Real Estate 2022

Limited inventory of homes and a strong demand are likely to maintain this Toronto real estate market a strong market conditions until 2022. Move-up and move-over buyers continue to fuel the market and single-detached homes in brampton saw the most significant price appreciation this year on a year over year basis, rising from $1,477.519 by 2020, to $1,710 304 in 2021 (+15.8 percent); followed by townhomes, which increased from $835,615 in 2020 up to $935,015 by 2021 (+11.9 percent); and condos that jumped from $673,708 in 2020 and $709,602 by 2021 (+5.3 percentage).  In the fall of 2021, the market for condos was experiencing the highest amount of activity for all types of properties that is expected to continue until 2022 because of the higher amount of inventory. The rising levels of employment and income that are likely to continue to rise after COVID-19 is expected to remain a an important factor in the growth of the real property market.  The trend of inter-provincial m...

Happy New Year! You know how difficult the past year was for buyers if you spent 2021 searching for the perfect home, or simply keeping an eye on the market. It's easy to believe that nothing will change and that we'll have to repeat the mistakes of the past. It's difficult to predict what will happen without a crystal ball, but the optimist in my heart believes that things will improve. As we set our 2022 resolutions, there are many things we can do that will help us prepare for a successful year on the real estate market. Remember that the market may look very different in the spring. The Ontario market operates seasonally. This means that inventory is typically limited in winter but can be very different in spring. The pandemic has made it a bit more difficult to predict the future. It is possible that we will not see an inventory level as normal for a while. It is important to remember, however, that just because the past few months were a certain way does not mean the ...

We're going now to dive into a topic that seems biased. This is because we're going talk about why you should use a buyer agent to help with new home construction. You might think we are biased because we are agents. We are business people, to be honest. Prime is a company. However, to be honest, we have enough business to make it work. We want your business. We promise that we will serve you well and you'll be impressed and continue to use us. We want to share the knowledge. We want you to feel confident after you watch this series, regardless of whether you hire us or hire someone you know. Sometimes, people make mistakes by walking into a sales office and signing the dotted line without fully understanding the complexities. What makes you believe a buyer agent should be used when building a new home? We have been both on the buyer and seller sides. Both the buyer and the builder have been represented by us. In many ways, working with us gives you an unfair advantage, as ...