Flashback to mid-2015 and most people were preparing themselves for a landslide fall in real estate activity across the Greater Toronto Area. Now, fast forward to today’s GTA and you will find that the traction for business places and homes stands unchallenged. In fact, during the first half of 2016, the GTA real estate industry has been rather robust. As prices in premium locations like Toronto continue to climb, homebuyers are looking for better, more affordable options. As a result, places along the southern border of Richmond Hill, like the Observatory Hill area, are seeing serious building and buying activity. Why? This locale is strategically located, sharing its cultural and natural landscapes with Richmond Hill and southwards, the cosmopolitan advantages of Toronto. In this discussion, we are going to put the spotlight on Richmond Hill culture, helping you understand why the town of Richmond Hill is inducing home buying decisions in its suburban neighbours like the Observatory Hill region.
Monday, 19 September 2016
Wednesday, 14 September 2016
This year, the Canadian real estate story has been fascinating. For starters, despite many pessimistic industry experts, the market continued its upswing, selling premium properties in densely populated locales like Toronto and Vancouver. With the weakening of the Canadian dollar, more foreign investments in the housing sector poured in. Among these unpredictable trends, something that few could have foreseen surfaced—the emergence of Suburban Homes. These properties, located along the outskirts of cities like Toronto, have caught the attention of investors and families. The reason lies in the incredible pricing advantage, new townships being developed with modern infrastructure and a vast, green expanse. One such landscape is that of Observatory Hill where migrating families look upon the popular David Dunlap Observatory as a landmark—an identity to the place they now call home!