In The News

October 30, 2024

Calgary leads Canada in house flipping, but those who do it say approach with caution

You’ve likely watched it on reality TV. Someone buys a home, renovates and resells it for a profit. It’s known as house flipping and as it turns out, Alberta, particularly Calgary, leads the country at it.

Calgary Herald

October 24, 2024

Bidding wars for homes are cooling off as year progresses

There’s less fight in the real estate market with more homes going for under, rather than over, list price.

Real Estate Magazine

October 18, 2024

GTA home competition heats up as overbidding rises for first time in six months

For the first time since March, the share of Greater Toronto Area (GTA) neighbourhoods experiencing overbidding has increased, signalling growing competition for single-family homes. According to a recent analysis from Wahi, 13 per cent of the 284 neighbourhoods with at least five home sales in September were in overbidding territory — up from 8.0 per cent in August.

The Globe and Mail

October 9, 2024

The pace picks up in Toronto home sales

A digital real estate platform says competition for single family homes in the GTA has begun to simmer as the share of neighbourhoods in ‘overbidding’ territory increased last month for the first time since March.

DailyHive Calgary

October 9, 2024

Homes in these Calgary neighbourhoods are selling well below asking prices

Now might be the best time to move if you’re looking for a change of scenery, as homes in these Calgary neighbourhoods are seeing some seriously sweet deals.

DailyHive Calgary

October 8, 2024

These five neighbourhoods are the most in demand in Calgary right now

The housing market in Calgary continues to be in high demand, and it seems that some neighbourhoods are even more sought after than others right now.

InSauga

October 7, 2024

Underbidding on homes most common in these Mississauga and Oakville neighbourhoods

Most homes are selling for below the asking price despite some increased activity in the Greater Toronto Area.

BlogTo

October 4, 2024

Buyers are starting to offer over asking price for homes in these GTA neighbourhoods

Spooky season has even Toronto’s struggling real estate market coming back from the dead, with sales on an upward swing for the first time in many months and buyers bidding up selling prices in more neighbourhoods.

InHalton

October 4, 2024

Home buyers can find deals when looking in this Oakville neighbourhood

If you’re looking for a deal when purchasing a new home, check out the neighbourhood of Old Oakville.

Toronto Sun

October 4, 2024

The high cost of a parking space

Condo units with parking can come at a surprisingly significant cost.

InHalton

October 3, 2024

Changes are coming to Canadian mortgages later this year

The federal government is extending mortgage amortizations alongside other changes for homebuyers nationwide, with the adjustments anticipated to take effect later this year.

InSauga

October 1, 2024

Here are some celebrities who you didn’t know live in Ontario

While Ontario is home to a vast majority of people, it also is a favoured locale for a number of celebrities.

September 27, 2024

Why the suburban family home is still the Canadian dream

A recent survey of Canadians shows most people still hold the single detached suburban home is the ideal. Amanda Lang interviews Benjy Katchen, the CEO of Wahi, who conducted the survey, to find out why that is.

InDurham

September 16, 2024

10-storey tower proposed for busy part of Oshawa

An area near Durham College and the University of Ontario Institute of Technology that’s already seeing some new developments could soon be home to a 10-storey building.

InSauga

September 13, 2024

64% of homebuyers want a single-family house in Canada: dream home survey

A new survey reveals what Canadians are looking for in a dream home.

Now Toronto

September 7, 2024

70% of homes in the GTA sold for below asking in August: report

According to Wahi, out of the 272 neighbourhoods where at least five homes sold in August, 89 per cent were in underbidding territory, up from 82 per cent in July.

BlogTo

September 6, 2024

More buyers are offering way under asking price for homes in certain areas of the GTA

Toronto’s housing market has been in a state of torpor for some months, with tens of thousands of homes up for sale and hardly anyone buying them — a far cry from the stiff competition and blind demand that once was.

STOREYS

September 5, 2024

70% of GTA homes, 80% of condos selling for below listing price

As Greater Toronto Area homeowners continue to find themselves going toe-to-toe with affordability, new data suggests that they’ve become “less stubborn” when it comes to what they’ll let their properties sell for.

InSauga

September 5, 2024

70% of homes are selling for below list price in the Greater Toronto Area

More homes sold for less than the list price in the Greater Toronto Area this summer.

CBC

September 5, 2024

GTA home sales decline in August as prices edge lower

Average sale price of GTA homes was $1,074,425 last month, TRREB says

Toronto Star

September 5, 2024

Toronto-area home sales decline in August, but rate cut could spur activity: board

The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.

CP24

September 5, 2024

Toronto-area home sales decline in August, but rate cut could spur activity: board

The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.

CHCH

September 5, 2024

A new app to help find the perfect home

Finding the perfect house can be a stressful process, but with a new house-hunting app, you can now get more choice and control. The president and CEO of Wahi, Benjy Katchen discussed how this app improves the homebuying journey by making it more efficient and relevant.

The Canadian Press

September 5, 2024

Toronto-area home sales decline in August, but rate cut could spur activity: board

The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.

DailyHive

September 4, 2024

These Calgary neighbourhoods have the cheapest condos

The real estate market in Calgary is exploding but some neighbourhoods are more affordable than others, offering the cheapest condos in the city.

August 30, 2024

These Calgary neighbourhoods have the most expensive condos

The real estate market in Calgary is in high demand with prices in the city among some of the fastest growing in Canada, and some neighbourhoods are more expensive than others.

