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Summer Housing Trends in Ontario: What to Expect

Summer season is upon us and with hopes of a hustling summer real estate market. High borrowing costs and uncertainties surrounding the Bank of Canada's policies have kept some potential buyers on the sidelines this past Spring, however they are out in full force now. While the average home prices have risen slightly this spring, this increase is primarily due to more expensive homes being sold, rather than a general rise in prices. 

Looking ahead to the second half of 2024, the resale market in Ontario is expected to pick up. It will be a steady rise, this adjustment is due to expectations that borrowing costs won’t decrease as much as initially thought, with the Bank of Canada likely to make…

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Ontario summer getaway ideas for families

From: destinationontario.com

If you are looking for things to do with your kids this summer, Ontario has got it all. Whether it’s a weekend getaway, a weeklong road trip or something a little closer to home, there is something for you and your family. Check out this collection of family itineraries, getaways and trip ideas from across Ontario. From beaches and farms to big cities, planning your family trip just got a boost of inspiration.

 
Southern Ontario

Burlington, Oakville and Hamilton area

This area has so much natural beauty to appreciate! Visit the natural walking trails of Bronte Creek Provincial Park or Mount Nemo Conservation area. If stunning manicured gardens are your thing, see…

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We compile Monthly Market Stats for Burlington, Oakville Hamilton, Greater Hamilton and Burlington Condos. See the latest June update HERE!

If you have any questions about the market or any stats for your area - you can always contact us for more information. We are always here to help get you information about your neighbourhood and what your specific market looks like! 

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Selling Your Home in Summer:
Why It's a Great Time and How to Maximize Your Success

Summer is an excellent time to sell your home. The warmer weather and longer days bring more potential buyers into the market, and many families prefer to move during this season to coincide with school holidays. Here’s how to make the most of selling your home in the summer:

Why Sell in Summer?

  1. Increased Buyer Activity: People are more active and have more time to house hunt during the summer holidays.

  2. Easier Family Transitions: Moving is less disruptive for families with school-age children.

  3. More Preparation Time: The longer days give you extra time to get your home ready for showings.

  4. Enhanced Curb Appeal: Gardens are in full…

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ONTARIO CAPS 2025 RENT INCREASES AT 2.5%

Starting next year, Ontario landlords can raise rents by up to 2.5%, as per the recent guidelines published by the Ford government. This rate remains consistent with the last two years and is touted as the lowest in the country. Without the cap, the increase would have been 3.1% due to inflation.

In response, Ontario NDP housing critic Jessica Bell highlighted the ongoing housing crisis, criticizing the government's approach. "The Conservatives have had six years to fix the housing crisis, and they’ve failed," she said, pointing out that the current guidelines are insufficient and calling for more meaningful rent control measures.

It's worth noting that rent control in Ontario applies only to units…

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CANADA DAY 2024 

What’s Canada Day? How did it start? Why do we celebrate? What should you do? The Rocca Sisters have you covered!

History of Canada Day 

On July 1st, 1867, the British North America Act created Canada, and by the following year a proclamation was signed to request that all Her Majesty’s subjects across Canada celebrate July 1st as the birthday of Canada. Eleven years later in 1879 July became a statutory holiday called Dominion Day. It wasn’t until 1982 that Dominion Day became Canada Day.

Why we are proud to be Canadian.

The name “Canada” comes from the Huron-Iroquois language and means settlement or village. For us, this holds a great deal of meaning. Our family, like most, are 1st generation Canadians. Our Father was…

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Canadians Rush to Address Financial Affairs Ahead of New Capital Gains Tax Rules

As Canada braces for significant changes to its capital gains tax, individuals and businesses are scrambling to make financial adjustments before the new rules take effect on June 25, 2024. These upcoming changes, announced in the 2024 budget and solidified by a recent parliamentary vote, have spurred a flurry of last-minute financial planning.

What’s Changing?

The new regulations increase the inclusion rate for taxable capital gains from 50% to 67% for those realizing more than $250,000 in annual capital gains. This means that a greater portion of profits from the sale of assets like stocks or investment properties will be subject to tax if they exceed this…

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Happy Father's Day!

As we approach this Father’s Day weekend, it's the perfect time to pause and appreciate the remarkable impact fathers have on our lives. Our father, Pat Rocca, instilled in us the values of family, friendship, loyalty, and the importance of maintaining perspective; he taught us to think long-term and to keep the lines of communication open. A man of deep faith and respect for his heritage and community, Pat believed in the power of progress, always encouraging us to consider what steps are needed to move forward and to act decisively.

Pat's journey began when he immigrated to Canada from Italy in 1957, setting his sights on creating a prosperous future for his family. He entered the real estate sector and started to build…

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We compile Monthly Market Stats for Burlington, Oakville Hamilton, Greater Hamilton and Burlington Condos. See the latest May update HERE!

If you have any questions about the market or any stats for your area - you can always contact us for more information. We are always here to help get you information about your neighbourhood and what your specific market looks like! 

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The Sound of Music Festival in Burlington: A Preview of Summer's Melodic Celebration

As summer approaches, the scenic waterfront of Burlington will transform into a vibrant stage for the eagerly awaited Sound of Music Festival. This June 13-16, join us at this beloved event that draws thousands from near and far, all ready to immerse themselves in a diverse musical experience against the backdrop of Lake Ontario.

Like last year, we will be leading the infamous parade on Saturday morning June 15. We’ll have lots of giveaways and treats for everyone at our 530 Brant Street office on the parade route.

You can also find us at the Park all weekend long near the entrance at the base of Brant Street. We’ll have lots of fun, contests and FREE…

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