by The Baldwin England Team | Feb 7, 2025 | Market Updates
Market Insight for February 7 Toronto 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. Despite this, the...
by The Baldwin England Team | Jan 31, 2025 | Market Updates
Market Insight for January 31 Two years ago, the federal government implemented a ban on foreign ownership, preventing non-Canadians from purchasing residential property across the country. Originally framed as a short-term measure to help “cool down” an overheated...
by The Baldwin England Team | Jan 17, 2025 | Market Updates
Market Insight for January 17 Preconstruction condo prices fell 15% in the Toronto region in the final quarter of 2024, as sales plunged to their lowest level in nearly three decades and a glut of unsold units hit a record high. It was the worst year since the late...
by The Baldwin England Team | Jan 10, 2025 | Market Updates
Market Insight for January 10 Is the Greater Toronto Area real estate market entering a promising phase with lower borrowing costs and renewed investor interest driving activity? Surprisingly, the market showed signs of life in November, with sales activity picking up...
by The Baldwin England Team | Dec 6, 2024 | Market Updates
Market Insight for December 6 Greater Toronto Area (GTA) home sales increased strongly on a year-over-year basis in November. Many buyers benefitted from more affordable market conditions brought about by lower borrowing costs. This meant that market conditions...
by The Baldwin England Team | Nov 22, 2024 | Market Updates
Market Insight for November 22 This is how much money you need to make to buy a house in Canada’s largest cities. The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data. Mortgage rates continue to decrease, and...
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