May 2022
Real Estate Market Report
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GTA Home Prices Cooling from Hot Spring 2022
After a record high in February, the resale market
is showing signs of cooling down as all property types have experienced declines in their median resale
price in March and into early April. The median price differences of different property types are as follow:
- Freehold
townhouses decreased by 22.6%
- Semi-detached houses decreased by 13.5%
- Detached houses decreased
by 12.1%
- Condominium decreased by 6.8%
Read the article here
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Market Adjusts to Higher Borrowing Costs in April
The Greater Toronto Area (GTA) housing market
continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly
and annual basis. As has been the case with previous rate tightening cycles, some home buyers have moved
to the sidelines to determine how they will reposition themselves in the marketplace given the higher
rate environment and related impact on affordability.
Read the article here
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Planning to renovate your home? Here’s what you need to know to maximize your return on investment
If you’
re working on a home improvement project - whether for you to enjoy, or in preparation to put your property
on the market - you may be interested to know which renos will give you the most bang for your buck.
Read the article here
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Ossington Avenue Loft, Toronto
1 Bedroom, 1 Washroom
Quality Tenant Found!
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Square Philips
Condos, Montreal
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Starting
Mid $300's
Occupancy:
2025
Extended Deposit
Structure
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Free Locker
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Call me for more details
(647) 404-9471
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What My
Clients Are Saying
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I recently rented out a condo in DT Toronto and Gosh went above and beyond to make sure I was able
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my first place ever in Canada!
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What My
Boss Is Saying ;-)
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Hello Ghosh,
Wow! What a month April was for you. Congratulations, you are #8 in the brokerage for April.
Thank you
for the level of professionalism you bring to your business and for treating your clients like gold.
All the best,
R.
President
& Broker Of Record
Royal LePage Credit Valley Real Estate
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Are you looking to invest in bank owned, estate properties, fixer uppers, cash flow properties, and
power of sale properties?
I have access to properties across the GTA.
Brampton -- Mississauga -- Halton
Hamilton --
Toronto -- Durham -- York
omyGhosh, Just
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(647) 404-9471
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Stay
Updated On The Newest Properties
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