Latest Blogs

Housing Inventory at 20-Year Low, B.C. Real Estate Association Says

2017-05-02 / by Homelife Galaxy

According to recent statistics from the British Columbia Real Estate Association (BCREA), housing inventory in the province is at a 20 year low. The association mentioned that the lack of listings is making the existing affordability problem worse. Cameron Muir, the British Colum ....

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Monthly Resale Housing Market Figures - April 2017

2017-04-15 / by Homelife Galaxy

There were 11,630 sales of homes last month. This figure represents a 3.2 per cent drop from April 2016. In April 2016, there were 12,016 sales reported. Greater Toronto Area Realtors entered 33.6 per cent more new listings in Toronto Real Estate Board's MLS System last month. There w ....

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Canadian Home Sales Cool in April; New Listings Spike

2017-04-07 / by Homelife Galaxy

According to the Canadian Real Estate Association, sales of homes across the country decreased by 1.7 per cent in April from record highs in March. New listings jumped last month. According to the Canadian Real Estate Association home price index, actual sales dropped 7.5 per cent last ....

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Vancouver Housing Market is Rebounding From Tax Impact, with Prices Up 5% in Three Months

2017-04-06 / by Homelife Galaxy

Last week, Vancouver realtors reported that there was a huge swing in demand for townhouses and condo units in the City during the month of April. It appears that the prices of homes have rebounded from the effect of a foreign buyer tax that was introduced in August 2016. Accordi ....

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Monthly Resale Housing Market Figures - March 2017

2017-03-25 / by Homelife Galaxy

Toronto Real Estate Board President Larry Cerqua stated that there were 12,077 residential sales reported by GTA realtors through Toronto Real Estate Board's MLS system during the month of March. This figure represents a 17.7 per cent increase in comparison to March 2016. In March 2016 ....

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March Home Sales Hit Record High: CREA

2017-03-23 / by Homelife Galaxy

According to the latest statistics from the Canadian Real Estate Association (CREA), sales of homes through its Multiple Listings Service system jumped by 1.1 per cent last month to the previous monthly record set back in April 2016. The national average price for homes sold last ....

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Vancouver is Home to Seven of Canada's Most-expensive Listings

2017-03-23 / by Homelife Galaxy

Seven of Canada's priciest homes are listed in Vancouver. However, the home at the number on spot is a three for one deal. Making it on the top spot of the list is the beautiful home located at 1238 Tecumseh Ave has five bedrooms and four washrooms. It is a 10,053 square foot hom ....

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The Greater Toronto Area's Top Neighbourhoods

2017-03-17 / by Homelife Galaxy

Here are the top 25 neighbourhoods in Toronto according to Maclean's Magazine rankings. 1. North Richvale in Richmond Hill Average Price: $954,500 2. Cornell in Markham Average Price: $695,700 3. Crosby in Richmond Hill Average Price: $1,036,400 ....

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