Here is a 7 Day Statistics comparison for Durham, Waterloo and Hamilton. This shows that over 40% of properties are selling at or below asking price.
Buying a house is a big deal for many of us. Owning a home is the ultimate symbol of personal success. It’s the reward for years of hard work, smart planning, and sticking to your financial goals. It means finally having a space that’s all yours—a place where you can kick back, grow, and make countless memories. But the thrill of chasing homeownership comes with its share of surprises, from the rollercoaster of market prices to figuring out loans and sifting through a mountain of paperwork.
Purchasing a home typically begins with making an offer, also referred to as the agreement of purchase. This document outlines the necessary conditions that must be met to finalize the deal. Common conditions typically include securing mortgage financing and sometimes undergoing a home inspection.
There are so many questions when you are looking for a home. Here are 5 of the big ones!
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Aren’t these both kinda the same thing?
Not quite. Each of these is a good start to your mortgage process (that ends with a full approval to buy a house). But one is more serious than the other if you get close to buying a home. Let us explain.
Greater Toronto Area (GTA) home sales and new listings were up on an annual and monthly basis in February 2024
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