Wednesday, January 17, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Greater Toronto Area (GTA) real estate market is one of the most dynamic and competitive markets in Canada. To negotiate the best home deal in the GTA, an optimized strategic approach is needed in order to ensure that you get the most value for your investment. With numerous factors influencing the market, such as demand, location, and property type, it’s essential to have a solid understanding of the local real estate market. Whether you’re a first-time homebuyer or a seasoned investor, understanding these tips and working with a real estate brokerage such as Trinity Real Estate Consultants can help you navigate the complex GTA real estate market and achieve your real estate goals.
Understand the Local Market
To negotiate the best deal when buying or selling a home in the GTA, it’s important to understand the local. ...
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Wednesday, January 10, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Sales Boom: How GTA is Defying Expectations
The numbers are in, and they’re nothing short of spectacular. With a 16.5% increase in sales compared to June 2022, translating to 7,481 transactions in June 2023 alone, the Greater Toronto Area (GTA) is a hive of activity. The robust sales were propelled by an energized economy, tight labor market, and record population growth. However, the news isn’t all rosy. A limited housing supply has escalated competition among buyers, pushing average selling prices upward. It’s a thrilling seller’s market, but what does that mean for buyers?
Looking to sell your property at top dollar or find the perfect home in this competitive market? Contact Trinity Real Estate Consultants today!
Home Ownership Dreams: Can You Still Afford It?
The dream of owning a home in the GTA seems ! ...
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Wednesday, December 20, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Greater Toronto Area (GTA) housing market has been a hot topic in recent times, and October 2023 has brought its share of intriguing developments. While challenges like affordability and interest rate uncertainty have persisted, this dynamic market has also presented opportunities for those willing to navigate its currents strategically. In this blog post, we delve into the key insights from the October 2023 market report to help you make informed decisions, whether you’re looking to buy, sell, or invest in GTA real estate.
Sales and Pricing: Finding Balance
In October 2023, GTA home sales experienced a 5.8% dip compared to the same time the previous year, and this trend extended to a month-over-month seasonally-adjusted basis as well. A major contributing factor to this slowdown has been the persistently high borrowing costs a. ...
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Wednesday, December 13, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The real estate market in Ontario is evolving with the implementation of the Trust in Real Estate Services Act (TRESA) Phase 2, effective December 1, 2023. These changes are set to significantly improve the transparency and fairness of real estate transactions. Trinity Real Estate Consultants, a forward-thinking real estate brokerage, is here to guide you through these pivotal updates.
Enhanced Transparency in Representation
Designated Representation:
A new approach within brokerages, where separate agents represent the buyer and seller, ensuring dedicated support and clear advocacy for each party’s interests.
Self-Represented Party (SRP):
A shift from the term “customer” to SRP, highlighting the role of individuals in a deal without their own agent. SRPs receive comprehensive guidance on their role and the transacti. ...
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Wednesday, December 6, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
On Wednesday, November 15, the Canadian Real Estate Association (CREA) released its national housing statistics for October 2023. Below, CREA’s Senior Economist Shaun Cathcart provides an update on the current state of housing markets in Canada and explains what the data means for members:
Canadian home sales dropped 5.6% from September to October 2023, a sizeable month-over-month decline but not really that surprising as it was simply the continuation of a trend we’ve been watching since August.
This reinforces the idea that after the Bank of Canada’s resumption of rate hikes this summer and the uncertainty that caused, a lot of would-be home buyers have gone into hibernation.
Preparing For Spring:
The rebound in activity we saw this past spring was an example of what we might see next year. If that were to happen ag! ...
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