Week 10 -Inflation Up to 4%, what will this mean for next month?!

Hey everyone, Let's dive into the dynamic GTA market in our weekly update. We'll discuss the unexpected 4% inflation figures and the recent GST cut by the Liberals. Plus, we'll focus on key areas of interest in Toronto. Inflation has come in at 4%, higher than anticipated. This will likely influence Bank of Canada's decision next month regarding interest rates. Unfortunately, another rate increase...

Week 9 -Rates Held! Leading to an increase in new listings!

Greetings everyone, It's week nine of our regular market update, and there's much to unpack. Last week brought positive news from the Bank of Canada, holding interest rates steady. While we won't see an increase for now, it's uncertain if this trend will continue into October. So, let's remain cautiously optimistic. As expected, the market has shown signs of heightened activity. In the initial week of...

Week 8 – Will BOC pause rate or increase the rates?

Hello everyone, Welcome back to Week Eight of our weekly update – it's back-to-school time, so things were pretty slow for the last week or summer. This week, we're keeping it brief, discussing the market and what's coming up. Tomorrow, Bank of Canada makes a decision if they will pause rates or increase them, and we get August numbers from TREBB, so we'll delve deeper next time. We hope Bank of...

Week 7- Last week before Back To School

Hello everyone, Welcome to Week Seven of our Team Compton weekly update. As summer draws to a close, we'll keep this brief. Back-to-school time is upon us – a mix of excitement and fresh beginnings. Let's dive into the market briefly before we cover specific areas: Downtown surroundings, Don Mills, Leaside, Mount Pleasant, Young and Eglinton, Davis, and now Durham – Pickering, Ajax, and Whitby. A...

Week 6 – Inventory Rising, Prices showing some resiliency?

Hey there, folks! Hope you're all doing fantastic. Welcome back to Week Six of our weekly market update, where we zoom in on specific areas within the GTA for our update. Today, we're taking a dive into some monthly and yearly numbers. This one's for those of you who might not be in the immediate buying or selling mode. Don't worry, we've got you covered! Now, let's chat about the condo market....

Week 5 – Coming to you from Cottage Country

Hello everyone, Welcome back to our Week Five Market Update! I'm coming to you from cottage country this time, enjoying some family time. You might catch some background chatter, but it's all good vibes. Nature's a perfect summer companion, so get out there if you can! Now, let's dive into recent news. Inflation numbers for July just rolled in, and they're not the best news. June hinted at a potential...

Week 4 – Summer Slowdown is here.

Hello everyone, Welcome back to our weekly market update, now in our fourth week. This time, we're diving into the latest July stats that were released last week. As well, we'll focus on our specific areas. Let's start with the Trebb figures. Year over year, the average price has increased by 4%, yet month over month, it's dipped by just over 5%. Home sales have surged nearly 8% compared to the same...

Week 3 – Did Bank Of Canada Create the Mess we are in at the moment?!?

Hello everyone, Welcome back to week three of our weekly market update. We aim to provide you with valuable insights into the current real estate landscape in Toronto and the GTA. So, let's dive right into the latest trends and developments. As expected, the market is slowing down during the summer lull, but there are some interesting observations to discuss across different areas. Downtown and...

Week 2 – Are things cooling down?

Hello, everyone! Welcome back to week two of our market update. We appreciate your continued support and are committed to improving our insights each week, as this is something we think will continue to add value within a market like Toronto. Let's begin by discussing the recent rate hike from the Bank of Canada, which was somewhat expected. While this may create tighter situations for some, it also...

Week 1 – What to Expect in the Summer

Greetings everyone! We are excited to present our weekly market update, where we delve into key areas of interest and provide valuable insights. While we will focus on specific regions, we encourage you to reach out if you'd like information on other areas. Let's dive into our discussion on downtown and surrounding areas, the Don Mills area, Leaside, Davisville and Mount Pleasant, Yonge and Eglinton...

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