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Our Real Estate Update January 2024

Posted on Feb 08, 2024

With a new year now underway, Canadians can expect to see a variety of changes coming to federal, provincial and local government housing legislation in 2024. From updated taxes to revised urban planning regulations, new housing laws and policies will roll out across the country in the coming months. Several of these policies promise to boost much...

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Our Real Estate Update December 2023

Posted on Jan 17, 2024

The GTA housing market experienced some turbulence throughout 2023; however, its enduring resilience remains the standout feature. Commencing the year with an average sales price of $1,038,668, properties saw a remarkable 15% surge by May, reaching an average sale price of $1,196,101. The latter half of the year witnessed a surge in inventory, peak...

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Is Oakville a Good Place to Live?

Posted on Dec 06, 2023

If you're considering a move to Oakville and starting your property hunt right now, you likely have many questions about what life is like in this charming town situated on the shores of Lake Ontario. Is Oakville a good place to live? How does it compare to neighbouring cities like Mississauga? What are the costs associated with living in Oakville...

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Our Real Estate Update November 2023

Posted on Dec 05, 2023

On November 21st, the Government of Canada unveiled its 2023 Fall Economic Statement, an annual fiscal report that provides an update on the state of the Canadian economy and the government’s plans for future spending. The report – acutely focused on Canada’s housing affordability and supply crisis – announced new funding for the creation of more a...

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Our Real Estate Update October 2023

Posted on Nov 07, 2023

While many Canadians have adjusted to the increased cost of borrowing, elevated interest rates continue to impact activity in markets across the country, keeping some buyers and sellers stuck on the sidelines. During the third quarter, inventory rose and sales activity softened, although this did not necessarily translate into steep price declines...

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Our Real Estate Update September 2023

Posted on Oct 06, 2023

The real estate landscape in the GTA has seen a complex interplay of factors as buyers navigated the challenging environment of rising interest rates over the past 18 months. Buyers and homeowners are now faced with the question of how long these elevated rates will persist. The rise in long-term bond yields, indicating the belief that interest rat...

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