Mississauga House Price Analysis: May 2024 Market Report

The Mississauga real estate market saw notable activity and growth in May 2024. According to the Toronto Real Estate Board (TRREB), listings increased significantly compared to both last year and the previous month. This is the reason that homeowners are optimistic about the spring market, expecting higher demand for housing.  Pre-construction homes in Mississauga have […]

Where should i list my condo for rent?

If you want to put your condo for rent in Toronto, here are some of the best places to list it, along with why they are effective for maximizing visibility and attracting potential tenants: 1. MLS (Multiple Listing Service) •Why: MLS is the primary real estate database used by agents across Canada. It syndicates listings […]

Toronto Real Estate Outlook May 2024

The current real estate market in Toronto shows a mixed picture, with some trends favoring both buyers and sellers. Here are the key points: 1. Price Trends: As of mid-2024, the average home price in Toronto is around $1.19 million, with a 3.6% increase month-over-month but a slight decrease of 0.3% year-over-year . Some areas […]

Importance of CAP Rate in Real Estate

Investors seeking commercial real estate rental properties with healthy cash flows have several methods for evaluating market opportunities. One of the simplest, back-of-the-envelope calculations is the cap rate. Although it is not the only metric to consider before committing to a transaction, it remains a valued tool in every investor’s due diligence toolkit. Cap Rate: […]

Toronto Rental Rates Set to Drop in 2024

Toronto rental rates are projected to drop in the coming months, leaving landlords feeling the pressure. As we dive into the annual pre-rental season update, the data points towards a decrease in rental rates as we enter the spring and summer season. A combination of factors, including reduced population growth, excess supply, and challenging economic […]

GTA Condo Market: Prices, Trends & Insights

The GTA condo market is a complex and ever-changing landscape that requires careful analysis to navigate successfully. Whether you’re a buyer or seller, understanding the current trends, prices, and insights is crucial to making informed decisions. In this post, we’ll take a closer look at the GTA condo market, examining prices, trends, and what it […]

Toronto Condo Market Slowdown: What’s Next?

Toronto’s condo market is experiencing a significant slowdown, with sales plummeting to levels not seen since the global financial crisis. The latest report from Urban Nation reveals a gloomy picture for pre-construction sales, with projects only 50% pre-sold on average, down from 61% a year ago and 85% two years earlier. As a result, more […]

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