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 …

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 …

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 …

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 …

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 …

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 …

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 …

Becoming a homeowner for the first time is an important life milestone. With housing affordability increasingly out of reach for so many in Canada, for those who are in the fortunate position of buying a new home, choosing the right Realtor is a crucial first step in what can …

Here is a snapshot of the real estate market, supported by key data and forward-looking trends.

TORONTO, December 12, 2023

• Sales in November 2023 fell year-over-year.
• Housing sales in November slumped to lows last seen in 2008.
• Housing supply expanded year-over-year.
• Selling prices remained …

TORONTO, December 5, 2023 – High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling …