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.
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.
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.
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,.
The “how to” of downsizing gets a lot of attention. Preparing for the emotions that are created during this process is just as important. Here are many, mixed emotions you can expect to feel before, during and after you are done. Continue reading “The emotional side of downsizing”→