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Rashida's Corner | 2020 Market Update | 2021 RD Forecast | Another Record Breaking Year for GTA!

Friday Jan 8th, 2021

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Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported over 95,000 home sales in 2020 – the third-best result on record. The average selling price reached a new record of almost $930,000. “The Greater Toronto Area housing market followed an unfamiliar path in 2020. Following the steep COVID-induced drop-off in demand during the spring, home sales roared... [read more]

A record month for the GTA!

Thursday Oct 8th, 2020

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A record month for the GTA! 11,083 homes sold in September, 42.3 % more than a year ago. As of the end of September, despite Covid,  sales were up 1% compared to the same period last year. Proof of the desire for home ownership in Toronto! Here are two factors that brought many more buyers into the marketplace. The Canadian government gave out 53 billion dollars in aid to Canadians, while at the same time Canadians  lost 23 billion dollars in wages. That difference resulted in an... [read more]

ANOTHER RECORD SETTING AUGUST 2020!

Saturday Sep 5th, 2020

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  As we enter the fall season, a historically strong period in the market, be sure to contact me to discuss your Real Estate Options.  My Monthly Commentary follows below...   "A new monthly sales record has been achieved for the second month in a row!" as the sales figures for August came in at a total of 10,775 reported sales. Looking at pricing by category, average prices were up across the board. Detached homes ($1,172,880) showed the... [read more]

RECORD SETTING JULY 2020!

Friday Aug 7th, 2020

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RECORD SETTING JULY It was a RECORD BREAKING MONTH!  The Sales figures for July were just released and a new monthly sales record has been established.  A total of 11,081 transactions were reported sold in the month of July representing a 29.5% increase over July 2019 and a 27.4% increase from June.  Historically, we would experience a dip in the summer months but with COVID-19 impacting vacation plans, we are seeing the results of pent up demand from the market downturn... [read more]

Ferocious Competition Among Home Buyers in 2020!

Monday Feb 10th, 2020

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The first round of 2020 data for Toronto’s real estate market is in and by all accounts, the year is shaping up to be one of ferocious competition among home buyers. The Toronto Regional Real Estate Board (TRREB) reports that the growing supply-and-demand gap that characterized the 2019 market was strongly evident in January, as soaring sales and plunging new supply light a fire under home price growth. A total of 4,582 transactions occurred across the GTA during the month, up 15.4%... [read more]

Seven Reasons to Sell Your House in the Winter of 2019

Thursday Dec 5th, 2019

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The majority of people tend to want to list their property in the Spring. This time is usually the more popular time of year to sell a property; however, if you decide to sell your property during the winter months, you may receive the benefits of a quick sale at an excellent market value. I can say that I have personally had some of my best months in real estate in the KW Region during the holiday season. The myth that "the markets are very tough to sell in the winter" is... [read more]

5 Easy Ways to Reduce Stress Fast

Thursday Dec 5th, 2019

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This is the time of year that is traditionally spent with family and friends. But the pressures associated with working, shopping, visiting, vacation planning and entertaining can make it a stressful time as well. Here are some quick-tips that will help: Take a deep breath. This may sound simplistic, but studies have shown that a single deep breath can measurably reduce anxiety,... [read more]

Selling Your Home Doesn’t Have to be Overwhelming

Thursday Dec 5th, 2019

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When people think about selling their home, many focus on all the things they will have to do: paint the kitchen; clean closets; prepare for viewings; find another home; arrange financing; start packing; etc. It can all seem very overwhelming, very quickly. In fact, if you focus on the long to-do list, you may be dissuaded from ever making a move! It doesn’t have to be that... [read more]

Set Learning Goals Instead of Resolutions

Thursday Dec 5th, 2019

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Are you making a New Year’s resolution this month? Whether it’s to quit smoking, lose weight, or spend more time with your family, you’ll have a much better chance of success if you turn that goal into a learning goal instead.     A learning goal is simply a commitment to learn something rather than to achieve a specific milestone. Say, for example, that your New Year’s resolution is to get into better physical shape. A traditional goal might be:... [read more]

Examining Fireplaces: Function, Feature and Performance

Thursday Nov 28th, 2019

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  It's hard to dispute how relaxing it is to curl up under a cozy blanket while cradling a hot beverage in front of a crackling fire on a cold evening. Fireplaces in Canadian lifestyle have undergone a shift in purpose over the years from staple heat source to optional design feature. If you're thinking of installing one or updating or converting an older fireplace, there's a lot to consider. Let's explore the different types of fireplaces and the features, benefits and... [read more]

