Laura Cone Real Estate Royal Lepage Signature Realty

"Happy Mother's Day to all the amazing moms! Your love turns every house into a home. Wishing you a day filled with joy and cherished moments. 💖🏡

Wishing all who celebrate a joyous Passover filled with love, peace, and cherished moments with family and friends!

May this special time bring blessings of freedom, renewal, and unity to all.

Wishing you a wonderful Easter surrounded by blessings and happiness. May your day be filled with joy, laughter, and the warmth of loved ones.

Open House Alert!!!

360 Neal Dr. Richmond Hill
Saturday Feb 10, 2024
and
2-4pm Sunday Feb 11, 2024 2-4pm

See you there!

Check out this charming detached home in Richmond Hill! Bright and welcoming with hardwood floors, renovated kitchen & bathroom, and a spacious primary bedroom with his-and-hers closets. Step out from the kitchen to the backyard deck, perfect for relaxing or entertaining. The fully finished basement offers a cozy rec room with a wood-burning fireplace, in-law suite, and 3-piece bathroom. Situated across from Skopit Park and close to schools, shopping, GO train, highways, and transit. Whether you're a first-time buyer, growing family, or investor, this home has it all. Welcome to 360 Neal Dr – your new home sweet home! 🏡
$1,448,000

https://www.winsold.com/tour/328285/branded/7955

I hope everyone has been enjoying the above average temperatures this winter. 2024 has kicked off and purchasers have begun to re-enter the residential real estate market due to lower borrowing costs associated with fixed mortgage rates.

Resulting tighter market conditions when compared to the same period a year earlier, potentially points toward renewed price growth as we move into the spring market.

There were 4,223 sales in January, an increase of 37% compared to January 2023. The number of active listings was also up 8.5%. Stronger sales growth relative to listings suggests buyers are experiencing a tighter market compared to a year ago. The average selling price was down by one per cent year-over-year to $1,026,703.

Jason Mercer, the Toronto Regional Real Estate Boards Chief Market Analyst stated that once the Bank of Canada actually starts cutting its policy rate, likely in the second half of 2024, to expect home sales to pick up even further that what we are seeing at the moment. There will be more competition between buyers in 2024 as demand picks up and the supply of listings remains limited.

The sentiment across the residential real estate industry is that inventory of available homes for sale continues to remain low, currently under two and a half months. As a growing province and growing city we are in constant need of new housing. Without new inventory of homes, prices and rents will continue to rise at an unhealthy pace.

Happy to assist with all your real estate needs, please never hesitate to reach out to me and I look forward to connecting with you soon.

📲 416-436-6803

360 Neal Dr. Richmond Hill
Saturday Jan 27 2-4pm
Sunday Jan 28 2-4pm

Listen up landlords! Evicting a tenant isn't as easy as changing the locks, as a matter of fact, that act alone is illegal.

Reach out today to learn more!

The Bank of Canada is kicking off the year with their first interest rate announcement scheduled for January 24.

After three consecutive rate holds, buyers are anxiously awaiting the upcoming announcement.

How should this affect your home buying strategy? Reach out today for more information!

OPEN HOUSE

360 Neal Dr. Richmond Hill
Saturday Jan 20 1-4pm
Sunday Jan 21 2-4pm

Here is your opportunity to view this lovey home this weekend!

📣📣📣 NEW LISTING 📣📣📣📣

📍360 Neal Dr. Richmond Hill
🏠 Detached Raised Bungalow
🌳 Premium corner lot looking over park
🛏️ 3 Bedroom
🌷 Beautiful landscaped garden
$ 1,448,000

Check out this sun filled home in the heart of Richmond Hill

https://www.winsold.com/tour/328285/branded/7955

Cheers to to the challenges faced, the lessons learned, and the memories made throughout this past year.

Thank you to my supportive clients, friends and family for making 2023 a year to remember, and cheers to a healthy, happy, and successful year ahead!

Wishing you all a safe and fun-filled New Year’s Eve!

Wishing you a very Merry Christmas filled with love, laughter and festive cheer!

The Bank of Canada's policy rate remains at 5% as of their latest announcement.Buyers are expected to reenter the market as many waited to see what the Bank decided before pursuing their next home.The next scheduled overnight rate target announcement will be October 25th, stay tuned for that update!

295 Taylor Mills Dr. N.

Congratulations to my Seller!

Sold in 6 days over asking! Looking for results like this in a changing market? Give me a call!

📣📣📣 Open House Alert 📣📣📣

295 Taylor Mills Rd N
Sat and Sunday July 15 & 16
2:00 - 4:00pm

Please join me this weekend!

📍295 Taylor Mills Rd N Richmond Hill
🏠 Bungalow Semi
🛏️ 3 Bedroom
💰 Seperate entrance to 2 Bedroom In-Law Suite
🌳 Fully landscaped Private backyard

Happy Canada Day!

Coming Soon to MLS! This stunning 3+2 bedroom semi in Richmond Hill!
Call me today for more information or to get a sneak peak before it goes live!

Condo sales outpaced all other housing types in May!

Keep scrolling to see which areas of the GTA saw the most condo sales and discover what to expect for prices and supply.

Happy Mother’s Day 💐

Wishing you lots of hope, love, and joy this Easter!

Wishing you a meaningful Passover celebration!

Take at look at this fabulous pop up event at the Matchedash Lofts tomorrow hosted by Alexis Victor. Stop in and see these amazing units!

MATCHEDASH POP UP EVENT | MARCH 4 Don't miss this unique collaboration at THE MATCHEDASH LOFTS this Saturday, March 4th from 10:30AM - 4PM with Alex Jackson (Jackson Realty), Kate Dasilva (KateDasilvaArt), Jennifer Borges (L'Atelier North) and Alexis Victor (Royal LePage Signature).  Join us for an afternoon with the latest fashio...

The New Year has begun and if you can believe it we are already through the first month of 2023.

The residential real estate market in the Greater Toronto Area acted as expected with sales volume and average selling price in January being very similar to December's averages. When comparing January 2023 over January 2022, with the impact of higher borrowing costs over the last year, prices and volumes are down considerably,

With the recent Bank of Canada announcement of a rate hike of one quarter of a basis point and stating that they would be putting a hold on future raises for the time being, buyers will be prompted to step into the market due to a more consistent interest rate environment. Population growth and a tight job market will further continue to support housing demand.

Demand for housing continues to remain strong as active listings continue to be well below seasonal levels. There are currently less than 10,000 homes of all types available across the GTA, leaving the region with only three months of inventory. If the Toronto Regional Real Estate Board did not register another listing we would be sold out of product in just three months. Three months is still considered a sellers market and even with the headlines reporting a slower market, homes continue to sell quickly and in some cases with multiple bids.

The new construction market has begun to pick up as labour, supply chain and material costs adjust back to more normal levels. With developer costs slowly coming down and partnered with aggressive selling promotions the educated and experienced buyer/investor are taking advantage of today's current market conditions, knowing that many of these promotional opportunities will not last forever.

If you have any questions about the real estate market or would like more information on how to navigate today's market conditions please do not hesitate to reach out to me.

All the very best....

Another increase has been announced by The Bank of Canada, bringing up the policy interest rate to 4.5%. Canadians are certainly still feeling the the pressure that comes with high levels of inflation, however we have observed a nearly 2% decrease in inflation since June of 2022, so residents can rest assured things are stabilizing.

What do all of these numbers mean for you? I’m happy to further breakdown the latest update from BOC with you, reach out today for more information