Home sales are at record levels in Toronto and near record levels in Vancouver, despite a steep run-up in prices that is putting housing out of reach for many first-time buyers. The era of rock-bottom mortgage rates shows signs of ending, with bond yields on the rise and the U.S. set to raise its benchmark […]
toronto home selling
11 things your real estate agent won’t tell you but should
Realtors live a conflicted life. On the one hand, they are salespeople. They only make money when their deal closes. On the other hand, they are consultants. They advise buyers and sellers throughout the deal process, ideally giving their clients advice that is disinterested from their own financial outcome. Often, these two objectives are […]
House Hasn’t Sold Yet? Take Another Look at the Price
The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007. Demand remains strong going into the winter. Many real estate professionals are reporting that multiple offers are occurring regularly and listings are actually selling above listing price. What about your […]
5 Things To-Do’s Before Listing Your Home For Sale
My initial consultation with my agent, Will, also helped to clarify a list of final to-do’s I needed to scratch off before officially listing the home. Now for the five most important things to do before listing your home: two of these are important questions to ask before you select a realtor, and the […]
Average house price in Canada up 9.5% to $448,862 in April, 2015
The average price of a Canadian resale home rose 9.5 per cent in the 12 months ending in April, 2015 and now stands at $448,862, according to the Canadian Real Estate Association. The national realtors group said Thursday that in addition to strong price gains, the was a much higher volume of houses sold, […]