Toronto Infrastructure; Critically Important for Canada

By: Jagdeep Singh

Toronto Infrastructure; Critically Important for Canada

Tags: Toronto, Canada, GTA, Infrastructure, GDP, spending

Enter Blog Post HereInfrastructure spending in Ontario has gone down and this could have long term affects on the province’s economy for years to come. The federal government has fallen behind on its commitment to invest in Ontario’s infrastructure, like transit and transportation. A sluggish economy, not to mention inadequate transit and transportation, will adversely affect real est...Read More

By: Jagdeep Singh

Market Report - July 2018

Tags: TORONTO, GTA, REAL ESTATE, MARKET, SALES, HOMES, HOUSES, CONDOS, AVERAGE PRICE

Toronto Real Estate Board announced strong growth in the number of home sales and the average selling price reported by Greater Toronto Area REALTORS® in July 2018. Home sales result in substantial spin-off benefits to the economy, so the positive results over the last two months are encouraging. However, no one will argue that housing supply remains an issue. The new provincial government an...Read More

Stage Your Home Like a Pro

By: Jagdeep Singh

Stage Your Home Like a Pro

Tags: staging, homes, condos, house, quick sale, higher value, real estate, tips and tricks

Home staging can be an easy an affordable way to sell faster and show the buyers that your property is well worth the investment. In any market, it is imperative that your home stands out from the rest. Start with a fresh mindset and try to imagine that you're stepping into your space for the first time. Then use these tips to get your home in top shape and check mark this important step on yo...Read More

One thing you must investigate about the REALTOR you are about to choose. 

By: Jagdeep Singh

One thing you must investigate about the REALTOR you are about to choose. 

Tags: choosing a REALTOR, real estate agents, Toronto, real estate, buy, sell, property

Why is Manitoba lucky? In Manitoba, REALTORs are NOT allowed to have an occupation outside of real estate. They must also attend mandatory continuing education every single year (in Ontario it is every 2 years) to keep on top of legal and regulatory changes that can ultimately impact home buyers and sellers. In Ontario, people can work part-time in real estate while they serve coffee at a local S...Read More

Market Report - May 2018

By: Jagdeep Singh

Market Report - May 2018

Tags: Toronto, GTA, Real Estate, Market, Sales, Homes, Houses, Condos, Average Price

7,834 sales were reported through TREB’s MLS System in May 2018. This result was down by 22.2% compared to May 2017, however it was up compared to the month of April. While the number of sales was down year-over-year, the annual rate of decline was less than reported in February, March and April, when sales were down by more than 30%. On a month-over-month basis, seasonally adjusted May...Read More

Tall Condos and Fire - Do Residents Know What To Do?

By: Jagdeep Singh

Tall Condos and Fire - Do Residents Know What To Do?

Tags: Home, Alarm, Safety, Condo, Toronto, Fire, GTA, Hazard

The thought of fire in our home is not something we want to think about, but it is a possibility that can occur when we least expect it. Part of prudent home ownership is to be prepared. In a regular house, a bungalow, a 2-storey structure, we all know that in case of a fire we must leave the building and go out in the open. But what is to be done when you are 70 or 80 floors up in the air.  ...Read More

By: Jagdeep Singh

Market Watch: April 2018

Tags: Market, Real Estate, Prices, Homes, Toronto, GTA

During the month of April 2018, 7,792 sales were reported through TREB's MLS® System. The average selling price was $804,584. On a year-over-year basis, sales were down by 32.1 per cent and the average selling price was down by 12.4 per cent. The year-over-year change in the overall average selling price has been impacted by both changes in market conditions as well as changes in the type...Read More

By: Jagdeep Singh

Luxury Homes Bearing the Brunt

Tags: Luxury Homes, Toronto, Real Estate, Market Watch

On 26 April, I listed and sold a property. The Seller was asking approximately $50K over $1M;  $1,048,000 to be exact. Yes I was able to sell it in 14 days for 97% of the listing price but two months of preparation went into the property, including getting small renovations done, decluttering and staging.  The point I am trying to make is that while on paper, it may seem...Read More

Condos Soar

By: Jagdeep Singh

Condos Soar

Tags: Condos, Toronto, Homes, Real Estate, GTA, Apartments

Buyers looking to less expensive options. Condos see double digit growth. Greater Toronto Area REALTORS® reported 92,394 sales through TREB's MLS® System in 2017. This total was down 18.3 per cent compared to the record set in 2016. Record sales in Q1 were followed by a decline in Q2 and Q3 after the Ontario Fair Housing Plan (FHP) was announced. The pace of sales picked up in ...Read More

Rents Are Up - Double Digit Gains

By: Jagdeep Singh

Rents Are Up - Double Digit Gains

Tags: Condo, Rental Market, GTA, Toronto, Housing,

  In Toronto, condo rents for studio units are up 11% and up 9.1 per cent on average.  Study finds that rents for condos in Toronto are up 9.1%. One can totally expect them to keep on going up. Reason: The mortgage stress test is going to make it harder for people to buy. This will force a lot of potential home buyers to continue to rent. Add to that the lack of purpose built...Read More