Author: realtorjags
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Happy Valentine’s Day
Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was Read more
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High Supply Drives GTA Condo Price Declines
High condo supply in the GTA has allowed buyers to negotiate lower prices. In December 2024, 80% of condos in the GTA sold below the asking price. Read more
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GTA Real Estate Set for Competitive Market in 2025
Greater Toronto Area prices expected to ↑ 5% by Q4 2025 compared to the previous year. Real Estate demand is forecast to grow, with faster home sales and decreased market time in 2025. Read more
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Ontario’s housing outlook seems bleak. Here’s how the major parties plan to jumpstart construction
Ontario's major parties are proposing plans to increase home construction as housing starts have stalled, despite the PCs' promise to build 1.5 million new homes by 2031 amid economic challenges. Continue to full article Read more
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Fixed or Variable Mortgage: Does the Latest Rate Cut Change the Game?
The Bank of Canada has reduced the overnight lending rate by 25 basis points to 3%, benefiting homeowners with variable-rate mortgages through lower monthly payments. While variable rates may offer immediate relief, fixed rates, influenced by bond yields, have also seen a downward trend. Predicting future movements is challenging, and borrowers should consider their financial Read more