Brenda and Alessandra - Real Estate Team

June Market Stats are in!

Higher interest rates and the rising cost of living continue to impact the housing market. June inventory levels trended up over last month and were 54 per cent higher than 2023’s levels and well above long-term trends for the month. Higher inventory levels also impacted the overall price index when comparing average sale price to May 2024.

Markets are indicating that now may be a good time to buy!

Congrats to our Sellers, here’s to the next amazing chapter 🏡

More than a quarter of Canadian renters have their sights set on home ownership in the near future .
Are you thinking of buying soon? Let’s chat... DM US TODAY.

According to Royal LePage’s newly-released 2024 Canadian Renters Report, 27% of Canadians who currently rent their home say they plan to purchase a property in the next two years. Among those aged 18 to 34, that figure jumps to 40%.

We have helped many first time home buyers, and would like to help you!

Read Blog 👉 https://blog.royallepage.ca/despite-affordability-challenges-a-quarter-of-canadian-renters-plan-to-get-a-foot-on-the-property-ladder-in-the-next-two-years/

Congrats to our Sellers!! 🏡

From our families to yours, wishing y’all a Happy Canada Day! 🇨🇦

⭐️ FEATURE LISTING ⭐️

DETACHED
$ 949,888.00
3 BED / 2 BATH
1724 sq/feet

Welcome to 32 Braedheid Av. in Waterdown! Bright and sunny spacious detached home ideally located in family friendly neighborhood. Across street from school. Walk to YMCA, library, Community Ctr, parks, trails and shopping. Short drive to Go train and major hwys. Many upgrades and improvements including roof 2022 with solar tubes, fridge, washer and dryer 2023, newer flooring on family room level , newer carpet on bedroom level. Gas BBQ hook up. Mature landscaped yard.

DM us today to book your viewing!!

Link to virtual tour https://www.myvisuallistings.com/cvtnb/346617

What a great way to start the long weekend early!
Congrats to our amazing Buyers!

Congrats to our Sellers!

Its a good day 👏🏻

⭐️ FEATURE LISTING ⭐️

CONDO 
$ 729,900
2 BED / 2 BATH / 1 PARKING / 1 LOCKER
900 sq/feet

Highly desirable Rosehaven “Affinity” conveniently located in trendy Aldershot close to restaurants, shops, public transportation and GO Station. 900 sq ft, 2 bedroom 2 bathroom , Open concept Great Room, customized kitchen, Stainless Stove, Fridge , microwave, over counter lighting, centre island, extra built-in pantry & Corian countertops. Graciously finished with all the right touches. Very friendly professional building with executive level features in lobby & lounge. Amenities include rooftop furnished terrace 2 BBQ’s & Fireplace, Yoga, billiards, party room & professional gym. Tres Chic for today’s young professionals with a busy lifestyle and active retiree’s. Pet friendly with limitations.. Lots of Visitor parking. electric car charger. Large locker on same floor as unit.

DM us today to book your viewing

MAY MARKET STATS - Real Estate Market

This past month we saw a decline in sales accompanied by an increase in new listings. Although new listings showed improvement across various price brackets, the most significant increase was seen in homes priced above $1,000,000.
The collective effect of reduced sales and heightened new listings led to a notable increase in inventory levels compared to May of the previous year, and the highest May level reported since 2018.
Whether you’re buying, selling, renting, or investing, staying informed is key. Scroll through for a snapshot of the latest real estate market stats for Burlington and Hamilton.

Looking for more? Have a question or ready to make a move?

Let’s chat... we are always here to help.