Glory Media

August 29, 2024

POWER 50: Meet Canada’s Most Impactful Companies of 2024

This year’s Power 50 celebrates those who embody this dynamic spirit of Canadian leadership. These honourees excel in their fields, foster innovation, and make meaningful contributions that resonate locally and globally. From pioneering startups to creative enterprises to progressive organizations, they are leading with purpose and creating a legacy of progress that inspires future generations.

Streets of Toronto

August 29, 2024

This is how much you could make renting out your basement in Toronto

We know how expensive it can be to rent in Toronto — as of last month, the median rent (for all bedroom counts and property types) in the city was $2,595. This is about 33 per cent higher than the national average, according to recent market trends. For tenants looking for a cheaper place to live, basement units have long been the ideal compromise — sure, the light isn’t great, but it’s worth it for a discount on rent. But new research shows that basement apartments can now be just as expensive as above-ground units in Toronto, depending on the community you rent in.

BlogTo

August 27, 2024

Here’s how much you can make renting your basement in and around Toronto

The fact that Toronto rent prices are easing up ever so slightly doesn’t really mean much given that we’re still the third-priciest place for tenants in the entire country, and a new report is shedding light on how costly even less desirable apartments in the city can be.

InSauga

August 27, 2024

Here’s how much you can earn renting a basement in Mississauga, Brampton, Oakville and the GTA

As homeowners struggle with increased mortgage costs, many might consider renting their basement for some extra income. A new report from digital real estate website Wahi looks into how much homeowners can earn in different parts of the Greater Toronto Area.

Daily Hive

August 27, 2024

These are the most affordable neighbourhoods in Calgary right now

The real estate market in Calgary is in high demand as house prices in the city are among some of the fastest growing in Canada, but some neighbourhoods are more affordable to buy into than others.

InSauga

August 23, 2024

Where to find condos for less than $550K in southern Ontario

The average price for a condo in the Toronto area stood at more than $700,000 in July, but there are still some places where you have a good chance to get one for less than $550,000.

Streets of Toronto

August 23, 2024

Toronto condos under $550K seeing more activity despite sluggish market

With a condo market that has hit recessionary levels and sales that haven’t bounced back despite a few interest rate cuts, buying or selling a condo can feel futile in Toronto. But a new study found that, despite sluggish conditions, one segment of the market is seeing more action and sales than last year — units under $550,000.

Now Toronto

August 22, 2024

Here’s where you can buy a condo in the GTA for under $550K: report

Finding a condo in the Greater Toronto Area for less than $550,000 is rare, but not impossible, a recent study finds.

Thorold Today

August 21, 2024

Competition for homes in Niagara grinds to a halt

Buyers in Niagara have more choice than at any point in the last five years.

Durham Post

August 19, 2024

Buyer competition dramatically drops in Durham

As temperatures in the Greater Toronto Area continued to rise in July, homebuyer competition did the exact opposite. Competition for homes continued to decrease in parts of the GTA , including Durham Region.

Real Estate Magazine

August 19, 2024

GTA home bidding activity cools in July while Hamilton heats up: Wahi

The Greater Toronto Area (GTA) housing market saw a noticeable drop in bidding competition this July, marking the fourth consecutive month of decline, according to Wahi.

BlogTo

August 14, 2024

Parking spots are adding a ridiculous amount to the cost of Toronto condos

Trying to find parking in Toronto is almost always guaranteed to be an arduous and costly affair, with fewer and fewer options as old spaces or entire lots are converted to housing, parks, bike lanes and more — something that most celebrate as big wins, but which some drivers and business owners may resent.

Real Estate Magazine

August 14, 2024

Most Calgary neighbourhoods now in overbidding territory: Wahi

Between May and July, Calgary saw homes selling for above list price in over half of its neighbourhoods (54 per cent), marking a 13 per cent jump in overbidding since the first quarter of this year (41 per cent), Wahi reports.

InSauga

August 8, 2024

82% of homes selling for under the asking price in Mississauga, Oakville and the GTA

A cooler real estate market is leading to more homes selling for under the asking price across the GTA.

BlogTo

August 7, 2024

Over 80 per cent of Toronto-area homes are selling below asking price

The Greater Toronto Area real estate market is in turmoil with a glut of homes on the market and houses across the region selling at shocking losses.

Montreal Gazette

August 7, 2024

Elboya leads Calgary for highest median bid on sales over list price

One of Calgary’s toniest communities is leading the city in a new study examining how much homes are selling over list price.

Calgary Herald

August 1, 2024

Southwest Calgary sees most sales of single-family homes under $500,000

Communities in southwest Calgary saw the most sales of affordable single-family homes for much of the first half of 2024, a new survey has found.

July 31, 2024

Some Hamilton neighbourhoods already in ‘overbidding territory,’ amid market slump

The Bank of Canada’s key interest rate cut could breathe life into a slumping Hamilton housing market, with one digital real-estate company predicting more bidding competition on the horizon.

Daily Hive

July 30, 2024

Beautiful Vancouver home listed for $1.43M under assessed value

A beautiful and well-maintained Vancouver home has been listed for an asking price of less than half the assessed value.

Daily Hive

July 26, 2024

Looking for a deal? Homes in these Calgary neighbourhoods are selling below listing prices

It’s no secret that home prices in Calgary have been skyrocketing, but there are some neighbourhoods where you might be able to nab a deal.

Daily Hive

July 25, 2024

These five neighbourhoods are the most in demand in Calgary right now

The housing market in Calgary continues to be in high demand, and it seems that some neighbourhoods are even more sought after than others right now.