About Toronto

Thursday Nov 28th, 2019

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  About Toronto  Toronto is the capital city of Ontario and the largest city in Canada. This diverse city is located on the shores of Lake Ontario where ample outdoor activities await including sailing, kayaking, and boating. Home to three universities and various colleges, Toronto offers a significant amount of educational and employment opportunities.  Toronto's growing economy is signified by the new construction and renovations taking place throughout the city.... [read more]

Canadian Dollar Recovers

Saturday Nov 16th, 2019

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Canadian dollar recovers from one-month low as risk appetite climbs   The Canadian dollar strengthened against its U.S. counterpart on Friday, lagging behind some other commodity-linked currencies but recovering from a one-month low the day before as investors grew more hopeful about a U.S.-China trade deal. At 3:18 p.m., the Canadian dollar was trading 0.2 per cent higher at 1.3226 to the greenback, or 75.61 U.S. cents. The currency, which hit a one-month low at 1.3270 on... [read more]

New Canadians Will Drive Up Housing Demand!

Saturday Nov 16th, 2019

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Survey shows new Canadians will drive up housing demand in GTA New Canadians account for one in five of all housing purchases and are expected to buoy the market in the Toronto region and across Canada over the next several years, says a new survey for Royal LePage. “Ontario and specifically the Greater Toronto Area has greatly benefited from international migration to Canada,” said Chris Slightham, president of Royal LePage Signature Realty.  Slightham suggested that... [read more]

One Toronto neighbourhood that’s safe, fun, and affordable is Rockcliffe-Smyth

Tuesday Nov 12th, 2019

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Every day seems to bring new news about the rising cost of buying a home in Toronto. This can make many of us feel like we’ve already been priced out of the market and may never own our own home—at least not without taking on a mortgage so large it prevents us from enjoying life’s small luxuries, like vacations and nights out to dinner and a movie. We might consider buying a home outside the city, but that means hours of our day spent commuting instead of spending time with... [read more]

Canadians Opting For Variable Rates !!!

Tuesday Nov 12th, 2019

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When Buying Real Estate or Re-Financing   An increasing number of Canadians are opting for variable rates when they enter the mortgage market, according to a new report from the Canadian Mortgage and Housing Corporation (CMHC).  While the majority of homebuyers continue to sign up for the five-year fixed term, there has been a significant increase in the number of people opting for variable rates, with the share reaching a high of 44 per cent in 2018 — the highest... [read more]

Rashida's Corner - March Market Update

Thursday Mar 14th, 2019

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  No real surprises in the market, approximately the same number of sales as last February, 5,025, with approximately the same number of listings, 13,284, which is less than 3 listings for every sale, making it an overall “sellers” market as buyers have few choices when purchasing a home. While this is an average number, the reality is that homes over $1,000,000 are experiencing a balanced or even a buyer’s market depending on location. A balanced market is... [read more]

First-Time Home Buyer Mistakes To Avoid

Monday Feb 25th, 2019

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homes for sale in vaughan maple

For first time home buyers, investing in the right home can be a cumbersome and daunting task. Feeling overwhelmed is common. To help first time buyers with property hunting in Maple, a renowned realtor in Vaughan has pulled together some of the common mistakes that homebuyers should avoid to ensure a smoother property buying process: Do proper research and preparation Investing in a home isn’t as simple as typing “Best property to buy in Maple” into Google and signing a... [read more]

Find Your Dream Home With Assistance From Rashida Dhalla

Sunday Dec 23rd, 2018

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real estate agents in patterson

Realizing the dream of finding the “perfect home” can sometimes be an arduous journey which can only be successfully accomplished if people are ready to commit financially and emotionally. Buying new property is a quite important investment and any carelessness in the process can have devastating outcomes. Going through apartment listings and driving miles to end in disappointment is every home-seeker’s nightmare. In order to avoid such circumstances, many people opt for... [read more]

Benefits of Working with a Top Real Estate Agent in Vaughan, Ontario

Wednesday Dec 19th, 2018

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Top real estate agents in Vaughan Ontario

There is so much information available on the internet if you are looking to buy a home in Vaughan, Ontario. You will get information about properties that are on sale in the area. You may ask, “why do I need a real estate agent then?” It is easy to wonder why you can’t buy or sell a home through online advertising and marketing channels without the assistance of a real estate agent or any other such professional for that matter. You will do fine if you have already been... [read more]

Live in the House of Your Dreams - Upper West Side Homes for Sale

Thursday Sep 27th, 2018

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“The best investment on earth is earth” - Louis Glickman The successful buying or selling of real estate is largely influenced by the person you are working with – a firm, a company or an individual. A Real Estate Broker with area expertise is best to help you reach your goals and get the home you want. Are you a first time home buyer? A growing family needing more space? Looking to sell? An experienced investor? At RE/MAX Realtron Rashida Dhalla Realty, Brokerage, we are... [read more]

