by The Baldwin England Team | Mar 24, 2023 | Market Updates
Market Update for March 24 Canada’s rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report this week. In order to reach the optimal vacancy rate of three per cent, the report...
by The Baldwin England Team | Feb 17, 2023 | Market Updates
Market Update for Feb. 17 There finally seems to be some optimistic news released from The Toronto Regional Real Estate Board (TRREB) for the year ahead. Considering all the doom and gloom that have made headlines in recent months, the second half of this year will...
by The Baldwin England Team | Jan 27, 2023 | Market Updates
Market Update for Jan 27th The Bank of Canada raised its benchmark interest rate this week by 25 basis points to 4.5 per cent, the highest it’s been since 2007. The move was widely expected by economists as the bank tries to wrestle with record-high inflation....
by The Baldwin England Team | Jan 20, 2023 | Infographics, Market Updates
Market Update for Jan 20th The Canadian rental market showed little signs of cooling down as 2022 came to a close. Average national rent remained above the $2,000 mark in December, for the second straight month, and the story was similar in the majority of local...
by The Baldwin England Team | Jan 13, 2023 | Market Updates, Tips & Advice
Market Update for January 13 All Toronto residential property owners must submit a declaration of their property’s 2022 occupancy status by February 2, 2023. A property is considered vacant if it was not used as the principal residence by the owner(s) or any...
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