National Post

July 23, 2024

Real estate’s AI revolution

Your next home purchase may be clinched by an algorithm.

Real Estate Magazine

July 19, 2024

Overbidding trend eases: Lower competition for GTA homes despite interest rate cut

Last month, the GTA’s share of neighbourhoods in overbidding territory declined for the third month in a row, despite the Bank of Canada’s interest rate cut.

DailyHive

July 18, 2024

Why this Vancouver home assessed at $2.8M sold for just $902K

A Vancouver home shockingly sold for under one million dollars, a rare feat for real estate in the city.

InSauga

July 16, 2024

Mississauga takes first place for underbidding standards for property in the GTA

As the provincial real estate market continues to shift over the summer, so has the landscape of property listings. According to the real estate research team at Wahi, due to an uneventful and sluggish Spring market season, an abundance of property listings have flooded provinces nationwide — and cities in Ontario are no exception.

The Globe and Mail

July 8, 2024

Wahi announces expansion and launches first AI-powered Realtor recommendation system in Alberta

The digital real estate company redefines the homebuying experience by putting more power into consumers’ hands.

Real Estate Magazine

July 8, 2024

Calgary sees 13% drop in sales amid supply challenges, rising prices and bidding wars: CREB, Wahi

Last month, Calgary had 2,738 residential sales, 13 per cent less than last year’s record high, the Calgary Real Estate Board (CREB) reports. However, this is over 17 per cent more than long-term trends.

BlogTo

July 3, 2024

Buyers starting to offer way less than asking price for homes in these areas of the GTA

The average price of a home in the Toronto area may still be an outlandish $1,165,691 as of May, but record low sales activity and a flood of homes hitting (and sitting on) the market is lending would-be owners more options and less urgency in their search.

CTV News Calgary

July 3, 2024

New home buying app

Buying a house can be just a click away. We’ll tell you about an app that personalizes listings and allows you to collaborate, book showings, and chat with your realtor.

Calgary Herald

June 27, 2024

Mortgage pressure not likely to unhouse many homeowners

New survey finds downsizing, upsizing and relocating are the main reasons homeowners are thinking about selling.

DailyHive

June 26, 2024

You can still find homes for under $500K in these 10 Calgary neighbourhoods

While Calgary’s housing market continues to explode, the average cost of a home is out of reach for many locals, but some neighbourhoods are easier to buy into than others.

Financial Post

June 19, 2024

Posthaste: Have interest rates forced Canadians to sell their homes?

Cost of living drives 11% of homeowners to sell, survey finds.

Real Estate Magazine

June 19, 2024

Main reasons Canadians sell their homes: To upsize or downsize

Wahi’s 2024 Homebuyer Intentions survey found that two of the top reasons Canadians sell their homes are about size. Contradictory to much talk about high living costs and interest rates, affordability wasn’t a top motivator.

InSauga

June 14, 2024

Here’s why some people may sell their home in the next 5 years in Canada

It has been a tough few years for homeowners, with rising mortgage costs and increases in the cost of living in Canada. But most people still want to stay in the real estate market, according to a new survey from digital real estate platform Wahi.

Real Estate Magazine

June 12, 2024

Bidding wars still happening in the GTA, with lower interest rates a catalyst for even more

Last month, 36 per cent of Greater Toronto Area (GTA)’s neighbourhoods were in overbidding territory, which declined for the second month in a row, after being at 39 per cent in April and 43 per cent in March, Wahi reports. A year ago, it was significantly higher at 68 per cent.

BlogTo

June 6, 2024

Buyers are now offering way less than asking price for homes in these parts of the GTA

Toronto may be known as one of the most overpriced cities in the world for housing and full of competition between those vying to own a place of their own, but a drastic decline in market activity over recent months has changed the narrative.

InSauga

June 6, 2024

Home buyers looking for deals in expensive Oakville neighbourhoods

Three Oakville neighbourhoods made a list of the most under-bid for homes sales in the GTA.

May 31, 2024

These condo buildings in Calgary have the highest fees in the city

While home prices in Calgary continue to skyrocket, condo demand in the city seems to be outpacing other property types, and some buildings are more expensive than others.

STOREYS

May 24, 2024

Where to buy a GTA house for under $1M

While the glory days of finding an abundance Greater Toronto Area (GTA) non-condo homes for less than $1 million may be behind us, houses at this price point aren’t extinct (yet).

Real Estate Magazine

May 24, 2024

Calgary market thrives despite high interest rates: Homes in 49% of neighbourhoods sell above asking price

Despite widespread affordability challenges and high interest rates, the real estate market in Calgary has been very strong, with 92 homes in 49 per cent of its neighbourhoods selling for above asking price between January and April, according to Wahi’s inaugural Calgary Market Pulse report.

BlogTo

May 23, 2024

Here are the. bestplaces where you can still buy a house for under $1million in the GTA

Even in this high interest rate environment and these less-than-ideal economic conditions, the average price of a home in the Toronto area is still inching upwards rather than falling — but a new report shows where you can still get a relative deal if you’re in the market for a place of your own.

Insauga

May 23, 2024

Here’s where you can buy a house for under $1M in the GTA

Finding a home for under $1 million can be a challenge in the Greater Toronto Area, particularly if you are looking for a house, not a condo.

Streets of Toronto

May 23, 2024

Here is where you can buy a house in the GTA for less than $1 million

Houses for less than $1 million have become pretty rare in the Greater Toronto Area (GTA) in recent years, but they’re not entirely extinct. A recent report compiled by digital real estate platform Wahi found that, overall, there were 20 out of 30 communities across the GTA with median sold prices (for non-condos) below the $1 million mark last month, with Durham dominating the top 10.

