Barb Hooley Realtor

It’s official the stats now say wheat I’ve known for a while. Rents in Toronto are above the pre pandemic high and the imbalance in the market is extreme. Be prepared with a strong application if you’re looking to rent anytime soon

Interesting times as the market changes.
transactions are down significantly as cooling rate have an impact.

RBC Economics - Canadian Housing:
• Resale activity in August was the quietest in three and a half years.
• Fewer—and more budget-constrained—active buyers in the market are taking steam out of prices.
• The national composite MLS HPI is now down 7.4% since February’s peak.
• We see that trend continuing in the near term with the Bank of Canada poised to stay in tightening mode until the end of this year.

https://thoughtleadership.rbc.com/canadian-home-buyers-feeling-the-heat-of-higher-interest-rates/?utm_medium=email&utm_source=salesforce&utm_campaign=housing&hss_meta=eyJvcmdhbml6YXRpb25faWQiOiA2MDMsICJncm91cF9pZCI6IDc2ODgyNSwgImFzc2V0X2lkIjogMTc5MzYzNCwgImdyb3VwX2NvbnRlbnRfaWQiOiAxMDM4NzkyMTUsICJncm91cF9uZXR3b3JrX2NvbnRlbnRfaWQiOiAxNjQ0MzA1NTZ9&fbclid=IwAR2-OX0xXTgvQaFGxfdP3WNmMjEUb8tMx5AaER_og7LMkQcEF4iZBo4KHhg

Eid Mubarak to all my Muslim friends

For those waiting on the sidelines waiting for a balanced market, we are getting there with a significant cooling of the housing market. Maybe it’s time to plan your move - call me if you’d like to discuss.



https://thoughtleadership.rbc.com/canadas-housing-market-in-full-blown-cooling-mode/?utm_source=facebook&utm_medium=768825&utm_content=1975056&utm_campaign=HS_CB&hss_meta=eyJvcmdhbml6YXRpb25faWQiOiA2MDMsICJncm91cF9pZCI6IDc2ODgyNSwgImFzc2V0X2lkIjogMTc5MzYzNCwgImdyb3VwX2NvbnRlbnRfaWQiOiAxMDA5NDYxMjYsICJncm91cF9uZXR3b3JrX2NvbnRlbnRfaWQiOiAxNjAyMTc1MDl9&fbclid=IwAR1is8P0ih-CdamoIjyJQ0tgLtdyJ-vQ-0KxFcJqDK0477VhT39fNUZCyy8

In Feb I noticed the real estate market showing the first signs of changing - now the reports are confirming this. More sellers as new listings across Canada rose by 24% from January, more than the 42% climb in resales meaning the market is starting to rebalance.

Signs of market rebalancing loom as home prices continue to escalate Even more sellers will need to list their properties to rebalance Canada’s housing market. - RBC Economics

Vaughan will change so much in the coming decade, with so many developments it really will be a hub. I'm glad to see development with a mix of housing, employment, and entertainment.

Massive redevelopment planned for spaceship-shaped theatre north of Toronto An enormous flying saucer has loomed next to the Highway 400 and Highway 7 interchange in Vaughan since 1999 when Famous Players opened their Colos...

Today’s hike marks the first time the Bank of Canada has increased rates since October 2018! It marks the start of a path forward on monetary policy with most commentators expecting around 4 hikes over the coming year.

Bank of Canada raises rates to 0.50%, warns of Russia uncertainty — Reuters Canada The Bank of Canada hiked interest rates for the first time since October 2018 on Wednesday and said rates would need to go higher despite increased uncertainty following Russia's invasion of Ukraine.

When it’s -13 outside you gotta rug up for those showings

Wishing everyone a very happy new year 🥳. Let’s celebrate the start of another great year ahead fireworks 💥 🎉 #2022

Things that are super popular right now:

🎃 Pumpkin-Spice
🏈 Football
👖 Cozy Clothes
🏠 New Homes

If you’ve been waiting for the right time to sell your home, your wait is OVER! Send me a DM ASAP so we can talk about maximizing your unique position in the market to get you an optimal return on investment!

