Today the Bank of Canada raised it’s key interest rate from 1.25% to 1.5%. In response, all 6 of Canada’s big banks have announced they will raise their prime lending rate to 3.7%. Prime Lending Rate Trend source: tradingeconomics.com
The Ontario Rent Increase Guideline is set at 1.8% for 2019. If you are a landlord in Ontario, you can only increase rent every 12 month period, you must provide at least 90 days notice to your tenant in writing […]
Market Stats for June 2018 are out. The average price for a detached home in Toronto is $1,354,429 and for semi’s it is $999, 754. Curious to know how much your house is worth? Get in touch to discuss.
Who’s the number one real estate brokerage in the Great Toronto Area? We are! Super proud to be a part of this organization.
The Toronto Real Estate Board has reported a 22-per-cent drop in the number of homes sold in GTA in May 2018 compared to May 2017 and a 26-per-cent decline in new listings of homes for sale, both statistic suggestive that […]
Sales through the TREB MLS in April 2018 on a year-over-year basis were down by just over 32 per cent. Compared to April 2017, which had the highest average sale price on record for the Board, April 2018’s average selling […]
It’s Monday April 30th 2018 and starting today, any new lease agreement must use the new Ontario Standard Lease template introduced and provided by the Ontario Government. If you are a landlord in Ontario, you must start using this new […]
There is a lot happening behind the scenes so come back soon. In the meantime, if you are looking to buy a home or condo in the greater Toronto area or just have some questions please send me a note […]