In 2021, we saw more of a typical real estate market cycle in comparison to 2020. This December, we saw the same trend of buyers staying in the market over the holidays, and sellers decided to wait, which resulted in another huge discrepancy in the percentage of listings to sales. Here are the numbers you need to know for the …
4 Predictions On 2022 GTA & Mississauga Real Estate Market
I’m sure many of you are wondering what to expect in the real estate market next year! This is what we know: 1. Interest rates will increase It won’t make a big difference in the market, but it is believed that interest rates will be rising possibly in Q3 or closer to the end of 2022/beginning of 2023. 2. COVID …
5 Reason Why 2021 Real Estate Market Set a Record
In this video, we go over 5 main reasons why the real estate market set a record year here in Canada during 2021 1. Historical low-interest rates this gave access to money to everybody! Money was cheaper and more people could qualify for MORE money 2. Low Supply There were not enough houses on the market available for sale and …
Mississauga Garbage-Filled Home Sells For Nearly $1M
Investors and buyers listen up, Fix & Flip/Live is possible in the GTA market! This Mississauga house BlogTo posted, by Mavis and Rathburn, was deemed unsafe for viewings and sold for $955K in October. It sold for $56k over asking, 4 days on the market! Crazy ah?! I think it’s actually a great deal! Move-in-ready homes in the area are …
November 2021 GTA & Mississauga Real Estate Market Update
Price is up, sales are up and so is demand! The real estate market during the month of November saw new records in average selling price, as well as home sales here in Mississauga! The GTA still remains a primary location for immigrants to reside in, as it is at the core of the Canadian economy. The government is currently …
October 2021 GTA and Mississauga Market Update
During the month of October, the GTA real estate market reached the second-highest level on record and the amount of inventory is continuing to struggle to keep up with demand. There are still many opportunities to be found in the real estate market and a good way to identify which would be best for you is by looking at the …
September 2021 GTA and Mississauga Market Update
September marked the transition from the slower summer market to the busier fall market in the GTA and City of Mississauga. The market has seen an uptick in sales since Labour Day passed, along with an increase in the average selling price which was up both month-over-month and year-over-year. There are still many opportunities to be found in the real …
August 2021 GTA & Mississauga Market Update
The market has continued to move very fast! There were 20% less sales and 50% LESS listings available in August. Therefore, even if the demand was less than before, supply was more than double the amount, which has contributed to a 12.6% increase in the average price! Here are the numbers you need to know for the month of August: …
July 2021 GTA and Mississauga Market Update
The demand for real estate in the GTA during the month of July dropped by 14.9% compared to July 2020, which set a record for housing sales in the summer month! Prices in the GTA rose by 12.6% and had a months of inventory of 1.03! Here are the rest of the numbers you need to know for the month …
Home Reno’s That Add The Highest Resale Value
If you’re thinking of what you should renovate next in your home, here are some cost-effective renovations you might want to consider to add some extra resale value. 1. It is important to take care of your curbside appeal, as it is the first visual buyers get before even entering your home. Some cost-effective upgrades can be as simple as: …