Downsizing to Cottage Country?

Deckchairs-and-lake

The latest RE/MAX Recreational Property Report offers many insights into buying activity. See details on who is driving demand, market-specific price, sales data, and more emerging trends in Canada’s popular recreational markets. Ontario is featured on Pages 2 & 3 of this table with details on Haliburton, Parry Sound, Collingwood, Muskoka, The Kawarthas and Prince Edward County, etc.

Since this report has just been released today, it is in addition to the regularly scheduled posts that are published here every Sunday afternoon.

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GTA Real Estate Market – Q2 2018

GTA Market Scan - 2018-Q2

Anyone planning to downsize in the Greater Toronto Area (GTA), needs to keep informed about the current real estate market. The following video provides a fresh perspective on five key market measurements. The goal is to provide you with greater insight for your own decision making.

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You don’t live in an “average” house

Large House

One of the most quoted facts about the Greater Toronto Area (GTA) housing market is the “average selling price”. If you look at prices in the first quarter, you will see that the average selling price rose from $737,000 (rounded) in January 2018 to $785,000 (rounded) in March 2018. However, there are three surprises hiding within these numbers.

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Caught napping while the market changes?

Koala napping

Do you have family members planning to downsize “sometime” but will likely be caught napping if the real estate market changes? Here are some likely reasons they are stuck and what you can do to help them.

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Downsizing in Toronto? Essential info …

GTA Real Estate Market Overview

Anyone planning to downsize in the Greater Toronto Area (GTA), needs to keep informed about the current real estate market. The following video provides a fresh perspective on five key market measurements. The goal is to provide you with greater insight for your own decision making.

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Who gets the cottage?

Lake-Muskoka-Chairs

A family cottage is often taken for granted when downsizing and/or planning for retirement. However, a cottage is “that piece of real estate that brings families together but can also drive them apart.” Listen in on a frank discussion between two experienced estate lawyers on how to handle the situation. (Video).

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Best Seniors’ Housing Resources – Ontario Canada

Dancing couple

There are excellent resources available for helping seniors living in the Province of Ontario, Canada. This summary of resources includes links to online topics such as Accessible Housing and Flexible Home Designs,.

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