Dailyhive

May 22, 2024

These are the 10 most affordable neighbourhoods in Calgary right now

The real estate market in Calgary is in high demand right now, which has forced rent and house prices in the city to rise dramatically, but some neighbourhoods are more expensive than others.

Dailyhive

May 16, 2024

These are the 10 most expensive neighbourhoods in Calgary 

The real estate market in Calgary is in high demand right now, which has forced rent and house prices in the city to rise dramatically, but some neighbourhoods are more expensive than others.

Dailyhive

May 10, 2024

5 neighbourhoods that are most in demand in Calgary right now

The housing market in Calgary continues to be in high demand, and it seems that some neighbourhoods are even more sought after than others right now.

Real Estate Magazine

May 9, 2024

Condo sales rise in the GTA as prices stabilize and renters eye homeownership

The GTA’s condominium apartment sales increased in the year’s first quarter to 4,747, compared to the same period of 2023 and up 5.3 per cent year-over-year, the Toronto Regional Real Estate Board (TRREB) reports. Plus, new condominium listings increased by 23 per cent during this time. All in all, buyers had more choices as average prices crept down.

The Globe & Mail

May 8, 2024

Hesitant home buyers tap the brakes on April sales drive

Traditionally, May represents the zenith of sales and prices in the Toronto-area real estate market. This year may be different.

InSauga

May 6, 2024

Homes are selling for under the asking price in these southern Ontario communities

76 per cent of Canadians who bought a home within the last five years say they have no regrets despite rising interest rates and mortgage payments, according to a recent Wahi survey.

Toronto Sun

May 3, 2024

Most Canadians happy to be homeowners

76 per cent of Canadians who bought a home within the last five years say they have no regrets despite rising interest rates and mortgage payments, according to a recent Wahi survey.

Ottawa Life Magazine

April 24, 2024

Wahi’s ultimate home-hunting app is now couples-friendly

76 per cent of Canadians who bought a home within the last five years say they have no regrets despite rising interest rates and mortgage payments, according to a recent Wahi survey.

Real Estate Magazine

April 24, 2024

Three-quarters of recent Canadian homebuyers don’t regret their decision, despite affordability issues

76 per cent of Canadians who bought a home within the last five years say they have no regrets despite rising interest rates and mortgage payments, according to a recent Wahi survey.

InSauga

April 23, 2024

IAs the real estate market heats up, many people may be looking into homeownership.

It has been a tough few years for homeowners, with rising mortgage costs and increases in the cost of living in Canada. But most people still want to stay in the real estate market, according to a new survey from digital real estate platform Wahi.

Canadian Business

April 19, 2024

The 25 most innovative companies of 2024

For the third year in a row, we’re celebrating the companies that do business better—with passion, purpose and a people-first outlook. Here are 25 disruptors setting the new standard.

InSauga

April 15, 2024

Ontario homebuyers happiest in Canada about their purchase: survey

If you ask realtors and economists, they’ll tell you the spring real estate market has been surprisingly robust compared to expectations. It’s only when you zoom in on submarkets that the more troubling trends appear.

Curiocity

April 14, 2024

10 of the best things to do in Toronto this week (April 15 to 19)

If you ask realtors and economists, they’ll tell you the spring real estate market has been surprisingly robust compared to expectations. It’s only when you zoom in on submarkets that the more troubling trends appear.

Real Estate Magazine

April 11, 2024

Overbidding wave sweeps the GTA’s housing market in March

Last month, the Greater Toronto Area (GTA)’s housing market witnessed a surge in overbidding, continuing the trend set in February, according to Wahi’s latest Market Pulse Report. Yet, as recently as January, no GTA neighbourhoods were experiencing overbidding conditions.

The Globe and Mail

April 10, 2024

A ‘weird’ March shows real estate market still off balance

If you ask realtors and economists, they’ll tell you the spring real estate market has been surprisingly robust compared to expectations. It’s only when you zoom in on submarkets that the more troubling trends appear.

Storeys

April 9, 2024

No regrets: Vast majority of Canadian homeowners don’t have buyer’s remorse

Canadian homeowners don’t have buyer’s remorse when it comes to the roof over their heads with more than 75% who have purchased a home since 2019 saying they don’t regret the decision at all.

InSauga

April 5, 2024

Home bidding wars intensify in these southern Ontario communities 

As summer approaches many people might be thinking of creating a backyard oasis and a new list of homes for sale with incredible backyards in Ontario might offer some inspiration.

Real Estate Magazine

April 5, 2024

Young Canadians face housing hurdles as student debt impacts homeownership dreams

Good luck, parents and grandparents hoping to get a pat on the back for those tall tales about the challenges you endured growing up. Now it’s millennials and Gen Z receiving all the sympathy for the hurdles they go up against.

Storeys

April 4, 2024

Overbidding intensifies with arrival of GTA’s spring selling season 

In March, 43% of GTA neighbourhoods found themselves in overbidding territory, compared to just 25% in February and 35% from a year ago.

InSauga

April 3, 2024

5 homes with unbelievable backyards in Ontario including one in Mississauga 

As summer approaches many people might be thinking of creating a backyard oasis and a new list of homes for sale with incredible backyards in Ontario might offer some inspiration.

Real Estate Magazine

April 1, 2024

GTA condominium fees: The regional spectrum and what homeowners get in return 

Many factors contribute to what homeowners can afford month to month, including condominium fees.

