Latest Blogs

Vancouver’s Housing Market Third Most Expensive in the World: Survey

2017-02-16 / by Homelife Galaxy

The 2017 Demographia International Housing Affordability ranked Vancouver as the third least affordable housing market in the world. The survey gave the city a rating of 11.8 which meant the median prices of homes are 11.8 times more than the median household income.The 13th ....

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Central Hamilton Now One of Ontario’s Trend-Setting Real Estate Markets

2017-02-15 / by Homelife Galaxy

Housing demand has increased in Central Hamilton, making it one of Ontario's most intense hot spots for real estate.According to it's year-end sales update which was released on Monday, February 6th, the prices of homes in the region increased by 129.5 per cent in 2016 from 2 ....

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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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