Looking for Patterson Houses for Sale - Hire Rashida Dhalla

Thursday Sep 27th, 2018

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Why do you want to buy a house for sale in Patterson? Are you tired of paying rent? Are you planning to move for work or any other reason? Whatever you have in your mind, there is a house for sale in Patterson just for you.  The joy of buying a home is one of the best feelings. Owning a home may be a dream you’ve always had. You may have shared your dream with some, you may have kept it to yourself. Once you are ready to go ahead, and have a good idea of what kind of home... [read more]

Get a thorough home inspection done by a professional when buying a house

Tuesday Aug 21st, 2018

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“If I were asked to name the chief benefit of the house, I should say: the house shelters daydreaming, the house protects the dreamer, the house allows one to dream in peace.” — Gaston Bachelard They say that finding your dream house is similar to searching for a needle in a hay stack. This does not hold true in everyone’s case for there are innumerable people who have found the home of their dreams within their estimated budget. You must have come across a plethora... [read more]

Want to buy a house in Upper West Side? Tips for first-timers!

Tuesday Aug 21st, 2018

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Here are some tips for first-timers who want to buy a house in Upper West Side. Follow these to make this process simple, cost-effective, and profitable.  Find a realtor with a successful track record. A realtor who understands Upper West Side neighborhood is your best bet. Buying a house for sale in Upper West Side or any other location for that matter is a big financial commitment and an even bigger one emotionally. So, it is important that you choose a realtor who is not only good at... [read more]

Hire a Realtor When Buying or Renting a House in Upper West Side

Wednesday Jul 25th, 2018

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Whether you want to buy an Upper West Side house for sale or rent an Upper West Side house, you can’t expect a profitable transaction if you don’t have an experienced realtor guiding you at every step. You need someone who knows the real estate market of Upper West Side all too well. Someone who has been in the business long enough to understand the needs of buyers, sellers, renters, tenants and what needs to be done to ensure that every one of those needs are met. To buy a... [read more]

Look for the Latest Set of Condos for Sale in Thornhill Ontario with Rashida Dhalla

Thursday Jul 19th, 2018

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Are you looking to sell your condo? Are you a first time home buyer? Are you experienced in investing? If you’ve answered ‘yes’ to either one of the questions, you are welcome to the one of a kind marketplace for the best properties on sale in Upper Thornhill. A single detached, townhouse or semi-detached home in and around the upper Thornhill woods and estates? With the area significantly known to Rashida Dhalla, you can help yourself by taking her expert advice and look... [read more]

M2M Condos - Prime Yonge & Finch

Wednesday Feb 28th, 2018

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  M2M Condos! Prime Yonge St. & Finch Ave. Uptown. Downtown.   Work. Shop. Relax.   It's all here for you.   M2M Launching Mid April 2018   Exceptional Price  Exceptional Value Exceptional Location       Be a part of Toronto's up and coming neighbourhood. M2M Condos. Tower 1... [read more]

Rashida's Corner

Sunday Feb 4th, 2018

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2017 was an interesting year for the Toronto real estate market.   It was a roller coaster ride of activity, the highs and lows brought about by government’s decisions to try to slow down home prices increases utilizing negative policy changes.   Record sales in the first quarter of the year were followed by a decline in demand in the spring and summer, as home buyers adopted a wait and see attitude towards purchasing as the Ontario Fair Housing Plan (FHP)... [read more]

Rashida's Corner - December Market Update

Sunday Dec 10th, 2017

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Well, though I hate to admit it, I was wrong!  I predicted 6,500 homes sold in November when in fact there were 7,374, making November 2017 one of the best Novembers in HISTORY!!  The reason for this is simple, the government announced changes to the mortgage qualifying rules commencing January 1 2018, and a lot of buyers jumped into the market to make sure that they qualified under the old criteria.  This resulted in stronger than usual sales and that trend will continue in... [read more]

SEVEN SAFETY TIPS FOR YOUR NEW HOME

Sunday Dec 10th, 2017

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SEVEN SAFETY TIPS FOR YOUR NEW HOME   When you first move into your new home it is a good idea to take care of a few small things that can make a big difference when it counts.   1.    Change the locks on all your exterior doors.  Unless your house is brand new you never know how many strangers may have a key to your front door.   2.    Replace the batteries in all the smoke detectors in the house.  Record the date in your... [read more]

OSFI Unveils New Stress-Test Rules

Wednesday Oct 25th, 2017

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Canada’s banking regulator today unveiled the final changes to its mortgage underwriting standards—Guideline B-20—that will further tighten lending standards and affect borrowers and lenders alike. The most wide-reaching change announced by the Office of the Superintendent of Financial Institutions (OSFI) is the establishment of a new minimum qualifying rate, or “stress test,” for borrowers making a down payment of more than 20% of the home’s... [read more]

Real Estate Update

Tuesday May 9th, 2017

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Finally, a little respite in the frenzy of buying Toronto homes! A frenzy, I believe, created by the media, which were predicting prices would increase by over 30% in March. Really, a self-fulfilling prophesy! By the way, this is the same media that a few months back was speculating that Toronto prices were abnormally high, and the bubble was going to burst and prices would fall. My only comment; the media is primarily concerned about ratings and advertising income, so their news and headlines... [read more]

Haight & Ashbury's biggest VIP sales event ever!

