How much further can prices go, who knows, but remember that Vancouver house prices are historically 30% higher than Toronto and people still rush to live there and manage their mortgages.
One of the major influences in today's real estate market is the foreign buyer. So buyers and sellers, who are buying in Canada or the United States need to know a few things before they make that move. It's a very big investment, but before you move ahead, here's 10 things that you need to know.
July 2014 has brought a significant growth of sales and the average selling price to Toronto's market. Sales reported by TREB through the TorontoMLS system were up by 10 per cent to 9,198 in July 2014 in a year-over-year comparison.
There are a lot of foreign clients in Canada and the U.S., but they might not be used to real estate practice in North America. Since foreign buyers and sellers comprise an important part of the Canadian and U.S. housing markets, local Realtors should be prepared and know how to deal with them.
Home staging is a common procedure that helps homeowners sell their homes faster and for a better price. Professional home stagers work with sellers in order to make their homes as attractive to potential buyers as possible. They know how to highlight the strengths of a home their clients are selling and how to uncover the whole potential of the property to buyers.