March 28, 2024

5 Simple wealth-building tips for this generation’s forward thinkers 

Explore practical finance tips for young professionals striving to overcome economic challenges.

BNN Bloomberg

March 27, 2024

Young people paying ‘astronomically high living expenses’: insolvency trustee

Following reports that younger Canadians are willing to make sacrifices to own a home, insolvency trustees say many should consider renting instead.

BlogTo

March 27, 2024

Here are the condo buildings with the highest and lowest maintenance fees in the GTA

Condo maintenance fees are among the countless costs of living in Toronto that have surged fiercely in the last few years, with a recent investigation finding that in some parts of the city, these bills are now increasing by double the amount they usually do per year.

Real Estate Magazine

March 26, 2024

House-hunting app feature for couples delivers recommended properties, favourite listings and more

Last week, Wahi launched its new home-hunting experience for couples as a feature on the Wahi app.

InSauga

March 26, 2024

10 Condos with the highest and lowest fees in the Toronto area

A new report reveals Greater Toronto Area condo buildings with the highest and lowest fees and what those fees include.

Real Estate Magazine

March 12, 2024

They’re back: The GTA is seeing bidding wars once again

In February, the Greater Toronto Area (GTA) saw 25 per cent (76 of 303 total) of its neighbourhoods get into overbidding territory, from 0 per cent the month before, Wahi reports.

Toronto Star

March 9, 2024

This Mississauga family wanted a detached house for less than $900,000. They found it in an affordable haven to the east

They move from Mississauga east to Bowmanville in the search for value, and leave behind a home close to urban amenities for good-sized house near friends.

InSauga

March 6, 2024

Overbidding has returned to many neighbourhoods in Ontario, particularly in the GTA.

The real estate market in Calgary is in high demand right now, which has forced rent and house prices in the city to rise dramatically, but some neighbourhoods are more expensive than others.

BlogTo

March 6, 2024

Bidding wars have returned as the GTA’s housing market heats back up

Overbidding has officially returned to dozens of GTA neighbourhoods ahead of the spring selling season, with multiple areas across the region entering sellers’ territory last month, according to real estate agency Wahi’s latest market report.

Now Toronto

March 3, 2024

Number of GTA neighbourhoods in underbidding territory reaches new high. Here’s the areas to look out for

The number of GTA neighbourhoods in underbidding territory is at the highest level in more than a year, according to new report.

Edmonton Journal

March 1, 2024

Edmontonians signal increase in home buying intentions

Alberta’s young population, in-migration and a possible increase of listings with spring market could be boosting interest in buying a home.

Calgary Herald

March 1, 2024

Albertans intent on buying homes this year

Even as migration and a youthful population stoke interest in buying a home in Alberta, many are watching interest rates carefully.

Toronto Sun

February 23, 2024

Couples who buy together, stay together

A Wahi-Angus Reid survey found that those who bought their home with a partner were about 10 times as likely to say it helped their relationship (34%) compared to those who said it made it worse (3%).

InSauga

February 21, 2024

Photos: 10 most romantic homes for sale in Canada released, Mississauga house featured

Buying a new home can be a challenge for a new couple but if you are in the market for something special, online real estate brokerage Wahi has put together a list of the most romantic homes for sale across Canada.

InSauga

February 13, 2024

Home underbids are around $188K in this Mississauga neighbourhood

As the real estate market remained sluggish this winter, one Mississauga neighbourhood had the highest underbidding on homes in the GTA.

Forbes Advisor

February 9, 2024

Best time to buy a house in Canada in 2024

The Canadian housing market has been on a wild ride the last few years. Add in the rising cost of rent (up 8% in 2023, according to the Canada Mortgage and Housing Corporation), and you might be wondering if 2024 is the year to buy a house.

January 29, 2024

Record underbidding dominates GTA real estate market: Wahi reveals top neighbourhoods

Last month, underbidding in GTA’s market hit levels never seen before, with 98 per cent of the region’s neighbourhoods in the underbidding realm, an analysis from Wahi says.

Toronto Sun

January 19, 2024

The most — and least — expensive GTA real estate markets of the year

We look back at some of the affordability highlights from Wahi’s 2023 GTA Housing Snapshot report, including where you’d find some of the more affordable condos and houses in the GTA’s five regions.

Real Estate Magazine

January 19, 2024

2024 homeownership surge with nearly one in five Canadians eager to buy, especially younger groups: Wahi

2024 might just be the year that many Canadians buy a home — nearly one in five to be precise — as a recent survey on Canadians’ homebuying plans from Wahi finds.

Financial Post

January 11, 2024

Buying your first home? These are the top 3 tax strategies to use

Nearly one in five Canadians aged 18 and up say they “probably will or may” buy a home in 2024, according to a new Wahi Realty Inc. survey of Angus Reid Forum members that looks at homebuyer intentions for the new year as well as what they are doing to make their ownership dreams come true.

Insauga

January 10, 2024

People in these Canadian provinces are most likely to buy a new home in 2024

A new survey from real estate brokerage Wahi finds nearly one in five Canadians 18 years old and up say they probably will or may buy a home this year. The survey of Angus Reid Forum 1,508 members looked at homebuyer intentions for 2024, Wahi said in a press release.

Daily Hive

January 9, 2024

Nearly one in five Canadians will consider buying a home in 2024: survey

According to a new survey of members of Canadian polling community Angus Reid Forum, on behalf of Toronto-based real estate brokerage firm Wahi, 18% of Canadians aged 18 and over indicate they will consider buying a home in 2024.