Happy Monday 🙌

⭐️ JUST LISTED ⭐️

210 Greenbriar Rd, Ancaster

3 Bed / 4 Bath
Detached
$1,450,000

Stunning 2 storey meticulously maintained spacious home nestled on a quiet beautiful tree lined dead end street minutes to Hamilton Golf and Country Club and Downtown Ancaster in desirable Harmony Hall of Ancaster. Approx 2500 sqft complimented by large principles rooms through out. Upper level has extra large bedrooms and two full bathrooms. Modern complete main floor reno 2023 with new wide plank engineered hardwood floors through out office, liv/din, great room and kitchen, designer kitchen and main floor laundry with high end appliances, lower level is completely finished with large Rec room, games room, full bathroom, gym, wine cellar and extra-large storage. Double car garage with parking for 6 on a professionally extra large, landscaped lot complimented by a 36 ft x 18 ft deck. New shingles 2023, A/C and Furnace 2020. Just move in to enjoy this impeccable home and quality lifestyle

DM us today to book your appointment.

More info 👉 https://www.myvisuallistings.com/mobile-nb/347869

👏🏻The Bank of Canada reduced its target for the overnight lending rate today by 25 basis points to 4.75%. The long-awaited move comes after 11 months of rate holds, and marks the first time in more than four years that the key lending rate has been cut.

“Our research indicates that half of sidelined homebuyers in Canada plan to resume their home search plans once the bank rate begins to drop. This will no doubt spark activity and put upward pressure on home prices in the second half of the year,” said Phil Soper, president and CEO of Royal LePage. 🏠

🔗 Learn more by tapping the link below!
https://blog.royallepage.ca/bank-of-canada-update/

The BoC's next interest rate announcement is set for July 24th.

MOST AFFORDABLE PLACES TO LIVE IN CANADA!

We have great partnerships and work closely with many realtors across the country, and we are always here to help.
Desire for lower living costs, closeness to nature, have urban dwellers considering relocation to a more affordable Canadian city.
Contact us today if you're considering a move.

Higher living costs, coupled with rising home prices and elevated interest rates, present a challenge for those trying to buy a home in Canada’s largest and most expensive urban communities. For some homebuyer hopefuls living in the country’s greater regions, relocation to a smaller but less expensive city offers not just the benefits of more attainable real estate, but also a lifestyle change.

According to a recent Royal LePage survey of Canadians living in the greater regions of Toronto, Montreal and Vancouver, conducted by Hill & Knowlton,1 half of respondents (50%) say they would consider buying a property in one of Canada’s most affordable Canadian cities, if they were able to find a job or work remotely. Among renters in these regions, 60% say they’d be willing to relocate, while 45% of current homeowners say they would consider it.

Full Read Here 👉 https://blog.royallepage.ca/desire-for-lower-living-costs-closeness-to-nature-have-urban-dwellers-considering-relocation-to-a-more-affordable-canadian-city/

DOWNTOWN LIVING IN A EXCLUSIVE QUIET COMPLEX

TOWNHOUSE
3 BED / 4 BATH / 3 PARKING
2495 SQ/FEET
$ 1,899,000

Executive luxury townhome located in the heart of Downtown Burlington. You will be amazed by the Attention to detail & quality lifestyle in this 5 level home, equipped with an elevator that accesses every level. Each level creates a space that will be enjoyed from the lower lever media room/gym & Guest suite with complimenting 4pc washroom. The main entrance has a spacious office & 2 piece washroom allowing a comfortable working from home lifestyle that also creates private access from rest of living space to your clients if required. The main living area is an open concept with large dinning area open to gourmet kitchen, 14' island flowing into to Great room with gas fireplace & walk out to terrace. The open-concept plan makes entertaining a breeze. The 2nd level has the primary bedroom with wall-to-wall closets, sliding glass doors to a Juliette balcony & a 5pc ensuite bath & walk-in closet. The 2nd bedroom on this level has its own 3pc ensuite bath & floor to ceiling window overlooking the front yard. The 3rd level features a fabulous roof-top deck with west exposure & a hidden complimenting entertaining room hidden behind a Harry Potter book shelf. Be sure when you view not to miss this hidden room that has a wet bar & fireplace. The car enthusiast will enjoy the 3 car garage with 2nd inside entry to office level. Within walking distance to Downtown Burlington's many restaurants, shops, art gallery, hospital & beautiful waterfront park & trails. Easy highway access.

