Ross  Talibov

Ross Talibov

Real Estate Agent

Forest Hill Real Estate Inc., Brokerage*

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Ross Talibov's blog

Interest rates rising - what it means for real estate?

Today Canada announced it’s current inflation rate is at 7.7%, up from 6.8% in the previous period. It was expected to be at 7.4%. Given today’s inflation rate you can expect a .75% hike in the next Bank of Canada meeting July 13th, where they may raise the benchmark rate to 2.25% from 1.5%. 

Toronto Housing Market Update: February 2022

Sales and new listings have gone up. From 5636 residential transactions last month, Feb saw over 9000 sales! Homeowners are reaping the benefits of the current market and buyers seem to have not been discouraged by rising prices as well. Days on market has reduced as well, (from 13 to <11) as a few listings sell within hours (yes, that's right!).

Toronto Housing Market Update: January 2022

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If January is any indication, 2022 is going to break records for prices and home sales in the Greater Toronto Area (GTA). A recent poll conducted by the Toronto Regional Real Estate Board (TRREB) shows that detached homes are on top of the list for buyers.

Toronto Housing Market: December TRREB Update

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The city of Toronto bounced back! The 2020 pandemic trend of a rising number of people buying homes outside the city was broken in December. Sales within the city showed an annual growth of 36.8% while GTA suburbs combined showed an annual growth of 23.6%. This was largely credited to rising condo sales in the city.

Toronto's Housing Market In 2022...And A Recap of 2021

We wrap 2021 with immense gratitude. The real estate market was very active this year, making it challenging for those who were looking to upsize and downsize and the right strategy was needed to ensure buyers and sellers made the most of it. We are glad to report that we made 35 transactions throughout the year!

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Explained: How Toronto Is Running Out Of Homes

We need more homes in Toronto to meet the exuberant demand. If you’ve been following the news, you must be aware of the panic in the market regarding the severe shortage of homes. Here’s a quick breakdown of the problem and how that may affect you.

How Interest Rates & Inflation Can Impact The Value Of Your Home

Upcoming possible policy changes in Canada's housing market can impact homebuyers and homeowners. Staying infomed is the best strategy.

 

5 Benefits of Knowing Sold Prices in Toronto

Are you not sure what to do with your knowledge of sold prices in Toronto?

You’ve jumped on SoldHistory.ca and found plenty of helpful information on homes that have got purchased in the various suburbs around the city. From properties in Hamiltion going for $600,000 to places Forest Hill going for over two million, the database provides you with everything you need to know about successful real estate sales.

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