BlogTO

January 2, 2024

Ontario home sold way below asking price sheds light on state of real estate market

At the end of 2023, nearly all neighbourhoods in the GTA (93 per cent) were found to be in the “underbidding territory,” with prospective buyers sometimes submitting offers up to six figures lower than the asking price, according to another real estate agency, Wahi.

Real Estate Magazine

December 29, 2023

The year in review: REM’s top 10 of 2023

“The Greater Toronto Area’s (GTA) real estate market has witnessed a swift transformation, shifting from rampant overbidding earlier this year to a surge in underbidding in August. Wahi’s recent analysis reveals that 70 per cent of the 245 GTA neighbourhoods have now entered underbidding territory.

Global News

December 17, 2023

Underbidding now taking place in many real estate markets across Ontario: realty company

Wahi, which offers a wide range of real estate services to consumers, analyzed the data in 10 cities outside the GTA, including Hamilton, Ottawa, London, Barrie and the three cities in Waterloo Region, with Kitchener being the only one that had not been affected on average by underbidding.

CityNews Kitchener

December 13, 2023

Home sales and prices decrease in Waterloo Region this year

According to Wahi’s 2023 Housing Snapshot Report, which gives insight and analyzes data from Waterloo Region Real Estate Markets, the region is seeing a short drop in prices year-over-year.

Ottawa Life Magazine

December 12, 2023

WAHI’S 2023 Ottawa Housing Report Provides Valuable Insights And Analysis

Last week, the WAHI 2023 Ottawa Snapshot Housing Market Report was published, and it provides a compelling insight into the dynamics that are shaping the real estate landscape in the nation’s capital.

InBrampton

December 11, 2023

House in Brampton goes for $1.8M under the asking price

Real estate brokerage Wahi compiled the 2023 Greater Toronto Area’s housing snapshot report looking at the most expensive and least expensive areas to buy a home, condo and areas where overbidding and underbidding are most common.

BlogTO

December 11, 2023

Underbidding on homes hits 10-year high in Toronto and here’s where buyers offer the least

According to a report published Monday by real estate agency Wahi, nearly all neighbourhoods in the GTA — a total of 93 per cent — are in what the firm calls underbidding territory as of November, with people offering sometimes six figures lower than the asking price.

Toronto Star

December 7, 2023

‘Like a California beach house’ in the GTA: Inside this $5.3M Mississauga home

Lakeview is a scenic neighbourhood due to its proximity to parks and Lake Ontario, according to a report by Wahi, a website that provides real estate insights.

On the Market Podcast

December 2, 2023

Patrick Romann – Mortgage Specialist / Benjy Katchen – CEO of Wahi

Episode 261

Get Connected Media

December 2, 2023

AI can help

Mike Agerbo Interviews Wahi’s Head of Data Science, Eman Nejad.

November 30, 2023

Five Canadian companies share experiences and use cases for generative AI at AWS re:Invent 2023

WAHI is a startup, less than a year old, but the company has already become a disrupter in the real estate market, with a “cashback” promise passing the savings back to the buyers. Their AI offering promises even further disruption.

Toronto Sun

November 24, 2023

Huge comeback in the GTA: Open houses as a marketing tool

Wahi’s latest analysis of overbidding and underbidding neighbourhoods in the GTA shows nearly 81% of the region’s neighbourhoods were in underbidding territory in October.

Real Estate Magazine

November 14, 2023

Huge comeback in the GTA: Open houses as a marketing tool

“There were 1,965 open houses across the GTA in October, making it the biggest month since at least 2019 in any month through all periods,” says Katchen. “In October 2022 there were 930, so it’s more than double that now.”

Real Estate Magazine

November 8, 2023

Deals to be had? Just 2 large Ontario markets in overbid conditions: Wahi

Last month, eight of Ontario’s 10 largest cities (outside of the GTA) were experiencing underbids on homes, a report from Wahi shows. Barrie, Guelph and Hamilton were at the top of the list, with median sale prices bid down by 3 per cent compared to median list prices.

Toronto Sun

October 27, 2023

Here’s what you need to buy a home in the Niagara region

Wahi analyzed data from 245 housing markets, including 50 cities, across Ontario — including 10 in Niagara — to show prospective homebuyers where they can potentially afford to purchase property, depending on their earnings and local home prices.

Real Estate Magazine

October 25, 2023

Waterloo region: one of Ontario’s least affordable housing markets

The Waterloo region – which includes the Cambridge, Kitchener, and Waterloo areas and their multiple neighbourhoods – has become one of the priciest housing markets in Ontario, says a report from Wahi.

Real Estate Magazine

October 12, 2023

GTA sees growing trend of homes selling below list price

According to Wahi’s September 2023 Market Pulse Report, approximately 74 per cent of GTA neighbourhoods are now in underbidding territory — meaning more homes are selling for less than list price.

Storeys

October 10, 2023

Almost 75% Of GTA Neighbourhoods Are In “Underbidding Territory”

Though fall is when bidding activity typically “heats up,” a new report reveals that higher interest rates and inflation are quelling competition amongst GTA homebuyers.

Real Estate Magazine

October 2, 2023

Wahi expands into Nova Scotia with AI-powered realtor recommendation system

Digital real estate platform Wahi has recently announced its expansion into Nova Scotia, marking the company’s entrance into the Atlantic Canada market.

