Explore articles on the latest in Ontario real estate news with thoughtful insights from the Purplebricks team. Purplebricks makes understanding real estate simple.
Ontario Real Estate
Ontario Real Estate Market Update: October 2020
The Ontario real estate market remains strong, with October figures breaking numerous records on a year-over-year basis. Homes of all types are in high demand, and tight market conditions are pushing prices higher.
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Ontario Real EstateHoping for a fast home sale? Here’s what you need to knowIn this age of smart phones and Amazon Prime, we’ve grown accustomed to instant gratification. But, can you sell your home in under 48 hours, especially during the coronavirus lockdowns? We’re looking at what it takes to achieve a quick sale, plus some recent Purplebricks homes that sold fast!
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Ontario Real EstatePrice Growth in the GTA: A Decade in ReviewThe GTA is notorious in the Canadian real estate market for ever-increasing home prices, causing what’s been described as a “housing bubble.” We’re taking a look at the last decade to see how low supply and fierce buyer demand have been pushing prices upward.
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Ontario Real EstateHome Sellers in Southwestern Ontario are Saving Thousands in Commission!The word “SOLD” on your lawn sign is an achievement in itself, but for Purplebricks sellers, it comes with an even bigger payoff: they’re saving thousands in commission! Wondering what success with Purplebricks looks like? Here’s a snapshot of some of our September sales from across the region.
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Ontario Real EstateOntario Real Estate Market Update: September 2020It’s been a month of strong sales activity in all major markets across the province, with year-over year growth ranging from 19-74%. Buyer demand remains high, and with not enough listings in the market to meet demand, prices continue to rise while average days on market declines.
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Ontario Real EstateNiagara Peninsula Home Sellers are Saving Thousands in Commission (Yes, even during the pandemic!)This year, home sellers in the Niagara Peninsula have been enjoying excellent selling conditions. High prices and fast sales are the norm, and for Purplebricks sellers, so is saving thousands in commission! Here’s a snapshot of Purplebricks sales across the region.
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Ontario Real EstateShould You Sell Your Home During the Second Wave of COVID-19?The outbreak of COVID-19 early this spring dealt some staggering blows to Canadian real estate; with declarations of states of emergency and the implementations of lockdown procedures, the industry all but stopped in its tracks. In view of the second wave, what should home sellers expect?
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Ontario Real EstateBuying an Investment Property: 5 of Canada’s Top Cities for RentalsThere are a lot of reasons why a rental property can be profitable, but if you’re thinking of making this type of investment, it’s important to look at the local rental market. Like residential real estate, each city or region has a rental market which can be measured with key metrics.
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Ontario Real EstateOntario Real Estate Market Update: August 2020Records continued to be broken in some parts of the province as market activity remained high. Many regions continue to see low inventory levels and homes selling for top dollar. For the second month, most regions have seen a year-over-year average home price increase of 20% or more.
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Ontario Real EstateCity Series: Brampton Home Sellers are Saving Thousands in CommissionWith a diverse economy and culture, Brampton is a wonderful place to live, work and play in—and a great place to save thousands in commission when selling your home!
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Ontario Real EstateCottage Living, City Convenience: 5 Cottage-like homes in Southern OntarioSince the COVID-19 outbreak, cottage real estate in Canada has been booming. Here are 5 of our favourite cottage-like homes currently for sale in Southern Ontario.
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Ontario Real EstateCity Series: Brantford Home Sellers are Saving Thousands in CommissionBrantford is a wonderful place to live, work and play in—and a great place to save thousands in commission when selling your home!
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Ontario Real EstateOntario Real Estate Market Update: July 2020July was a record-breaking month in terms of sales activity for many markets in Ontario. Inventory continues to fall short of demand, increasing competition among buyers and leading to multiple bids and price surges.
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Ontario Real EstateCity Series: St. Catharines Home Sellers are Saving Thousands in CommissionSt. Catharines, Ontario is the largest city in the Niagara region with plenty to offer its residents and visitors. It's a wonderful place to live, work and play in—and a great place to save thousands in commission when selling your home!
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Ontario Real Estate7 Ways COVID-19 has Changed Homebuying Behaviour in OntarioThe latest Pulse Check on Consumer Attitudes from the Ontario Real Estate Association and Nanos Research has shed some light on how the COVID-19 pandemic might affect the real estate industry on a long-term basis.
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Ontario Real EstateCity Series: Guelph Home Sellers are Saving Thousands in CommissionGuelph has recently been deemed as the best city to buy real estate in Canada - find out why and check out home sellers in Guelph who saved thousands in commission (even during a pandemic).
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Ontario Real EstateOntario Real Estate Market Update: June 2020In Ontario, we saw a similar story across all major markets – massive improvements in month-over-month home sales with year-over-year average prices up as high as 20%. After dramatic changes in the market in April and May, it is great to see the market is picking up – and quickly.
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Ontario Real EstateWill Sellers Get Less for Their Home during COVID-19 in Ontario?Can a seller in Ontario expect to receive less for their home during COVID-19? We take a look at the numbers around two common misconceptions: home prices and average days on market.
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Ontario Real EstateCity Series: London Region Home Sellers are Saving Thousands in CommissionLondon is a wonderful place to live, work, and play in – and a great place to save thousands in commission when selling your home!
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Ontario Real EstateCity Series: Kitchener-Waterloo Region Home Sellers are Saving Thousands in CommissionWe are still seeing our Purplebricks home sellers in the Kitchener-Waterloo-Cambridge region successfully sell their home while saving thousands in commission! These sellers sold their homes in less than a month!
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Ontario Real EstateCity Series: Hamilton Region Home Sellers are Saving Thousands in CommissionWhether you call it The Hammer, Steel City, or perhaps, you already call it “home”, Hamilton is an excellent city to live, work and play in – and a great place to save thousands in commission when selling your home!
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Ontario Real EstateReal Estate Investing in Ontario During COVID-19: What You Need to KnowWhether you’re new to real estate investing and are ready to purchase your first property (congratulations!) or you’re a seasoned pro looking for the next great find, there are important factors to consider, especially during the COVID-19 pandemic.
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Ontario Real EstateWhy Living in Ottawa Should be on your Canadian Bucket ListRanked as the third best Canadian city to live in 2019 by Maclean’s magazine, living in Ottawa is safe, fun, and, shockingly affordable.
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Ontario Real Estate14 Reasons Why Windsor is a Great Place to Call HomeAnd while Windsor is as close to Detroit as a Canadian city could be and it is home to Ford, GM and FCA auto plants, Windsor should be known for more than these two facts. Windsor is a great city to call home, and here’s 14 reasons why.
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Ontario Real Estate2020 vs 1920: How Homeownership Has Changed in TorontoWe are once again in the “roaring twenties”, so we are looking at how the housing market has changed in the last 100 years in Toronto. In the 1920s, Toronto was only just starting on the path to becoming the vibrant metropolitan area it is today.
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Ontario Real Estate2020 Forecast: The 5 Best Ontario Cities to Buy a Rental PropertyToday, having a “side hustle” is almost mandatory to get an edge up on retirement savings and to gain financial freedom sooner. Amongst the Etsy businesses and Instagram influencers, one of the oldest side hustles has stood the test of time and proven to be lucrative long-term – being a landlord.
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Ontario Real EstateOntario’s Top Ranked Communities Have Healthy Real Estate MarketsMacLeans has released its Best Communities in Ontario 2019 List. The top 3 spots go to Burlington, Grimsby and Ottawa. We can see why these communities were a cut above the rest! They have impressive features, including healthy real estate markets.
