan | Jan 20, 2021 | Condos, Houses, Real Estate | 0
Here’s a true story of a tale of two couples I am working with right now actively looking to buy a home in Toronto. Both sets of buyers are highly qualified: Young professionals with good jobs who saved money to buy their first home with savvy parents who are chipping in so that it will be a 50% down payment to secure them a good home and ensure a lower monthly mortgage payment.
So what is the only difference between both parties?
One couple is looking for a condo, while the other is looking for a house (detached or semi attached house). And here is a glimpse of their journey in finding a home to buy in Toronto.
Read MoreToronto Home Prices Skyrocketed up 13.5% Last Year
by Grace M Chan | Jan 13, 2021 | Monthly Market Report, Real Estate | 0
Looking back at 2020, it was one record-breaking month after another in Toronto real estate. This is because mortgage rates are so low [i.e. 1.6%] and “Home” is everything now including one’s workplace, school and sanctuary.
Read MoreBest to Buy or Sell in Canada for 2021?
by Grace M Chan | Jan 6, 2021 | Forecasts & Predictions, Real Estate | 0
From my conversations this week I’ve had people ask me: for 2021 where will be the best places to buy? And when will be a good time this year to sell? Here are scenarios on whether you should buy or sell according to the mortgage industry.
Read More5 Canadian Housing Market Predictions for 2021
by Grace M Chan | Dec 30, 2020 | Real Estate | 0
So what’s 2021 going to be like? What will condo rents downtown continue to decrease as single family homes continue to increase? When will borders open up again for travel an immigration?
Read MoreThese Toronto Homes have the most Magical Holiday Displays
by Grace M Chan | Dec 24, 2020 | Fun, Real Estate | 0
As a realtor and lover of travel I enjoy exploring new neighbourhoods. So for this year, I’ll settle for exploring a new neighbourhood in Toronto via visiting holiday light displays.
Read MoreToronto Rents Now Down 20% Since Last Year
by Grace M Chan | Dec 16, 2020 | Real Estate, Rentals | 0
Normally by now, my job as a realtor winds down and my focus goes to holiday parties, and...
Read MoreWhy are Homes Selling for 10.6% More Than Last Year?
by Grace M Chan | Dec 9, 2020 | Real Estate, Monthly Market Report | 0
As 2020 draws to a close, the average selling price for a home was 10.6% more this November than last November. Favorable conditions such as low borrowing rates –and not paying for monthly gym memberships– make it easier for purchasers to buy.
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