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New property listed in Rural East Gwillimbury, East Gwillimbury

I have listed a new property at 47 Thatcher CRES in East Gwillimbury. See details here

Gorgeous End-Unit Townhouse On An Extra Large Lot In Desirable Harvest Hills Is Waiting For You! Featuring An Open Concept Design With Wrap Around Windows This Spacious Home Features 3 Bdrms, 3 Baths A Finished Basement With Cozy Gas Fireplace And A Spacious Master Suite With A Spa Like Bath & Walk-In Closet. The Large Deck In The Fenced Backyard Is Perfect For Entertaining And The Wrap Around Front Porch Offers Stunning Views For Miles. Walking Distance To Parks, Schools & Shopping And Only Minutes To Hwy 400/401 And The Go Train.

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Real Estate  MARKET UPDATE  FEBRUARY 2023 EDITION


It's hard to believe that we are in the middle of February right now with the balmy weather that we have been experiencing. I know we have not seen the end of Winter (it always snows in April) but the spring like weather gives me hope for warmer days ahead. 

Last week I attended the Toronto Regional Real Estate Boards (TRREB) 2023 Market Outlook Housing conference. This year is being labelled as the year of two halves. The first half of the year homes sales are predicted to be on a relatively flat trajectory because of the lingering effects of higher borrowing costs and economic uncertainty. However, the 2nd half of 2023 we are expecting so see a downward trend in the interest rates and some economic certainty related to our resilient Labour market.

Listing inventory will continue to be a persistent problem in 2023 and because of the low inventory we are already starting to see some bidding wars again in some of the lower price ranges with multiple offers on some properties. If predictions are correct and inventory increases in the latter half of the year, then buyers will have more choice, and this will lead to more balanced market conditions.

There were a lot of home buyers and sellers that sat on the fence last year because of the volatility of the market and the increase in interest rates. This year, I predict that many of the home sellers that have been waiting for the market to settle will be more comfortable making the decision to sell their homes in 2023 in a more balanced market. Buyers will have more options as inventory increases and interest rates start to decline. Moving into more balanced market conditions is good news for both Buyers and Sellers. 

If you are thinking of Selling this year then don't hesitate to reach out for a Market Analysis of your home. If predictions are correct, then the first half of the year is the best time to Sell. I always strongly recommend listing in February/March because historically this has always been the best time to list - when inventory is low and the market has not started to pick up yet. Less competition means higher demand for homes!

As inventory increases in the 2nd half of 2023, Buyers will be moving off of the sidelines taking advantage of more choices and pricing should remain relatively stable. If interest rates start to drop, as expected then we may see a flurry of buying activity from Buyers that have been waiting for the perfect time to buy. 

Whether you are thinking of buyer or selling. Don't hesitate to contact us if you need some advise, we are always happy to help!


Best, 

Jill Renshaw

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Introducing Home Efficiency Rebate Plus: Now up to $10,000 back!

Recently, I took advantage of The Home Efficiency Rebate in my own home, and the experiece was quick, painless and very helpful! 

Enbridge Gas and the Canada's Greener Homes Grant have partnered to provide rebates towards eligible retrofits such as home insulation, windows and doors, heat pumps and renewable energy systems.

The new, co-ordinated Home Efficiency Rebate Plus program will help more Ontarians save energy at home. This is great news for residents across the province, including current Enbridge Gas customers who use natural gas to heat their homes and will benefit from enhanced rebates up to $10,000. Participants can also offset the cost of their EnerGuide home evaluation with an additional rebate of $600.

Step 1:

Call and schedule an initial home energy assessment with a licensed Registered Energy Advisor. A list will be provided to you upon completion of the questionnaire / HER+ webpage.

Step 2:

They'll provide a custom report with recommended upgrades.




Step 3:

Complete at least one eligible upgrade.

Step 4:

Schedule a follow-up home energy assessment.

Step 5:

Receive your rebate cheque, including up to $600 for the assessments.

Before you start any renovation work, you must complete a home energy assessment with a Registered Energy Advisor. Answer a few short questions to find a Registered Energy Advisor in your area. See how this program works.

Save with rebates for these high-impact upgrades:

List with checkmarks

Home energy assessments

Up to $600
The first step to determine which upgrades are right for your home.
Insulation icon

Home insulation

Up to $10,000
Improve comfort, reduce energy costs and prevent moisture damage with attic, foundation, wall and exposed floor insulation.
Weatherproofing

Air sealing

Up to $1,300
Eliminate drafts, improve air quality and save energy with draft proofing.
window

Windows and doors

Up to $325 for each
High-performance windows prevent condensation and eliminate drafts.
Water heater

Space and water heating

Up to $7,800
ENERGY STAR® certified hot water heat pumps use up to 70 percent less energy. Ground source, air source and domestic hot water heat pumps qualify.
Smart thermostat

Smart thermostats

Up to $125*
Boost comfort and reduce costs by saving energy automatically.
Solar panel

Solar panels

Up to $5,000
Generate your own power and reduce dependence on the grid. Solar panels and batteries qualify.
Basement insulation

Weatherproofing

Up to $1,625
Protect your home from climate change events, such as fires and floods.


Already enrolled in Home Efficiency Rebate or the Canada's Greener Homes Grant? Here’s what to do next.

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This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the Toronto Regional Real Estate Board. The data is deemed reliable but is not guaranteed to be accurate.