Latest Blogs

Windsor Real Estate Breaking Records, Realtors Say

2017-02-08 / by Homelife Galaxy

President of the Windsor-Essex County Association of Realtors, Kim Gazo, stated in a recent report that last year was a record year for the local housing market and continuous activity is expected in 2017. The report indicated that the number of new listings in the area increased by 8. ....

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Brampton Home Draws 532 Showings and 82 Offers

2017-02-08 / by Homelife Galaxy

Even veteran realtors are starting to be surprised by the intense competition between buyers in the Greater Toronto Area's hot, record-setting real estate market as they are seeing astonishing amount of interest in some properties from buyers.Recently, a property listed in Br ....

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Commercial Market Statistics - February 2017

2017-02-06 / by Homelife Galaxy

There were 271,918 square feet of commercial/retail, industrial and office space leased through Toronto Real Estate Board's MLS System in February. This figure decreased by 25 per cent in comparison to February 2016. In February 2016, there were 362,720 square feet of leased space. ....

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Limited Housing Supply in Vancouver and Toronto Will Help Maintain House Price Inflation: Report

2017-01-20 / by Homelife Galaxy

According to a new report from Oxford Economics, limited supply of homes in the key Canadian markets of Toronto and Vancouver will assist in maintaining national house price inflation this year even as recent government and regulatory changes were implemented in order to slow the growth rate. ....

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Toronto’s Hot Housing Market Spills Over to Condo Rentals

2017-01-12 / by Homelife Galaxy

According to new research, Toronto's hot housing market is spilling over to Toronto's rental market as rents reach new records as tenants fight over a shortage of rental listings.Urbanation Inc, a market research firm, released data that indicated that the average rents for c ....

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Inside A $250 Million Mansion: The Most Expensive Home Ever Listed In America

2017-01-11 / by Homelife Galaxy

A 38,000 square foot Bel-Air mansion is listed for sale. It is the most expensive home ever listed in the U.S with a price tag of $250 million. The mansion includes a complete car, a helicopter, art collection and team of seven full-time staff.The home has 12 bedrooms, 21 bat ....

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Hot Toronto housing prices spill over to nearby markets: CMHC

2017-01-10 / by Homelife Galaxy

The Canada Mortgage and Housing Corporation says that the prices of homes in Toronto, Canada's largest city, have increased disproportionately. The national housing agency stated on Tuesday that this trend is moving into surrounding communities.According to CMHC, the average ....

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Greater Toronto Area Booms with $1-Million-Plus Home Sales

2017-01-06 / by Homelife Galaxy

According to a new report released by real estate firm, Sotheby's International, Toronto is set to lead the country in high-end home sales for the third consecutive year.Throughout the Greater Toronto Area, 19,692 properties worth $1 million or higher sold last year. This num ....

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