GTA REALTORS® Release October 2021 Stats

Wednesday Nov 3rd, 2021


Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. However, the inventory of homes for sale did not keep up with demand. The number of new listings was down by approximately one-third compared to October 2020. Market conditions tightened across all major home types compared to last year, and the annual rate of average price growth remained in the double digits, including for the resurgent condominium apartment segment. “The... [read more]

Thanks, Mom: Over $10 billion gifted to home buyers over last year

Wednesday Nov 3rd, 2021


  MARKET NEWS: Michelle McNally Oct 25, 2021 Photo: James Bombales Amidst rising prices and dwindling inventory, it’s no secret that buying a home in Canada has become increasingly difficult, particularly for first-time buyers looking to get their foot on the property ladder. Hoping to help their loved ones set down roots in a home of their own, parents and family members have been known to contribute to the sizable down payment required for a property... [read more]

Ontario Real Estate Market Shifts into Adjustment Phase - REMAX CANADA

Wednesday Oct 27th, 2021


Homeowners in the Ontario real estate market have witnessed incredible gains over the last 20 months. After a modest slowdown in the first two months of the global health crisis, many aspects of the Ontario housing sector – particularly detached and semi-detached homes – soared and recorded record highs, from sales activity to price growth. But but has an adjustment phase commenced? The Ontario housing industry is bracing for a slowdown amid an environment of tight... [read more]

CMHC Reverses Changes Made to Mortgage Underwriting Practices

Friday Jul 16th, 2021


The COVID-19 pandemic caught the world by storm last year, and markets across the globe had to adjust. As a result, the housing market in Ontario experienced some major fluctuations and instability. In response to this economic uncertainty driven by unforeseen circumstances, the Canada Mortgage and Housing Corporation (CMHC) implemented temporary changes to its underwriting practices for mortgage loan insurance. The CMHC develops policy and guidelines in relation to mortgage financing in... [read more]

Is this the right time to Buy Real Estate - April 2020

Thursday May 7th, 2020


Toronto Regional Real Estate Board released the following key housing market statistics for April 2020:   HOME SALES AND LISTINGS:   Greater Toronto Area REALTORS® reported 2,975 residential transactions through TRREB’s MLS® System. This result was down by 67% compared to April 2019   Weekday sales remained within a relatively steady range during the month, averaging 130 per day.   New listings amounted to 6,174 in April 2020... [read more]

76 Hawksbury Road, Markham

Friday Jun 14th, 2019


The Markham Village Music Festival will be holding their 42nd edition on Main Street on Friday evening, June 14 and Saturday, June 15 all day and evening. There will be four stages of entertainment, craft & food vendors, farmers market and much more! Family fun for everyone! See their website for details. If you would like to live in the picturesque Markham community, 76 Hawksbury Road is a great fit for any family. This stunning 1900+ sq. ft. freehold end townhome is located in... [read more]

Experience the 20s at the Gatsby Garden Party

Monday Jun 19th, 2017


Are you a fan of the 20s? Relive them this Saturday, June 24th and Sunday, June 25th at the Spadina Museum: Historic House & Gardens's Gatsby Garden Party! The two day extravaganza offers a window into life in the 20s through music, food and a luxurious time in a historic building.  Live music will help set the tone for the afternoon, provided by The Wintergarten Orchestra and Ben Harvey and his Ornamentals. Those who want to dance along will be welcome on the dance floor... [read more]

Cars and Cupcakes at the Oshawa Automotive Museum

Friday Jun 9th, 2017


Come out and tour some of Oshawa's history on Saturday, June 10th at the Oshawa Automotive Museum's Cars and Cupcakes Walking Tour. This free, all age event will be sure to educate and enlighten about an important part of Canadian history.  The Oshawa Automotive Museum will be highlighting Oshawa's history as "Canada's Motor City" through guided tours around downtown Oshawa that will bring to life the people and places that are the hallmarks of Oshawa's... [read more]

International Museum Day is Right Around the Corner

Monday May 15th, 2017


International Museum Day celebrates the institution of museums globally as a place of learning and history. Markham Museum is celebrating this event by unveiling its new display, Growing Innovation as a part of Ontario 150 on Sunday, May 21st. Admission will be free as a part of the event, with tours of the museum and its new exhibits taking place every half hour for those interested. Notable attractions and exhibits include the recently restored Honey House and the current True or False... [read more]

Celebrate Mom This Weekend With Ties, Tutus & Tea Party

Friday May 12th, 2017


Come celebrate Mom this Saturday, May 13th at the Ties, Tutus & Tea Party event hosted by the Streetsville West End church featuring The Ant and the Grasshopper - Children’s Boutique Fashion Show & Trunk Sale. Tea and other sweet treats for the event will be supplied by Social Cupcake, so come with an empty stomach and sweet tooth! Children wearing their best tutu and/or tie will be awarded Best Dressed for the Ties and Tutus theme. Other attractions include... [read more]

A Spring Awakening for the Modern Gardener.

Tuesday Mar 21st, 2017


Spring is fast approaching and sellers are anxiously anticipating the vibrant colors of the freshly bloomed flowers. If you’re excited about spring or an aspiring modern gardener, this event may interest you! On Monday, March 27th, 2017, the community of North York is hosting a Spring Awakening event. Find out what your garden will be doing this spring, for more information about this event, visit: Thinking of moving to... [read more]