For those of you who follow me on Social Media, you may have seen my video post on deferring mortgages. Much to my surprise, that post was hugely popular with tons of shares, comments and views! I figure one of two things were happening, either people have a lot of extra time on their hands, or they really are wondering about deferring their mortgages.   What’s the deal?   The big six banks (TD, RBC, CIBC, Scotia, Bank of Montreal and National) have decided to offer... [read more]

  Every industry has adapted to the unprecedented times that we are facing, and Real Estate is no different. While the volume of transactions has fallen dramatically in the past two months, the balance between new listings and sales has remained level. As a result, the April average price in the GTA did not see a drop, year-over-year. And, while we are not seeing the super-hot conditions of February, this more balanced market can be a welcome change for both buyers and... [read more]

What’s Happening Now and A Look Ahead   In the midst of a global pandemic, the GTA housing market continues to astound and defy its critics. In the last several months, we’ve seen an incredible comeback; from a spring that could almost be described as frozen, to a red hot summer with incredible growth and activity.    Across the GTA in all home types, prices increased an average of 20% from Aug 2019 to Aug 2020. And total residential transactions (sales)... [read more]