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6 days ago |
torontosun.com | Benjy Katchen
While homes in the Greater Toronto Area aren’t exactly selling at lightning speed these days, certain types of homes are selling much quicker than others. According to recent analysis by digital real estate platform Wahi, homebuyers in the GTA are showing a clear preference for three-bedroom single-family homes, which are selling faster than other property types.
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1 month ago |
torontosun.com | Benjy Katchen
With the winter months (technically) behind us, many sellers in the Greater Toronto Area will be preparing their homes to sell in what is typically one of the busiest times for real estate — springtime. There’s no denying that seasonality plays a big role in how fast or slow homes sell in Canada.
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2 months ago |
msn.com | Benjy Katchen
Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.
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2 months ago |
torontosun.com | Benjy Katchen
The 2024 Greater Toronto Area (GTA) housing market was yet another year of ups and downs for buyers and sellers. Market conditions varied across housing types as many would-be buyers remained on the sidelines waiting for further rate cuts.
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2 months ago |
durhampost.ca | Amen Chand |Benjy Katchen
Despite affordability challenges, many Canadian homebuyers would prefer to buy a single-family home over a condo. In fact, a 2024 survey of Canadian homebuyers conducted by digital real estate platform Wahi revealed that most buyers (64 per cent) would rather own a house – especially younger homebuyers. The company’s latest report reveals where you can potentially get a better deal on a house right now in the Greater Toronto Area if your budget is below $1,000,000.
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2 months ago |
durhampost.ca | Amen Chand |Benjy Katchen
While bidding competition on homes in the Greater Toronto Area remained low in January, Durham Region saw an increase in the number of neighbourhoods with homes selling above list price from the previous month. In January, 22 per cent of Durham Region neighbourhoods were in overbidding territory, up from 11 per cent in December 2024. An additional 8 per cent were selling at asking, up from 3 per cent, while 70 per cent were selling under-asking, down from 86 per cent the previous month.
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Jan 16, 2025 |
renxhomes.ca | Tyler Choi |Benjy Katchen |Brian Dorr
A frustrating home buying and selling experience has evolved into online brokerage Zown Canada, which its founder says was created to return more money to buyers for their down payments and lower the threshold for acquiring a residence. CEO Rishard Rameez, who founded Zown (pronounced “zone”) in 2021, set out to simplify the process of buying and selling a home and cut commission fees through the use of technology.
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Jan 16, 2025 |
durhampost.ca | Amen Chand |Benjy Katchen
As the number of Greater Toronto Area neighbourhoods in underbidding territory continued to increase in December, Durham Region saw a similar trend, with more neighbourhoods seeing homes selling below list price from the previous month. In December, only 11 per cent of Durham Region neighbourhoods were in overbidding territory, down from 15 per cent in November.
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Jan 13, 2025 |
renxhomes.ca | Tyler Choi |Benjy Katchen |Don Wilcox |Brian Dorr
An artificial intelligence (AI) platform created by Oakville, Ont.-based Mod Realty is designed to provide guidance for real estate agents and micro-coaching for self-discovery, addressing both the professional and the personal aspects of the business. For a monthly subscription fee, users can ask a voiced digital coach named Rudy on Mod Mentor Ai for tips such as how to convert a lead, or receive wellness advice with a motivational, positive tone.
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Jan 9, 2025 |
renxhomes.ca | Tyler Choi |Benjy Katchen |Barbara Lawlor |Neil Sharma
A deflating, bubble-like Toronto condo market spells more bad news for investors and developers as prices for unsold units are projected to continue to slide in 2025, according to data from Bullpen Research & Consulting. Research by the Toronto-based firm found the average asking price per square foot for a new, unsold condo fell to $1,524 in Q4 2024, a 10 per cent decline from a three-year peak of $1,689 in Q3 2022.