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Eileen Wylie
Sales Representative
Accredited Buyer's Representative (ABR®)
Seniors Real Estate Specialist (SRES®)
Accredited Senior Agent (ASA)
Bosley Real Estate Ltd.
P: 416-985-5358
E: eileenjwylie@gmail.com
Latest Blog Posts
Market update week ending February 7th
Eileen Wylie 12 February 2025Toronto home sales jumped 10 per cent in January as buyers responded to lower mortgage rates, but the local real estate board cautioned that potential trade disruptions could slow down the housing market’s momentum.
Market update week ending March 7th
Eileen Wylie 12 March 2025GTA Listing Inventory Remained High, Providing Substantial Choice and Negotiating Power for Homebuyers Homebuyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down compared to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers.
Market update week ending February 28th
Eileen Wylie 06 March 2025Mortgage defaults climb in Ontario as homeowners face renewal at higher rates The anticipated mortgage renewal shock that many experts have warned about seems to be taking hold. According to credit agency Equifax more than 11,000 mortgages in the province of Ontario missed at least one payment in the fourth quarter of 2024, or up 0.22% from 0.19% in the third quarter and 0.12% in the same period of 2023. Nearly three times the number seen in 2022.
Market update week ending February 21st
Eileen Wylie 28 February 2025Reverse Mortgage Down Payment Gifts: Golden Opportunity or Golden Years Gamble? For many of us, homeownership is key to ensuring financial stability in our golden years. For those unable to get on the property ladder due to a lack of funds for a down payment, the long-term financial impact can be significant.
Market update week ending February 14th
Eileen Wylie 16 February 2025Property taxes and tariffs were a major focus for Toronto city councillors this week as they gathered on Tuesday to finalize the 2025 budget. Despite an array of proposed amendments, many of which did not pass, Mayor Olivia Chow’s version of the budget—initially presented on January 30 and consisting of an $18.8-billion operating budget alongside a $59.6-billion capital plan—was largely approved with minimal alterations.
Market update week ending February 7th
Eileen Wylie 12 February 2025Toronto home sales jumped 10 per cent in January as buyers responded to lower mortgage rates, but the local real estate board cautioned that potential trade disruptions could slow down the housing market’s momentum.
Market update week ending March 7th
Eileen Wylie 12 March 2025GTA Listing Inventory Remained High, Providing Substantial Choice and Negotiating Power for Homebuyers Homebuyers continued to benefit from substantial choice in the Greater Toronto Area (GTA) resale market in February 2025. Home sales last month were down compared to the same period last year, while listing inventory remained high, providing substantial negotiating power for homebuyers.
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