The gap between the listing price and sale price has significantly narrowed, as depicted in the graph. This graph illustrates a comparison of the price versus the listing gap over the past two years. Two years ago, bidding wars were common, resulting in a larger disparity between the listing price and the sale price. However, …

Real estate prices across most of the GTA have tumbled since the Bank of Canada began raising interest rates in early 2022. The real estate landscape in the Greater Toronto Area (GTA) has undergone a seismic shift since the onset of 2022. The catalyst? The Bank of Canada’s (BoC) decision to raise its benchmark interest …

The situation described here , where homeowners are defaulting on their mortgages and leading to an increase in power of sale cases, indicates potential challenges in Toronto’s housing market. Several trends may contribute to this concerning scenario: The presence of “power of sale” signs alongside traditional “for sale” signs indicates that lenders are taking steps …

Smart technology can be used to upgrade your home security. You can install motion sensors, video cameras, and smart locks to monitor your home and alert you of any suspicious activity. You can also set up automated lights and doorbells to deter intruders. With smart technology, you can rest assured that your home is safe and secure.

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