Market Prices
Real Estate
Steps
100

What was the average price of homes in Toronto in 2017?

~$920,800

100

Is it mandatory to hire a realtor?

No, it is not. They just make the home buying process easier.

100

Toronto homes are very pricey, so it is very important to....

Build a budget

200

From what we have shown, which year had the lowest average price for homes?

1985

200

Name 1 Realtor company that was mentioned in the presentation

ReMax or RoyalLePage

200

To make sure there are no major problems in the home, you are encouraged to...

Hire a home inspector

300

Give 2 reasons why Toronto's Market prices soared in 2017?

- Imbalance in Supply and Demand

- Foreign Investment 

300

Name at least 2 things a realtor does:

Possible answers:

Shows you homes that match your criteria.

Guide you through the home buying process.

Negotiate the best possible price for your future home.

300

What does finalizing the deal include? 

Final approval of your mortgage & finalizing details of insurance

400

What type of home is the most expensive, and the least expensive in the GTA?

A detached home is the most expensive.

A condo apartment is the least expensive.

400

Name the 2 real estate agents mentioned in the presentation

1. Zelinde Kaiser

2. Teuta Guci

400

In what step do you legally get possession of your house?

Closing day