Category: Uncategorized
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Which Home Upgrades Provide the Best ROI for Resale?
Strategic home upgrades can enhance value and attract buyers in competitive markets. Key improvements include modern kitchens, updated bathrooms, and energy-efficient features. Minor kitchen remodels can yield a 75-80% ROI, while bathroom updates offer 60-70%. Enhancements like landscaping and fresh paint can increase offers by 5-10%. Energy-efficient upgrades and smart home technology appeal to buyers…
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Average rent in Oakville, ON
Rent prices in Oakville, ON have decreased by 7% over the past month and year. As of March 2025, the median rent for all bedroom counts and property types is $2,600, which is 32% higher than the national average. The average monthly rent for an apartment is $2,551, with 1-bedroom apartments averaging $2,276 and 2-bedroom…
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Reforming Development Charges: Cutting GTA Housing Costs?
Development charges have soared up to $163,000 per home in GTA, increasing housing costs significantly.Development charges fund vital infrastructure like water, roads, and sewage for new housing projects in Ontario.
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Will Toronto Embrace Bigger Multiplexes?
A pilot program in a northern ward aims to allow five- and six-unit multiplexes to address housing needs. Around 61% of residential lots in the area are suitable for sixplexes, supporting increased housing density.
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Happy Women’s Day
International Women's Day, also known as IWD for short, grew out of the labour movement to become a recognized annual event by the UN.It all started in 1908 when 15K women marched through NYC demanding shorter working hours, better pay and the right to vote. Things were made official in 1975 when the United Nations…
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High Supply Drives GTA Condo Price Declines
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.
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Tax Breaks Fuel Short-Lived Toronto Rental Surge
Tax cuts led to a temporary increase in rental construction in Toronto, but the effects were short-lived. The GTHA saw rental starts surge from 16% to 27%, tripling in Toronto to 51%.
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Oakville-Milton Real Estate Market Update: Growth for Q4 2024 Growth But a Slow Start to 2025
The Oakville-Milton market is showing signs of transition, with January 2025 experiencing fewer sales and increased inventory. In Q4 2024, residential sales rose by 31.5% to 1,563 units, with notable increases in all housing types. However, January 2025 saw a 29.4% drop in sales to 267 homes. Prices remained stable, with slight increases for single-family…
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GTA new home sales plunge to historic lows
The Greater Toronto Area's new home market experienced a significant downturn in 2024, with December sales reaching their lowest level in nearly 40 years, according to BILD data. Only 310 new homes were sold in December, a 46% decline from the previous year. Overall, new home sales for 2024 were down 47% year-over-year. Experts warn…
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GTA Real Estate Set for Competitive Market in 2025
Greater Toronto Area prices expected to ↑ 5% by Q4 2025 compared to the previous year. Real Estate demand is forecast to grow, with faster home sales and decreased market time in 2025.