Impact of New Arrivals on the Economy - Paul Bendavid Real Estate

Bank of Canada’s Interest Rate Cut

The Bank of Canada recently lowered its key interest rate by a quarter of a percentage point to 4.75%, the first cut in over four years. This decision could be the signal that many potential...

Pros and Cons of Selling Condo in the GTA, Canada

Selling an assignment condo is not the same as dealing with a resale condo sale. There are many potential challenges to navigate, and regardless of present market conditions, it can take time and skill to...

Pros and Cons of Buying Condo

You have a wide selection of options in Toronto, Ontario as a condo buyer. As the largest metropolitan city in Canada, Toronto offers residents opportunities for education, business, entertainment, and more just outside their front...

Spring Home-Buying Season Faces Delays Due to Mortgage Rate Hikes

Introduction An unexpected rise in mortgage rates has slowed down the spring home-buying season, making homes less affordable and stalling the market. While sales of new homes are doing well, existing home sales, which dominate...

GTA Housing Market Update

Many potential homebuyers in Toronto are eagerly waiting for the Bank of Canada to cut interest rates, hoping it will make mortgages more affordable. Experts believe, if the Bank of Canada starts cutting rates quickly...

The Purchase Closing Process

Introduction: Embarking on the journey of purchasing a home in Ontario is an exhilarating endeavour. However, amidst the excitement of finding your dream home, it’s imperative to grasp the intricate legal procedures that underpin the...

Unlocking the Door to Homeownership: A Canadian Journey

Introduction: For many Canadians, owning a home is more than just a goal; it’s a cherished dream of stability and belonging. Canadian banks play a vital role in turning this dream into reality, offering mortgages...

Seller’s Guide to Pricing Your Property

In the ever-evolving landscape of Greater Toronto Area (GTA) real estate, setting the right price for your property is essential for success. This guide delves into the intricate process of pricing, offering comprehensive insights and...

A Buyer’s Guide to Conquering Toronto’s Real Estate Market

Embarking on the journey of purchasing a home in Toronto is both thrilling and daunting, especially given the city’s reputation for competitive markets and high prices. However, armed with the right negotiation skills, you can...

Canadian Housing Market Insights

Overview of Home Prices: According to data from the Canadian Real Estate Association (CREA), the average selling price of a home in Canada saw a modest year-over-year increase of 0.7%, reaching $729,700 in March 2024....