Wednesday Nov 9th, 2016

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I'd like to personally invite you to Haight & Ashbury's biggest VIP sales event ever. This is a 4 day event only!  Don't miss out on the latest fall styles.     As a preferred client please print this flyer and bring it along with you.  Gift certificates or other promotions will not be accepted these 4 days.   Haight & Ashbury's Fall sample sale is from Wednesday November 9th - Saturday November 12th only.    Location;... [read more]

You're Invited to the Scarborough Women of Philanthropy Council's Sip, Shop & Celebrate Women

Tuesday Nov 8th, 2016

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    I just confirmed that I will be a proud Sponsor@ Scarborough Women in Philanthropy Council's 'Sip, Shop & Celebrate Women' event on the evening of November 17th. I am also proud to be a sponsor of the Children’s Miracle Network and Canadian Breast Cancer Foundation. Contributions to The Hospital for Sick Kids and to the Ontario`s chapter of the Primary Prevention Research program are made on each listing and sale. I am committed to giving back to... [read more]

Just Listed in Prime Markham Village

Wednesday Nov 2nd, 2016

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I wanted you to be the first to know that I have justlisted on MLS this elegant home, that has been recently upgraded using superior quality and opulent finishes.  Located in the sought-after neighbourhood of Markham backing onto ravine.     This beautiful 4-bedroom, 4-bathroom home boasts approximately 2700 square feet of pure elegance.     Welcome to ....... 44 Bishop Crescent Asking only... [read more]

4 Day only Platinum Event - Cosmos Condominiums

Tuesday Sep 20th, 2016

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COSMO3.CA   Uptown.  Downtown.   Live.  Work.  Play.   It's all here for you. Welcome to Cosmos Condominiums Buildings 1 & 2 SOLD OUT in only 24 days!   Building 3 has launched to only a few Platinum Agents   Starting from $280,900 with free Parking! $35,000 value or deduct the price!   Only 4 days remaining! Call now before it is too late! Signing scheduled for Saturday September... [read more]

Rashida's Corner

Thursday Sep 15th, 2016

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      Well it's been an amazingly hot summer for the weather as well as the Toronto real estate market.  Not only did we set temperature records in the number of days above 30 degrees but the Toronto Real Estate Board continued to set records with the number of sales taking place as well as the average hone price which continues to increase, and now sits at $717,530, 15% over December's $622,120 average price.   August's record... [read more]

JUST LISTED IN PRIME THORNBERRY WOODS - VAUGHAN

Wednesday Jul 13th, 2016

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         I wanted you to be the first to know that I will be listing on MLS this elegant home located in sought-after Thornberry Woods.  This beautiful 5-bedroom, 4-bathroom home boasts more than 3500 square feet of elegance.     Welcome to ....... 657 Grand Trunk Ave. Asking only... [read more]

Just Listed in Prime Woodbridge

Friday Jul 8th, 2016

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Welcome to ....... 45 Gates Road Asking only $1,250,000 www.45GatesRoad.com       As you step through the grand porch & door entry you will immediately take notice of the opulent finishes and gorgeous interior.  Featuring a 2-storey foyer, 8" stressed hand scraped hardwood floors, tall smooth ceilings, oversized windows and doors, energy saving LED pot lights, exquisite Scarlett O'Hara oak staircase, designer light fixtures... [read more]

Surprising Ways Buyers Find Homes

Thursday Jul 7th, 2016

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Surprising Ways Buyers Find Homes Do you ever wonder how most people find the homes they eventually buy? You might imagine them driving by a “For Sale” sign or seeing a home for sale in the newspaper and then calling to enquire. Of course, many buyers find out about listed properties that way. But, according to research by the National Association of Realtors, there are many other — sometimes surprising — ways buyers find their next dream home. For... [read more]

Cosmos Condominiums in Vaughan Metropolitan Centre

Thursday Jul 7th, 2016

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  Uptown.  Downtown.   Live.  Work.  Play.   It's all here for you.   Welcome to Cosmos Condominiums Launching April 21, 2016   Starting from Mid $200's     Exceptional Price    Exceptional Value   Exceptional Location   Be a part of Vaughan's up and coming new downtown. Cosmos Condominium is one of the first phase in a brand new,... [read more]

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