Category: Uncategorized
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Toronto Housing Market Faces Decline As Prices Hit New High
Greater Toronto area home sales declined for the fourth consecutive month in May, with prices increasing slightly. New listings rose, but year-over-year figures show a significant drop in sales and prices. The Bank of Canada's high rates are impacting buyer affordability, with potential rate cuts expected to improve the situation. Continue to full article
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Toronto Vacant Home Tax: Relief and Resolution | MrHunter.ca
Tens of thousands of Toronto residents are facing vacant home tax bills despite their properties being occupied.Several residents express a desire for clearer communication from the city regarding the declaration deadline.
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Toronto Vacant Home Tax Rollout Issues | MrHunter.ca
The vacant home tax, initiated in late 2021, aims at unoccupied properties, prompting owners to sell or rent; declarations were required before a set deadline. Administration issues with the program emerged in early 2024, prompting an extension of the declaration deadline from February.
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How Does AI Streamline Tasks for Real Estate Agents? | MrHunter.ca
AI-powered tools can analyze data to predict market trends, identify property valuations, and suggest optimal times to buy or sell.AI and automation enhance efficiency by automating tasks and personalizing client experiences based on data analysis.
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Happy Father’s Day | MrHunter.ca
Approximately 2.5 billion Father's Day cards are sent each year. Neckties have become a popular traditional gift for Father's Day. "World's Greatest Dad" is a popular Father's Day phrase. Breakfast in bed is a common Father's Day treat. Wishing a fantastic Father's Day to all the dads who strive to be the best versions of…
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Toronto home sales ease but prices are still marching on
Toronto's housing market saw a decrease in sales but prices continued to rise. New listings increased significantly, with the average selling price going up slightly. The recreational housing market in Canada is expected to experience strong price appreciation in the coming years, with a shift towards younger buyers. Continue to full article
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Toronto: Biggest Jump in Required Homebuyer’s Income | MrHunter.ca
The annual income required to secure and carry a mortgage has climbed another $3,400 MoM. Required income: – Mid-Q1: $214,100 – Late-Q1: $217,500
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Toronto Exploring School Land Sales to Address Housing Crisis | MrHunter.ca
Toronto faces a housing affordability crisis and needs more land to build affordable housing units. The Mayor proposes using surplus school land for affordable housing projects.
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MrHunter.ca | The Average Toronto Home Will Cost $2M by 2034
Toronto homes to hit an avg of $2M by 2034, with ↑ 5.6% yearly. MLS Home Price Index shows ↑ 0.3% in Late-Q1 2024, with an avg selling price of $1,121,615.
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City Of Toronto Market Update | MrHunter.ca