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...
by The Baldwin England Team | Jan 9, 2023 | Infographics, Market Updates
Market Update for January 6th Even fast-rising mortgage rates couldn’t stop the rise of Toronto real estate prices in 2022.The average selling price of all GTA homes was up 8.6% or $1,189,850 in 2022, up from $1,095,333 in 2021, the Toronto Regional Real Estate Board...
by The Baldwin England Team | Dec 16, 2022 | Infographics, Market Updates
Market Update for Dec 16th Developers are hitting the brakes. Pandemic buyers are panicked as appraisals come up short. Is this the end of Toronto’s condo mania? A pre-construction condo in the GTA was a safe way to invest and gain equity. Indeed, for a decade this...
by The Baldwin England Team | Dec 9, 2022 | Market Updates
Market Update for Dec 9th Rising rates hits hardest at detached and semi-detached house prices. Less expensive condos and townhomes held their value better in November than costlier detached and semidetached houses in the Toronto region, as home sales declined across...