Nirav Tripathi's blog
What Does a Seller’s Market Mean to You?
So, you’ve finally decided to fulfill a lifelong dream and buy your own home… how exciting! You are ready to fulfill your dream of having a place to call your own.
Toronto Real Estate Board President Paul Etherington announced that Greater Toronto Area REALTORS® reported 11,303 sales in April 2015. This was the highest sales result on record for the month of April and represented a 17 per cent increase in comparison to April 2014. While sales increased strongly on a year-over-year basis, new listings were up over the same period by a more moderate five per cent. “The record April result clearly points to the fact that a growing number of GTA households view ownership housing as a high quality, long-term investment.
As we all know Pan Am games are approaching less three months now. Condo owners are taking advantage of renting their condos. As this is really a booming business these days. Most of the condo property management doesnt allow short term rental. Less then 6 month or so. Condo owner who already rented their condo should watch their tenent activites once a while. Some tenent rent their rooms without even letting you. This might create more human traffic in the building and property manager might find out one day. Condo owner might end up paying damages to this.