Monday, April 10, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
We’ve been wondering for a few months whether—and to what extent—2023 would be a recovery year for housing markets following a steep drop-off in 2022, albeit from a lofty start.
Our forecast, published back in January, predicted a modest recovery or the start of a recovery, but forecasts are by their very nature always conservative.
A great example of a recovery year is 2019, coming off the stress test in 2018. It started off slow but there were no listings. Sellers were waiting for spring. This year is looking increasingly similar.
February 2023 saw the same month-over-month drop in seasonally adjusted new listings that we saw in February 2019. This is not a market being flooded with listings. Quite the opposite.
From a demand vs. supply standpoint, we’re still in (or close to being in) a seller’s market at the national level. Future s! ...
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Monday, March 20, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
Considering a new job? Might want to start applying, because the balance might shift back to employers soon. Statistics Canada quarterly data shows a substantial decline in both vacant job listings and the job vacancy rate in Q4 2022. Despite the quick move, diving into the monthly numbers shows a higher-level may downplay just how rapidly Canada’s vacant jobs are vaporizing.
Canadian Job Vacancies Reveal A Sharp Quarterly Decline
Canada’s job vacancies are coming down fast from the peak reached less than a year before. Vacant roles fell 8.2% (-78,600 jobs) to 885,900 roles in the fourth quarter of 2022. This brings the vacancy rate down 0.5 points to 4.9%—a sharp decline for just a few months. Both the number of vacant roles and the rate are the lowest since Q2 2021.
It’s A Different Market From Peak, But Vacancies Are Elevated
Canada’m ...
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Monday, March 6, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
All I can say is WOW! I'm sitting here at my computer, thinking of you reading this, how grateful I am for you and your time, looking out my office window and there is not a cloud in the sky. It looks like Spring has Sprung!
I get that for many across the country it’s still COLD! But one thing is for sure, this winter season is coming to an end. It does every year. Without fail. Spring is a time of action, people busy trying to get things done they could not do during the winter months. Sort of a renewing of the mind and spirit, of many things GOOD!
Hopefully this special season will bring awesome happenings your way as your year unfolds. Wouldn’t it be great to simply just grab your favourite book along with your favourite lounge chair, set it right down in your favourite spot somewhere, outside or next to your window, while looking out on a beam ...
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Monday, February 20, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
"...read This BEFORE You Visit Your First Model Home!"
When shopping for your home, you'll discover that most homes on the market are resales. Yet, one out of four homebuyers purchases a new home. Both new homes and resales offer advantages. Before you make a decision, let's . . .
Compare These Points!
New Homes
offer innovative use of space and style
greater energy efficiency
a choice of options and upgrades
everything is new, and modern
Existing Homes
on the average they are less expensive
often they are in established neighbourhoods with mature landscaping
homes have already settled, eliminating possible problems that arise from this happening after the purchase of home
As you can see, there are advantages to both. Most people consider both new and existing homes before they decide to purchase. Should you be thinking about buying a new house, here are 1. ...
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Monday, February 13, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Tamburello
Team Leader & Broker
647-697-6743
matthew.thetamburelloteam@gmail.com
"When such a major investment is transferred from one party to another, even the subtle legal details need to be taken care of. If not they can turn into major problems if handled incorrectly."
When you're buying or selling a home, there are many important legal issues, large and small, that you should be aware of. To begin with, residential real estate is not an uncomplicated process. When such a major investment is transferred from one party to another, even the subtle legal details need to be taken care of. If not they can turn into major problems if not handled correctly.
It is essential to be as informed as possible in order to properly protect yourself in the process of buying or selling a home. There are several issues that will certainly cost you if you are not properly informed. In this report, we identify 3 of the most common of these issues.
Because there are man. ...
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