High condo supply in the GTA has allowed buyers to negotiate lower prices. In December 2024, 80% of condos in the GTA sold below the asking price.Read more
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Toronto real estate faced its slowest year in decades, with condo sales dropping to a 27-year low. A surge of 166,121 new listings in 2024 created abundant inventory, 16.4% higher than 2023.Read more
Understand your home’s specifics and Ontario risks like severe weather to determine appropriate coverage. Select from comprehensive or basic plans based on your budget and protection needs.Read more
The median price for Canadian vacation properties is projected to rise 7%. Canada's winter vacation properties may reach a median price of $1,019,960.Read more
Ontario’s housing goal faces challenges: The province is unlikely to meet its target of 1.5M homes by 2031. Major barriers to construction: Rising costs, high interest rates, taxes, and bureaucratic delays are stalling housing developmentRead more
Greater Toronto home sales slightly decreased in December, with 3,359 homes sold, down 1.8% from the previous year. The average selling price fell 1.6% to $1,067,186, while new listings rose 20.2% to 4,681. In Toronto, sales dropped 6.7%, but increased by 1.1% in the rest of the GTA. The market is expected to transition inRead more
Homebuyers in the Greater Toronto Area (GTA) are gaining negotiating power as new listings surged in 2024, outpacing sales and increasing inventory. This trend is expected to continue into 2025, benefiting first-time buyers due to declining borrowing costs. TRREB reported a 2.6% rise in home sales and a 16.4% increase in new listings, while theRead more
Create a detailed asset inventory, including property, bank accounts, investments, and digital assets for your estate.Create a will to determine asset distribution; appoint an executor, beneficiaries, and a guardian for children.Read more
Rent inflation is expected to slow with reduced immigration and weaker population growth. Immigration targets reduced by 20%, affecting temporary residents who are primary renters.Read more
Ontario offers numerous appealing retirement destinations, featuring stunning natural scenery, low crime rates, and quality healthcare. Notable small towns include Niagara-on-the-Lake, known for its wineries and historical sites; Collingwood, ideal for outdoor enthusiasts; and Innisfil, with its recreational programs for seniors. Other highlights are Owen Sound's waterfalls, Bracebridge's lakes, and Peterborough's blend of city andRead more
