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Residential

Royal LePage Real Estate Market Forecast

Royal LePage Market Forecast

National Home Prices to Show Remarkable Resilience in 2020 Best case scenario forecast shows Canada’s aggregate home price could grow a modest 1% by the end of 2020 If the pandemic continues to heavily restrict business activity through late summer, a national home price decrease of 3% is expected by the end of 2020 The aggregate price of a home in Canada climbed 4.4 per cent...

Real Estate Market - Royal LePage 2020 Market Survey Forecast

Real Estate Market

Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July 2020 – a 29.5 per cent increase over July 2019 and a new record for the month of July. On a preliminary seasonally adjusted basis, sales were up by 49.5 per cent compared to June 2020. Year-over-year sales growth was driven by low-rise home types, particularly in the regions surrounding the City of Toronto....

Renting Home Vs Owning A Home; Tenant; Landlord; Toronto Home; Net Gain

Renting Vs Owning A Home

Renting Average rent in GTA suburb for 3 bedroom home is $2400/month plus utilities $300 per month. And additional tenant insurance $50 per month. Renting a home costs $2750 per month and $33000 per year. Owning On the other hand, if you buy a townhome in GTA suburb of purchase price of $600000 with 10% down payment. Your monthly mortgage will be $2500 plus $300 utilities, insurance $100 and...

Federal First Time Home Buyer Incentive Program

The enhanced housing affordability measures introduced in the federal budget in March are not expected to have a significant effect on home prices. The increase in the registered retirement savings plan withdrawal limit to $35,000 from $25,000 has been in effect since it was announced. The First-Time Home Buyer Incentive – a three-year, $1.25 billion shared equity mortgage program whereby the Canadian...

Rolling Meadows Thorold In Niagara Region

A Master Planned Community Located in the Heart of Niagara Rolling Meadows is a master planned community with charming homes nestled thoughtfully throughout. With countless trails and outdoor recreational facilities, it is a playground for active-living families. Surrounded by an alluring landscape of parks and open green space, adventure is right outside your door. Just as close and easily visible...

TREB Real Estate Market Updates

Real Estate Market 2019

Greater Toronto Area REALTORS® reported 7,711 residential sales through TREB's MLS® System in August 2019. This result represented a 13.4 per cent increase compared to 6,797 sales reported in August 2018. On a monthover- month basis, after preliminary seasonal adjustment, sales were up by 0.8 per cent. GTA-wide sales were up on a year-over-year basis for all major market segments, with annual rates of...

Real Estate Buyers Guide

Either you are planning to buy your first home or upsizing or buying for investment, journey to buying home requires a lot of time and efforts, moreover, it comes with big financial responsibilities. It takes sacrifice, discipline and determination. These measures will may assist to make the home buying process manageable, simplify process and help to achieve your ambition.  It may provide clarity ahead...

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