The real estate market outlook still shows low inventory and high demand. Buyers are now starting to see more inventory this Spring 2021, but they are not assured of getting their dream home just yet.    Bidding wars have been going on since the market has shifted to a seller’s market. It is not unusual to get more than the asking price for a listing these days.    For home buyers, the bidding war can become an emotional experience. So it can greatly affect... [read more]

With the vaccine rollout coming into Phase 2 in Ontario this April 2021, there is a guarded relief that most of the life we knew prior to the pandemic will be back to a different normal. This means social distancing and limited social circles will slowly lessen - making way to more freedom of movement and interaction. This bodes well for the real estate industry who is still suffering from low inventory and a high-demand market.    Home sellers can now start planning ahead in... [read more]

The pandemic has caused uncertainty in the real estate industry since its beginnings in 2020. All manners of day-to-day life have either ceased or dramatically changed to implement safety precautions. This includes the 4 groups of Canadian homebuyers’ lifestyles and preferences when it comes to finding their properties. Their different demographics will be greatly affected by the emerging 2021 real estate trends.    This article will briefly list the types of Canadian... [read more]

According to StatCan, metropolitan areas, Montreal(-24,880) & Toronto (-50,375) have seen record-high population losses to their neighbouring suburbs and exurbs regions between 01 Jul 2019 - 01 Jul 2020 due to population exchange.    Change in detached and semi-detached house sales in the GTA from April to December of 2019 vs. April to December of 2020. Image via Zoocasa.   This urban sprawl is causing the real estate market of the outside metro and rural... [read more]

This article discusses some of the common real estate frauds in the industry that causes big financial loss.    Real estate fraud can be defined as unethical and misleading tactics that scammers use to trick home buyers, owners, or sellers out of their big-money or title.    Title fraud is when a scammer somehow gets a hold of a property title and then take a new or additional mortgage without the actual homeowner’s knowledge. This is usually committed... [read more]