Mindblown: a blog about philosophy.
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MrHunter.ca | Toronto’s Late-Q1 Sales Dip, Prices Rise Despite Lower Demand
Home sales in Greater Toronto ↓ 4.5% in March yearly, totaling 6,560 sales. Despite lower sales, the avg selling price of homes ↑ 1.3% yearly to $1.12M.
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Toronto Real Estate Inventory Soars, One of The Weakest Months Ever
Greater Toronto real estate prices saw a significant increase in April, with the benchmark price rising by 1.3%. However, this rise was not due to a strong market, as home sales were weak and new listings surged by almost 50%. Despite the monthly increase, annual growth was lower than the previous year. Continue to full…
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Toronto’s vacant home tax to continue with major revisions
Toronto's vacant home tax will continue despite opposition from five councillors, but changes are planned for the 2024 taxation year. Mayor Olivia Chow acknowledged the program's flaws and promised improvements. Late fees will be waived for those who missed the occupancy declaration deadline, and refunds will be issued. The overhaul aims to make the reporting…
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MrHunter.ca | Revolutionizing Condo Living: Quality Over Quantity
Toronto is a highly desirable place to live, with a pressing need for sustainable housing, especially condos. Yet, a research reveals dissatisfaction with Toronto condos regarding quality, architecture, and livability.
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MrHunter.ca | Toronto Luxury Home Sales See Double-Digit Growth
Luxury property sales are thriving in Toronto and across Canada, despite struggles with the high cost of living for many residents.In the GTA, there has been a significant increase yearly in the sale of houses priced over $3M.
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MrHunter.ca | Buyer’s Agent vs. Listing Agent: Key Differences
Legal Obligations: Buyer’s agents assist buyers, while listing agents represent home sellers, each with fiduciary duties.Representation Advantage: Buyers benefit from an agent dedicated to protecting their interests throughout the transaction process.
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MrHunter.ca | Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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Toronto on the Verge of Becoming North America’s Most Expensive City
Toronto is on track to potentially become the most expensive city in North America, surpassing major urban centers like New York and Vancouver. Rising housing prices and inflationary pressures are making homeownership unattainable for many residents. Efforts are being made to address housing affordability and inflation through increasing housing supply and implementing regulatory measures. Continue…
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MrHunter.ca | Starting a Bidding War? Tips for Toronto Sellers
Sellers are advised to carefully consider their circumstances and goals before opting for this tactic. Listing low might be suitable for sellers seeking a quick sale but may not be ideal for those prioritizing certainty.
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New condo sales in the Toronto area hit low not seen since financial crisis
New condo sales in the Toronto region have dropped to the lowest level since 2009 due to high interest rates and affordability issues. Sales are down 71% compared to the 10-year average, with prices continuing to rise despite the decrease in sales. Many projects have been put on hold, and incentives are being offered to…
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