GTA Real Estate Insight

Feb. 23, 2024

TRREB's 2024 Market Outlook Offers Insights Into The Year Ahead

We are already more than halfway through the end of the first quarter of 2024, and housing activity in the Greater Toronto Area (GTA) is picking up at a faster-than-expected rate, outpacing most market predictions released last year and earlier this year.

The Toronto Regional Real Estate Board …

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Feb. 16, 2024

Home Ownership in Canada-The Different Property Taxes You Have To Pay

Buying real estate in Canada, whether it is a home, land, or commercial property has become an increasingly expensive undertaking. While housing affordability concerns, higher interest rates, and an overall economic slowdown are significant contributing factors, burgeoning housing prices across Canada are also directly correlated to the spike in …

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Feb. 9, 2024

Housing in the GTA-Other Types Of Home Ownership

For the last few weeks, we have been sharing information on the different types of housing options available to home buyers in the Greater Toronto Area (GTA). While we’ve touched on the most easily identifiable and broad categories of housing, such as condominium apartments, condominium townhomes, semi-detached, and detached …

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Feb. 9, 2024

A Note from RE/MAX Royal Team Sachdeva Realty

A great start to 2024! Despite the winter weather and the higher-than-usual borrowing rates, January’s 4,223 sales were 37% higher than January 2023. The desire for home ownership remains high! Unfortunately, while the number of new listings was up, they were only up 6%, highlighting tighter market conditions and raising …

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Feb. 2, 2024

Housing in the GTA-Detached Home Ownership

Each week, we have been sharing a brief overview of the different types of housing options available to home buyers in the city of Toronto and its suburbs. The RE/MAX Royal Team Sachdeva Realty team has over two decades of experience in the region’s real estate market, helping first-time …

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Jan. 26, 2024

Housing in the GTA-Semi-Detached Home Ownership

What is a Semi-Detached Home?

A semi-detached home is in some ways the perfect in-between option when choosing between buying a detached home—which is much more expensive and has higher maintenance costs, and a townhome—which offers far less space and privacy. A semi-detached home shares a common wall …

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Jan. 19, 2024

Housing in the GTA-Townhome Living

Toronto and the broader region offer a multitude of choices to buyers interested in purchasing a townhouse as opposed to a condominium or a detached home. Townhomes are frequently preferred by first-time buyers as they offer more space and independence (compared with condos) and are more affordable than detached …

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Jan. 12, 2024

Housing in the GTA-Condo Living

The Positives of Condo Living/Investment

For the growing influx of new immigrants into Canada, buying a condo offers a great way to get a foothold into Canada’s pricey real estate market. Condominiums are much more affordable than detached or semi-detached homes and over time have also proven to …

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Jan. 5, 2024

What To Expect From The GTA Housing Market in 2024?

Are you a prospective homebuyer or seller? Are you an investor looking to enter or exit the GTA real-estate market this year? With rate cuts in early 2024 expected to ease borrowing pressures, sale prices across the GTA continuing to trend lower, and a more robust housing inventory providing …

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Dec. 28, 2023

The GTA Housing Market In 2023, And A Look Ahead At 2024

Even as the construction of new condominium complexes continues unabated, high interest rates, slumping demand, and record housing prices continue to deter first-home buyers from venturing into the GTA’s real-estate market in 2023. What can you—our existing clients (old and new) and prospective clients—look forward to in 2024. Here’s …

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