Amanda Biscaro, Sales Representative, Royal LePage Signature Realty

🔴Ask the right questions, uncover the hidden details, and make an informed decision on your dream home!

Don’t navigate the house-hunting journey alone! Reach out for expert guidance and personalized assistance.

🔴 Update for Property Sellers!

Whether you’re a homeowner or an investor, understanding the latest changes to capital gains tax can help you make smarter financial decisions.

Swipe through to see how these updates might affect your next sale.

Reach out today for personalized real estate advice.

The deadline to declare your 2023 occupancy status is quickly approaching!

The Vacant Home Tax aims to boost housing availability by incentivizing property owners to occupy their residential properties. Those who opt to leave their properties vacant will face taxation.

Reach out for more information!

Governing Council announced their decision to maintain the policy rate as monetary policy continues to moderate spending and relieve price pressures.

What does this mean for you? Reach out today.

Let’s talk Evictions - For all my landlords

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!

Let’s talk Evictions - for all my landlords

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 intention of the Vacant Home Tax is to increase supply by discouraging Toronto homeowners from leaving their residential property unoccupied.

The deadline to declare occupancy status for 2023 is February 29, 2024.

Reach out today to learn more!

The truth is that the right time to sell is different for everybody. Let’s connect today if you’re curious to know about what opportunities this market holds for you.

The decrease in prices throughout 2023 was marginal in the context of the 45% increase in prices during the
preceding three-year period.

Additionally, this drop can be attributed to the structural undersupply of housing paired with record amounts of population growth throughout the GTA.

How does this information affect your housing situation? Reach out for more details!

The 2023 Greater Toronto Area housing market ended on a positive note, as demand improved throughout the market.

Boasting the first annual increase in activity since July, December recorded 3,444 total sales.

For 2023 as a whole, the GTA recorded just 65,982 sales, the lowest level in 23 years.

Follow for more updates!

In December, condo apartment prices declined by just over 3% year-over-year.

Since 2021, condos have outperformed detached homes and semis/rows/townhomes, recording milder decreases in activity.

Curious to know what this information means for you? Reach out today!

Make 2024 the year you stop waiting for success and start creating it!

If you’re ready to conquer the real estate market, reach out today.

#2024

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

Wishing you all a safe and Happy Hanukkah!

🔴Market Update

Winter is upon us with the holidays and the New Year fast approaching. This will be my final monthly residential real estate update before my year end review in early 2024.

This past November saw 4,236 sales, a 6% decline compared to November 2022. Sales were down on a year-over-year basis, while listings were up 40.7% from last year’s limited supply. With more choice in the market, the average selling price remained flat at $1,082,179 in comparison to November 2022.

Inflation and elevated borrowing costs has affected housing affordability. However, it does appear relief is on the horizon, an increasing number of economic forecasters are anticipating Bank of Canada rate cuts could come as early as the first half of 2024. Lower rates will help alleviate affordability issues for existing homeowners and those looking to enter the market.

The Toronto Regional Real Estate Board’s Chief Market Analyst Jason Mercer has stated that prices have adjusted down from their peak and is providing some relief for buyers. However, Jason is predicting a renewed growth in home prices as mortgage rates begin to trend lower in 2024 and as our population continues to grow at a record pace.

Anytime there is a shift or change in a market opportunities present themselves. Whether you are a buyer, seller, investor or simply waiting to see what happens, it is important to stay engaged and educated on current real estate market conditions. As soon as you step away an opportunity could be missed. I am here to help navigate and address any real estate questions you have.

Have a fantastic holiday season and I look forward to connecting with you soon.

The GTA is surely never short on stuff to do, but if you’re looking for some fun this winter, add these activities to your schedule!

Looking for more local insight? Reach out today!

Wishing you a great Halloween and a fantastic fall

Caption:

Governing Council announced their decision to maintain the policy rate as monetary policy continues to moderate spending and relieve price pressures.

The next overnight lending rate target announcement will come on December 6, 2023, followed by the Bank’s full outlook for the economy and inflation in January.

What is your favourite 2023 Fall home trend?

Comment below what styles you're seeing this season and follow for more real estate content.

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!

🔴Breaking up with your Landlord

Are you ready to lose your landlord and look for a place to call your own? I'm here to help!

Reach out today to start your home buying journey!

Investing in Real Estate

There are plenty of factors to consider when choosing the right investment property.

If you're curious to know what opportunities are available for you, connect with me today!

Mortgage Rate Update

Don’t be intimidated by the BOC rate hikes, you just need someone you can trust to guide you through Canada’s current mortgage rate environment!

Let’s connect today so that you can feel confident heading into your next chapter.

Did you know that our Signature Pre-Construction Department has the inside scoop on projects coming up all throughout the GTA?

Whether you're interested in condo communities, detached homes, or townhouses, we've got you covered!

Hello,
I hope you are doing well and finding some time to enjoy these very warm summer days. The Residential real estate market has continued to pick up with prices in the GTA up almost 14% since January of this year.

The demand for housing continues to remain strong, despite higher borrowing costs. Home sales and prices in June did come down slightly compared to May(last month) due to the uncertainty surrounding the Bank of Canada’s outlook on inflation and interest rates. The persistent lack of inventory has assisted in maintaining price growth and stabilization.

The Toronto Regional Real Estate Board reported 7,481 sales through June 2023, up 16.5 per cent compared to June 2022 with the number of listings down by three per cent over the same period. The year-over-year increase in sales coupled with the decrease in new listings means market conditions were tighter this June relative to the same period last year. The average selling price was up by 3.2 per cent to $1,182,120.

There is still a lag in the development of new housing , the pace in not sufficient to make up for the current lack of supply and to keep up with record population growth. Leaders at all levels of government, including the new mayor-elect of Toronto, have committed to rectifying the housing supply issue. Developers have put their best foot forward when it comes to incentives to attract buyers and investors to purchase their projects. Please never hesitate to contact me with any questions about investing in real estate and growing your real estate portfolio.

I look forward to connecting with you soon.

The Bank of Canada continues with their quantitative tightening strategy as they announce the latest policy rate increase of 25 basis points.Canada's economy saw an impressive 3.1% GDP growth in the first quarter of the year and consumer demand remains strong in our marketplace. This increased activity has led to the highest rates in over 20 years!If you want to know what the latest announcement means for your situation, reach out to our team today!

Demand was high in April and expected to keep rising.

Keep swiping to learn why and see which price segment experienced a 34% spike in activity compared to March.

It’s a seller’s market! Keep scrolling to discover why now is the sweet spot if you’re looking to put your home up for sale.

Reach out if you think now might be the right time for you to sell. We’ll get you the best price!

Prices rose for the third month in a row this April which is good news for sellers!

Reach out to explore what you could get for your home.