Toronto Sun

September 29, 2023

What you need to earn to buy a home in Hamilton

Wahi analyzed data from 245 housing markets across Ontario — including six in Hamilton — to show prospective homebuyers where they can potentially afford to purchase property, depending on their earnings and local home prices.

Ottawa Life Magazine

September 19, 2023

Wahi Helps Ontarians To Become Homeowners

The digital real estate platform has been following housing prices across the province of Ontario and, based on a survey of 245 markets (areas with less than 50 transactions in the first three months of the year were excluded), has created a Digital Roadmap to Housing Affordability.

Real Estate Magazine

September 13, 2023

Overbidding trend in the GTA has “totally reversed”

Real estate brokerage Wahi compiled the 2023 Greater Toronto Area’s housing snapshot report looking at the most expensive and least expensive areas to buy a home, condo and areas where overbidding and underbidding are most common.

MSN Money

August 25, 2023

AI can help homebuyers and sellers make the most informed choice when it comes to choosing a realtor

Benjy Katchen is the CEO of Wahi, a digital real estate platform that includes access to market data, offers agent-level insights on the latest listings, and has the ability to match with top realtors in their area.

Toronto Sun

August 25, 2023

Technology can help you find the right realtor

Digital real estate platform Wahi recently launched a free AI-powered realtor recommendation system that connects consumers with top realtors in their area that are best suited for them.

CTV Your Morning

August 16, 2023

New real estate app uses AI

Wahi harnesses the power of AI to do everything from aggregating data to creating instant estimates and even matching customers with real estate agents based on the preferences.

Toronto Sun

July 28, 2023

How technology can help sell your home

When it comes to buying or selling a home, the more you know, the more control and confidence you have throughout the process, says Benjy Katchen.

On the Market Podcast

July 29, 2023

*Encore Presentation* – Simona Zaslavsky – Paralegal / Benjy Katchen – CEO of Wahi

Episode 243

July 27, 2023

“We call it the Tinder of real estate”: This app uses AI to help you house-hunt

Benjy Katchen is the founder of Wahi, an app that uses artificial intelligence to help buyers navigate the real estate market—and even earn part of their own commission.

Toronto Star

July 22, 2023

A Toronto home buying service powered by artificial intelligence has launched that pays you to buy a house — should real estate agents be afraid?

Artificial intelligence is crashing Toronto’s housing market with a new service that crunches data and offers insights like no human could. Real estate agents say they’re not worried — yet.

iHeartRadio

July 16, 2023

TECH TALK With Marc Saltzman

Marc Saltzman talks to Benjy Katchen about how Wahi uses tech to helps homebuyers and sellers.

Toronto Sun

July 14, 2023

Wahi says its new plug-in improves home buying process

There is additional help for home buyers across the GTA now available following the release of a new software “plug-in” by Toronto real estate platform developer Wahi that uses artificial intelligence to help with the entire acquisition process.

IT World Canada

July 12, 2023

Digital real estate platform developer Wahi embracing AI in big way

According to Benjy Katchen, the founder and chief executive officer (CEO) of Wahi, which has developed its own real estate platform, the organization began development of the plugin soon after the release of ChatGPT-4, which occurred last November.

Financial Post

July 12, 2023

Digital real estate platform developer Wahi embracing AI in big way

ChatGPT applications are springing up everywhere, including at Wahi, a Toronto firm that specializes in real estate data and analytics. It has already received approval from OpenAI  for its plugin for the generative artificial intelligence (GenAI) chatbot.

Real Estate Magazine

July 12, 2023

Competition eases in GTA as overbidding levels decline in June

A recent analysis by Wahi shows 62 per cent of GTA neighbourhoods were in overbidding territory in June, down from 68 per cent in May.

Real Estate Magazine

June 27, 2023

GTA real estate market: Overbidding frenzy continues

According to a recent analysis by Wahi, 68 per cent of GTA neighbourhoods experienced overbidding in May, up from 57 per cent in April, reflecting a persistent upward trend throughout the year. 

On the Market Podcast

June 24, 2023

Colin Mason – Mortgage Broker / Benjy Katchen – CEO of Wahi

Episode 238

Real Estate Magazine

June 23, 2023

Wahi launches evidence-based ratings & lead generation system

Real estate platform Wahi has launched an artificial intelligence-powered realtor recommendation system that aims to provide consumers with top realtors in their areas, and realtors with lead generations for clients.

Yahoo! Finance

June 22, 2023

Wahi Launches First AI-Powered Realtor Recommendation System in Canada

Today, Wahi launched an AI-powered realtor recommendation system that puts consumers in the know by arming them with the information and data they need to find the right realtor for them.

Insauga

June 20, 2023

Oshawa and Durham leads GTA in detached homes under $1 million

The sub-$1-million detached home seems to be facing extinction in the Greater Toronto Area, but homebuyers willing to keep an open mind about location can still purchase a standalone house in the high-six-figure range – especially in Durham Region – according to new analysis from Wahi.

Toronto Sun

June 16, 2023

Technology has made home buying a lot easier

A combination of a digital approach to home buying and human ability is what ultimately will help buyers find their ideal home faster, says Benjy Katchen.

Insauga

June 14, 2023

Affordable Mississauga neighbourhood makes list of best places to avoid a bidding war

Rising prices can lead to bidding wars and in May 68 per cent of GTA neighbourhoods landed in overbidding territory, Wahi, a digital real estate platform, noted in a recent report.

Canadian Business

May 11, 2023

CB Innovation Awards 2023: Trailblazing Companies Challenging the Status Quo

The real estate sector got a shock when this start-up launched an alternative-home-sales platform that gives homeowners more options and more control when selling their properties.