More info 👉 https://www.myvisuallistings.com/mobile-nb/345563

Happy Monday

Hello Sweet June 🌈

🔥 FEATURE LISTING 🔥

CONDO
$ 729,900
2 BED / 2 BATH / 1 PARKING / 1 LOCKER
900 sq/feet

Highly desirable Rosehaven “Affinity” conveniently located in trendy Aldershot close to restaurants, shops, public transportation and GO Station. 900 sq ft, 2 bedroom 2 bathroom , Open concept Great Room, customized kitchen, Stainless Stove, Fridge , microwave, over counter lighting, centre island, extra built-in pantry & Corian countertops. Graciously finished with all the right touches. Very friendly professional building with executive level features in lobby & lounge. Amenities include rooftop furnished terrace 2 BBQ’s & Fireplace, Yoga, billiards, party room & professional gym. Tres Chic for today’s young professionals with a busy lifestyle and active retiree’s. Pet friendly with limitations.. Lots of Visitor parking. electric car charger. Large locker on same floor as unit.

DM us today for your appointment!

More Info 👉 https://www.myvisuallistings.com/mobile-nb/334186

Tip Tuesday - looking for easy ways to refresh your space… love these ideas!

Happy Monday.. wishing everyone a great week ahead.

AMAZING VALUE & OPPORTUNITY

Bright and spacious Modern open plan design that seamlessly flows into the kitchen and dining areas with updated floors,kitchen and bathroom. Offers 3 bedrooms plus a convenient bathroom. Step outside to your spacious patio and enjoy the fresh air. Located on a quiet mature treed court. This condo is perfect for any First Time Buyer or Investor. Excellent suited for those wishing to live in the Waterloo location within walking distance to parks, schools, bus routes and shopping amenities. Just minutes to Hwy 85, Wilfrid Laurier University, the University of Waterloo and Conestoga College.

DM US for more info and to book a showing.

More Info https://www.myvisuallistings.com/mobile-br/338850

JOIN US.. this SUNDAY

Bright and sunny spacious detached home ideally located in this family friendly neighborhood, right across street from the school. Walk to YMCA,library,Community Ctr, parks,trails and shopping. Short drive to Go train and Mjr hwys. Many upgrades and improvements including roof 2022 with solar tubes, Fridge,washer and dryer 2023, newer flooring on family room level , newer carpet on bedroom level. Gas BBQ hook up. Mature landscaped yard.

More info here 👉 https://www.myvisuallistings.com/mobile-br/346617

JOIN US... this SATURDAY

Highly desirable Rosehaven "Affinity" conveniently located in trendy Aldershot close to restaurants, shops, public transportation and GO Station. 900 sq ft, 2 bedroom 2 bathroom , Open concept Great Room, customized kitchen, Stainless Stove, Fridge , microwave, over counter lighting, centre island, extra built-in pantry & Corian countertops. Graciously finished with all the right touches. Very friendly professional building with executive level features in lobby & lounge. Amenities include rooftop furnished terrace 2 BBQ's & Fireplace, Yoga, billiards, party room & professional gym. Tres Chic for today's young professionals with a busy lifestyle and active retiree's. Pet friendly with limitations.. Lots of Visitor parking. electric car charger. Large locker on same floor as unit.

More info 👉 https://www.myvisuallistings.com/mobile-nb/334186

Congrats to our amazing Sellers on the quick and firm sale of their home 🏡

🌷❤️🌷

Happy Friday Everyone

April Stats are in!
While lending rates remain higher, we’re seeing the number of new listings continue to rise, along with an increase in the number of sales in both Burlington & Hamilton.
The next Bank of Canada rate announcement is Wednesday, June 5th. Will this be the first rate cut in 2024?

Thinking of buying?  Is now a good time to sell?  Let’s chat! We are always here to help.