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Gerry’s Blog

How Long Does It Take to Build a House?

Let’s face it: Building a home is an expensive endeavour. In some Canadian housing markets, the cost can be as high as $1,000 per square foot, while in other locations, it could be a few hundred dollars a square foot. Elevated homebuilding costs have been well documented in the current above-trend inflation environment. But what…

Downsizing Without Compromise

Moving from a larger home to a smaller house or condo presents a unique opportunity to reimagine your living space and lifestyle. Determining what you are willing to compromise on and what remains essential is important. Prioritize your comfort by setting clear criteria for your new home. You can consider the option of moving to…

Fall Real Estate Market Myths

Don’t get swept up among the leaves and the myths of the fall real estate market. If you’re thinking about listing your home for sale, we dispel some common misconceptions, and share some helpful tips to help turn that “For Sale” sign to “Sold.” Curb appeal doesn’t matter in the fall real estate market. False!…

Community Living: Exploring the Advantages of Downsizing to a Retirement Village

Retirement should be a time of relaxation and enjoyment, yet for many seniors, certain worries and stresses can make it difficult. While many seniors might prefer to stay in their own homes, the reality of maintaining a household—handling chores and managing self-care—can become too much. Retirement communities offer various types of accommodation, services, and amenities…

Demand Fuels Momentum for East End Toronto Detached Homes

Sales of Toronto detached homes in the east end remained tight in the first six months of the year, with local communities characterized by low inventory levels and high sales-to-list price ratios, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Steve Tabrizi, owner of RE/MAX Hallmark, reports that strong demand has fuelled…

Value of Vancouver Detached Homes Buoyed by Supply Shortage

Median values for detached housing in the Vancouver real estate market were buoyed by supply shortages at affordable price points in the first half of 2024, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Elizabeth McQueen of RE/MAX Select Properties, based in Vancouver, reports that sales of Vancouver detached homes fell just…

Detached Supply Improves and Prices Moderate in York Region Housing Market

While affordability continues to be a monumental challenge for first-time buyers in the York Region housing market, existing homeowners with equity are cautiously entering the market, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada. Cam Forbes of RE/MAX Realtron Realty reports that opportunities exist throughout the region at present, with the most…

Toronto Housing Market Expected to Remain Stable as Demand Builds

Central communities in the Toronto housing market are smaller, more established, and typically undersupplied in terms of listing inventory, unlike their counterparts in the 905-area code – with some Central communities registering single digits when it comes to detached listings. This, according to the 2024 Hot Pocket Communities Report by RE/MAX Canada, which examined detached…