Wishing all my friends and family a wonderful Christmas and celebration over the holidays #2021

A New Year - A Fresh look - With the new year upon us some of us a looking to freshen up our homes.
If you are looking to hire a designer, here are some things to keep in mind.
Even if you are not hiring a designer, it helps you think about new and unique colours, art work, materials that can help spruce up a home

How to Hire an Interior Designer | Blog | HomeKeepr When you think about the pros that are needed in and around your home, you likely think of contractors, roofers,

Looking forward to my first escape room experience

You know the market is crazy when this happens! People need to understand that new developments come with some risk. Its recommended to buy from a reputable builder, but as shown the builder has the upper hand.

Ontario condo developer suddenly cancels years-long sales deal — unless buyers pay $100K more | CBC News Dozens of people who've invested in 70 condo units in Barrie, Ont., between 2017 and 2020 have been told by Pace Developments to walk away with their deposits or buy back in for $100,000 more.

Beautiful Toronto views

A nice evening in Port Credit

What does selling your home 🏠 & sunscreen 🧴 have in common?
If someone doesn’t have your back, you’re going to get burned 😡.
As a knowledgeable & reliable agent, I protect your interests at every step and get results.
Send me a DM to learn more.

Another great listing SOLD!
Just 4 days on market, Sold Over Ask.
Know anyone wanting to sell? Contact me - you will get an agent that achieves results. Barb Hooley Realtor

Watch out if you are traveling on the Highways - you never know what you will encounter! Apparently it took 5 hours to clean up the manure on one of the hottest summer days. Lets just be thankful to the clean up crew, and the stinky situation is over.

Toronto highway covered in crap after manure truck rolls over Anyone who has been stuck in Toronto traffic knows how crappy the drive can be, but this week it was literally a sh*t-show. Toronto's busiest roadw...

The importance of knowing your local market. While is off it’s covid lows and receives lot of interest, not all areas are the same. It’s important to have an agent that can read the data and market.
☎️ calk me to know about your local market

Condo prices are tanking in Toronto's downtown party neighbourhoods They may be hot among tourists looking for Airbnbs to crash at on weekends, but Toronto residents appear to be growing less-enchanted with condos i...

Are you like me and wonder you put things? Then you may be excited to know about smart tags. Here is a blog talking about them

Smart Tags Help You Find the Missing Pieces | Blog | HomeKeepr Day to day life has a lot of moving parts. Unfortunately, this sometimes makes it a little too easy to

This week I was talking to someone about roofs! Such an important topic but one we don't give much thought. Metal roofs are a 'thing' in Australia but here they are not as common, but they look great and there are some great benefits. Check out the blog below with more information about them. Barb Hooley Realtor

Metal Roofs for Beginners | Blog | HomeKeepr Your roof is one of the most important parts of your house, as problems with your roof can end up

Keys to Winning a Bidding War:

🔑 Narrow your search
🔑 Know your highest offer
🔑 Be patient, persistent, AND prepared
🔑 Stay optimistic
🔑 Find a battle-tested agent

Send me a DM if you’re looking for a real estate expert who knows how to put your offer on top.

Its always good to know what is in your toolbox - have you taken the time to review whats in yours?

What’s In Your Toolbox? Plumb Bobs, Levels, and Squares | Blog | HomeKeepr There are a lot of tools in the world, and some of them have some very specialized uses. Sometimes these

Barb Hooley Realtor updated their address.

Not too often you see a truly unique property on the market.
💦

This ghost houseboat floating in a Toronto marina is finally up for sale After sitting vacant for about a year at a Toronto marina, a beautiful houseboat is now for sale. The modern-looking houseboat is currently at Bluf...