Wednesday, January 31, 2024 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Checking the best places to live in Toronto for your family can be a lengthy and challenging process. The property you should buy requires the perfect balance between price and features of the house, taking into account the neighbourhood considerately.
Our aim with this article is to help you with making a smart choice for a pleasant and affordable place to live in Toronto. On top of that, we’ve decided to do some research on most trending neighbourhoods in Toronto, looked at from our point of view as locals with years of experience in the housing market.
Personal Research is Essential
Studies have shown that people with strong connections to family and friends in a community are consistently happier than those without social ties. That’s why our top one recommendation for finding the best places to live in Toronto, is. ...
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Wednesday, November 22, 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 aga! ...
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Wednesday, October 18, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
Pros and Cons of Living in Ontario
Ontario is known as the Province of Opportunity, so it’s no surprise that many Canadians think about moving to one of its many major cities at some point. The truth is that Ontario is among the best places to live in Canada because it offers a great combination of stability, nature, and entertainment.
With the above in mind, there are many elements you should consider if you’re planning on moving to or staying in Ontario.
For new residents, this means figuring out the advantages of moving to Ontario, which range from a high-quality, province-wide public transport network and a low crime rate in many of its major cities.
Current Ontario residents, on the other hand, may need to escape city life and discover the natural side of the province. The contrary is also true, with many Ontario resid. ...
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Wednesday, October 4, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
It’s no secret that the Canadian real estate market is growing at a fast pace. But, despite the low-interest rates and increasing supply that has fueled the industry growth over the last few years, current and future homeowners need to think about making a down payment in order to acquire their next properties without any problems.
The real estate market moves at break-beck speeds, so it’s normal to ask yourself “how much down payment do I need for a house?”
In this article, we’ll cover the definition of a down payment and explain how this impacts the type of house you can afford. Additionally, we’ll also give you tips on saving these funds for your dream home.
Understanding Down Payments on Houses
Before going over the average down payment for a house in Canada, it’s crucial to understand the . ...
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Monday, September 4, 2023 / by Matthew Daniel Tamburello
Courtesy of:
Matthew Daniel Tamburello
Team Leader & Broker
Trinity Real Estate Consultants
647-697-6743
matthewdanieltamburello@gmail.com
The Toronto Regional Real Estate Board (TRREB) reported that the GTA housing market continued its adjustment to higher borrowing costs in September 2022. Sales for the month reached 5,038, but were down by 44% compared to September 2021. New listings were also down on a year-over-year basis by 16.7% to 11,237. This is the lowest number of new listings reported for September since 2002.
The average selling price remained fairly steady, up slightly from last month to $1,086,762 and down 4.3% from September’s 2021 figure of $1,135,027.
“Hovering just below $1.1 million, the average selling price may have found some support during the last couple months of summer,” says TRREB Chief Market Analyst Jason Mercer. “With new listings down quite substantially year-over-year and well-below historic norms, some home buy. ...
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