Welcome to The Procenko Team blog
A place to go for current real estate news, local events and neighbourhood happenings (and other cool things).
Trends we're seeing in these first couple of months are predicted to continue playing out through the rest of the year, including strong consumer demand, low inventory and a highly competitive landscape for buyers.
Strong demand continues. Listings remain in short supply. Active listings at the lowest level in more than two decades. What can we expect this year in 2022?
If you're ready to remove the excess clutter from your life, here are 5 of our favourite decluttering tips to help you purge and organize your home for a clean start to the year.
It is remarkable that the pandemic has proven to be the major driver of one of the strongest real estate markets ever seen in Canada. Hot housing trends continue to be double-digit price gains, suburbs and a fully recovered (and sizzling) condo market
Average selling price breaks record with new all-time high. Supply continues to be an issue. Condo and townhouse segments remain popular.
Average selling price breaks record with new all-time high. Supply continues to be an issue. Condo and townhouse segments remain popular.
While people living in the GTA have seen double-digit home price growth in recent years, the market overall appears to be calming. But just when you thought the pandemic-fueled housing madness may have come to an end, experts predict more price increases
October home sales reached a second highest record with double digit percentage increases in average sale price. Demand continues to outnumber supply.
Winter weather is fast approaching! Use this handy checklist when swapping spring/summer clothes for warm fall/winter clothes. Plan to donate winter items NOW, since most organizations don't have storage space to hold out-of-season clothes.
Storing off season clothes is a great way to clear your closet and reduce clutter. Here's how to do a simple wardrobe switch with efficiency plus best practices for storing your summer clothes and shoes.
Significant Decrease in the Number of Listings Leave Lots of Buyers Still on the Hunt for Home Ownership
With a decrease of 34 per cent of new listings compared to the same time last year, purchasing a home may be tricky.
Buyers have less choice in their house hunt due to severe lack of inventory on the market. As a result of August's tights conditions, strong competition and bidding wars are back, strongly favouring sellers.
Each family goes through a different process when transitioning into a new home. Some move through with grace and ease while others struggle. Here is a list of the top 5 things that our clients who have the easiest time with "rightsizing" know
Imagine you had invested in a couple of rental properties a few years ago. Imagine not having to do the 9-5 thing until you're 65 years old. Imagine attaining financial freedom from being able to live off of passive income & having an abundance of equity
Nearly 10,000 sales in July --- that's a very strong result for a summer month despite being down from July 2020. It would appear that the market has started to calm and stabilize but prices still remain strong, especially in the 905.
Nearly 10,000 sales in July --- that's a very strong result for a summer month despite being down from July 2020. It would appear that the market has started to calm and stabilize but prices still remain strong, especially in the 905.
It is entirely possible to buy a home in your 20s & it will benefit you big-time down the road. This is a must-read for 1st time buyers & parents needing to get their kids out of their basements. You can make your home-buying dreams come true much sooner
Extremely likely that condo apartment prices will fully rebound and surpass 2020 peak pricing during 2021.
2021 lockdown has not affected buyers the same way the 2020 lockdown did.
Behind-the-scenes peak at an intimate conversation with Markham's Olympic Silver Medalist Bill Crothers and Order of Canada Journalist Lloyd Robertson.
Annual rate of increase moderated compared to the previous three months. While this provides some relief for buyers, the doors for immigration are opening up in the near months and this could mean similar landscapes to that of the previous months.
May 2021 sets new record in with average selling price but slower than usual with number of sales. So too new listings have experienced a dip setting new competition amongst buyers.
John and Renee Procenko were recently featured on the cover of Top Agent Magazine for their outstanding achievements in real estate. They are leaders of The Procenko Group, a boutique-style real estate team of highly experienced agents and administrators.
According to the Capital Lending Centre, a mortgage stress test is a way of determining exactly how much you can afford (and under what circumstances). If your income was reduced or you lost your job, could you still afford to make mortgage payments?
April 2021 Sets New Record. GTA home sales more than quadrupled compared to April last year being the first full month of the pandemic. However there was a 12.7 per cent decline in sales month-over-month.