Real Estate Magazine

May 5, 2023

57% of GTA neighbourhoods are in overbidding territory

With the spring real estate market continuing to heat up, the majority of Greater Toronto Area neighbourhoods entered overbidding territory last month, according to digital real estate platform Wahi.

April 29, 2023

Christopher Alexander – President ReMAX Canada / Benjy Katchen – CEO of Wahi

Episode 230

Toronto Sun

April 28, 2023

Technology is putting home buyers in the driver’s seat

Artificial intelligence is crashing Toronto’s housing market with a new service that crunches data and offers insights like no human could. Real estate agents say they’re not worried — yet.

Canadian Business

April 20, 2023

Here’s What Went Down at the CB Innovation Awards 2023 Luncheon

The event brought together Canada’s senior business leaders and emerging entrepreneurs.

On the Market Podcast

April 15, 2023

Christopher Alexander – President ReMAX Canada / Benjy Katchen – CEO of Wahi

Episode 228

Toronto Sun

April 14, 2023

Affordability factor has buyers looking further afield

According to data from proptech firm Wahi, of 31 regions in the GTA from Oakville to Oshawa, the five most affordable areas to buy a condo are Oshawa, the former City of York in Toronto, Clarington in Durham Region, Scarborough and Brampton.

Toronto Star

April 8, 2023

Their search for an affordable condo paid off

In resales, some parts of the GTA offer more bang for the buck, according to a February analysis by digital real estate platform Wahi.

BlogTO

March 18, 2023

These are the cheapest places in the GTA to buy a condo right now

Digital real estate platform Wahi looked into some of these lower-priced pockets, where prospective buyers can still find a place to call home for well below the regional averages.

Real Estate Magazine

March 15, 2023

GTA market sees surge in overbidding: report

In February, homes sold for an average of 17.9 per cent less than the previous year, and sales volume decreased by 47 per cent. However, there are now early signs of an uptick in demand and competition among buyers, according to the latest data from Wahi, a digital real estate platform. 

Curiocity

March 15, 2023

Here are the best neighbourhoods for nightlife in Toronto

According to real estate platform Wahi, there are three neighbourhoods in the city that they consider the BEST for nightlife.

Toronto Sun

March 11, 2023

Find the right neighbourhood for you

If you’re planning to buy a home, you likely want to invest in the best neighbourhood you can afford. But what makes a neighbourhood a homebuyer’s top choice?

Curiocity

March 9, 2023

Here are the best neighbourhoods for foodies in Toronto

Real estate platform Wahi is behind the new ranking, having used Local Logic, a location intelligence platform, to rank GTA neighbourhoods in Toronto, York, Peel, Durham, and Halton.

Real Estate Magazine

March 1, 2023

New ranking system analyzes 400 GTA neighbourhoods

Digital real estate platform, Wahi, has released it’s Where to Live 2023 rankings. The interactive ranking lists the top neighbourhoods in each Greater Toronto Area region.

Yahoo! Finance

February 28, 2023

Here are the best neighbourhoods for foodies in Toronto

Wahi’s new Where to Live 2023 rankings reveals top neighbourhoods in each GTA region across multiple lifestyle categories.

Real Estate Magazine

December 13, 2022

GTA transaction volume falls to lowest level since April 2020: Wahi

Toronto’s real estate market experienced a significant slowdown in November, with transaction volume falling 56 per cent year-over-year to its lowest level since April 2020, according to recent data from Wahi.

Storeys

December 2, 2022

88% of GTA Neighbourhoods Were in Underbidding Territory in November

As the winter chill sets in, things are also cooling in the Greater Toronto Area’s real estate market. As such, 88% of GTA neighbourhoods were in underbidding territory in November, compared to 86% in October and just 15% in November 2021. 

Moolala

November 22, 2022

Selling Your House Digitally

There have been many companies that have tried to break up the traditional system of selling your home. One system is a digital real estate platform called Wahi. We have CEO Benjy Katchen join us to tell us more about the system and how the platform works.

BlogTO

November 22, 2022

Where people in the GTA are overbidding and underbidding on homes the most 

The majority of neighbourhoods in the Greater Toronto Area have entered underbidding territory, but homes remain out of reach for many first-time buyers.

Toronto.com

October 7, 2022

Here are GTA neighbourhoods where properties are going below listing price

Homes are going above asking in these neighbourhoods in East York and Etobicoke, and under asking price in North York.

Toronto Sun

September 2, 2022

Hot or not?

New tool reveals top neighbourhoods for overbidding, underbidding.

Toronto Star

August 25, 2022

Homebuyers are overbidding in these five Durham neighbourhoods

According to Wahi Market Pulse, buyers are still overbidding on homes in some Durham neighbourhoods.

Toronto.com

August 11, 2022

New digital real estate tool reveals which GTA neighbourhoods see overbidding

Market Pulse tool offers “current data” for nearly 400 GTA neighbourhoods so “Canadians can compare median sold and list prices to understand what areas are seeing overbidding or underbidding.”

Local Logic

May 23, 2022

Local Logic Partners with Wahi to Provide Homebuyers and Realtors with Enhanced Neighborhood Data

Leading location intelligence provider brings data solutions to the digital real estate platform to empower users with added intelligence in the home buying and rental process.

Medium

March 14, 2022

Marketing matters. I’m not just talking about the money being spent but reaching all possible target markets.

Wahi’s Benjy Katchen was interviewed by Financial guru Jason Hartman in Authority Magazine.