Guy Yarkoni
1170 Bay Street, Suite 110 M5S 2B4 Toronto, ON, Canada

According to a recently-released Housing Affordability Report from the National Bank of Canada, individuals currently need an annual household income of at least $178,499 to afford a "representative home" in the Toronto market.

The Toronto Regional Real Estate Board (TRREB) has released its annual forecast for the GTA real estate market, and 2021 is expected to see a record-high average price for all homes types. Despite a rollercoaster of a year, the second half of 2020 saw healthy home sales, especially in the suburbs. Those same "strong buying intentions" are carrying through to 2021, says TRREB. The average price for all home types and areas of the GTA combined is expected to reach $1,025,000.... This represents a year-over-year increase of 10 per cent, marking a first-time breach of the $1 million mark.

Cold, wintery days still have their bright spots.

Welcome to the winning Loft of @hgtvcanada ‘Who Lives Here’ Loft 804! A truly unique space in prime King & Spadina District. Soaring 11’ ceilings, 1 Bedroom + Separate Den, 2 full Baths, Uninterrupted Views, Parking and Private Storage Room (12’x10’). Appx 800sf + Balcony, Floor to Ceiling Windows w/ Custom Blinds, Spacious Living Space & Open Kitchen with Centre Island - The Perfect Setting to Entertain! Now who wants to live here? Send me a DM @ Charlie Condos

The spring market is just around the corner. Are you in the market for buying, selling or perhaps investing in an income property? Let me know if you need specific questions answered or if you’re looking for the right agent to assist you.

Real Estate sales results from January confirm that this will be a strong year not just in sales but for prices too.

Toronto condo sales jumped 33% in January! It was also a great month for new construction homes, proving that homebuyer confidence is still strong

Not allowing the winter cold to keep us trapped indoors = winning

Home prices in Toronto are expected to rise to an average cost of $900,000 in 2020! This market is showing no signs of stopping!

Staging helps potential buyers picture themselves in the space, which means you will have an easier time selling!

RBC says that Canadian interest rates may start dropping again in April. . Great news for prospective homebuyers, investors and those re-mortgaging. . #realestatenews #canadianrealestate #torontorealestate #guyyarkoni #remax #interestrates #homebuying #investingtips #remortgage

When completed, the development will consist of six buildings, all under 30 storeys, with a total of 916 rental units 30 per cent of which will be affordable.

This will only drive prices further up!

Facts or Myths.. Here's what you need to know about reverse mortgages.

It’s only going to get worse.

The average selling price of a home also rose 11.9 per cent in December!

The Greater Toronto housing market ended 2019 with another double-digit sales increase. . The Toronto Real Estate Board says home sales rose 17.4 per cent in December compared to last year, with 4,399 properties changing hands.