Richard Wang

Why Some Thornhill Homes Are Sitting on the Market 60 + Days — And What That Means For You

In Thornhill, the volume of homes listed for sale has been increasing even as buyer urgency has softened. According to recent market data, the average sale price in Thornhill is around $1,057,000, with indications that the “median days on market” are creeping toward 39 days. At first glance this doesn’t scream “60+ days” — butContinue reading “Why Some Thornhill Homes Are Sitting on the Market 60 + Days — And What That Means For You”

Bank of Canada Cuts Policy Rate to 2.25%

The Bank of Canada has lowered its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. With the impact of U.S. trade actions on growth and inflation now clearer, the Bank has resumed providing projections for both the global and CanadianContinue reading “Bank of Canada Cuts Policy Rate to 2.25%”

When Is the Best Time to Sell and Move Up If You Bought at the 2022 Peak?

This is one of the biggest questions facing Toronto homeowners today — especially young families in areas like Bayview Woods–Steeles, Thornhill, and Richmond Hill who bought between late 2021 and early 2022. You bought at the top, prices dropped, rates rose — and now you’re wondering: When will it make sense to sell this homeContinue reading “When Is the Best Time to Sell and Move Up If You Bought at the 2022 Peak?”

The Uncomfortable Truth About Toronto Real Estate That Everyone Knows but No One Admits

In Bayview Woods–Steeles, Thornhill, and Richmond Hill, every homeowner and buyer feels it — the Toronto real estate market isn’t being powered by logic anymore. It’s running on fear, FOMO, and financial pressure disguised as “smart investing.” Sellers cling to peak-era expectations, buyers stretch to breaking point, and agents paint optimism because honesty doesn’t closeContinue reading “The Uncomfortable Truth About Toronto Real Estate That Everyone Knows but No One Admits”

True Story from Toronto, 2025

In August 2025, in the Mount Pleasant East neighbourhood, a homeowner bought a detached house in January for $1.2 million, then sold it just 7 months later for $1,525,000 — that’s $325,000 gain! What made the difference wasn’t luck. The owner did several well-planned upgrades before listing: Because of those improvements, the home looked fresh,Continue reading “True Story from Toronto, 2025”

Your Neighbourhood Realtor & Handyman — Richard Wang

Hi, I’m Richard Wang, your local Toronto Realtor serving Bayview Village, Bayview Woods–Steeles, Thornhill, and nearby North York communities between Bayview Avenue and Leslie Street. Many of my clients are families or young professionals who’ve built equity in their condos or townhomes and are now ready to move up to a larger detached home —Continue reading “Your Neighbourhood Realtor & Handyman — Richard Wang”

谷底！多伦多8月新公寓仅售出53套，土地房均价仍站稳146万

大多伦多地区（GTA）新屋市场持续低迷，建筑业与土地开发协会（BILD）最新报告指出，区内新屋销售仍处于“谷底水平”，并呼吁政府采取干预措施。由Altus Group为BILD进行的最新统计显示，2025年8月GTA仅售出300套新屋，较去年同期下降42%。其中，公寓或复式联排别墅仅占118套，单户住宅则为182套。 Altus Group研究经理Edward Jegg指出：“2025年8月GTA新屋销售仍未见起色，尤其是高层项目的新推盘数量在过去12个月创历史新低，而竣工量却达到新高，形成鲜明对比。” 数据显示，8月份新公寓销售量同比下跌59%，较10年平均水平大幅下滑90%；单户住宅销售量也同比下降21%，低于10年平均水平59%。从地区销售分布来看： Jegg警告，销售持续疲软与竣工量上升并存，可能导致建筑行业大规模失业。“随着更多项目完工，新屋建筑工人就业难度加大，或将推高整体失业率。” BILD传播、研究及利益相关事务高级副总裁Justin Sherwood表示，预售库存急剧下降反映GTA新住宅市场几乎陷入停滞。该协会呼吁联邦及省政府暂停对100万加元以下新屋征收GST，并敦促市政府降低开发相关费用。报告同时公布，2025年8月GTA新单户住宅的基准价格为1,462,342加元，新公寓基准价格为1,028,782加元，显示土地房价格仍维持在较高水平。

A True Story: Why Choose a Realtor Who is Also a Handyman?

You have a realtor, who is also a handyman. Would you choose him again to buy and sell in the future? I started by drilling holes and using my jig saw to cut out both ends of the rotten parts of the deck boards. Once the bad sections were removed, I measured and installed newContinue reading “A True Story: Why Choose a Realtor Who is Also a Handyman?”

Buying Your First Home? A Guide to Making the Right Choice

Purchasing your first home is an exciting milestone, but it can also feel overwhelming. With so many factors to consider—location, budget, amenities, and future growth—it’s essential to make an informed decision. If you’re looking for a great starter home in the heart of Richmond Hill, this two-bedroom, one-bathroom apartment at 310 Red Maple Rd, Unit 1203,Continue reading “Buying Your First Home? A Guide to Making the Right Choice”

New Price – 1132 Westview Terr-Oakville

SOLD Free Hold Townhome in Oakville for sale by Richard Our Beloved Home at 1132 Westview Terrace: A Story of Love, Growth, and New Beginnings When we first moved into our home at 1132 Westview Terrace in Oakville, we knew it was special. Over the years, we’ve poured our hearts into making it a warm, welcoming spaceContinue reading “New Price – 1132 Westview Terr-Oakville”