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Market Insight for July 14

by | Jul 14, 2023 | Market Updates

Market Insight for July 14 TRREB Releases 2023 Q2 Condo Market Statistics Market conditions in the condominium apartment segment tightened markedly in the second quarter of 2023. Sales were up strongly on a year-over-year basis, whereas the number of new listings was...

Market Update for June 30

by | Jun 30, 2023 | Market Updates

Market Update for June 30 Olivia Chow Is Now Mayor of Toronto. Here’s How She Plans To ‘Fix’ Housing.Olivia Chow was elected Mayor of Toronto during Monday’s by-election. And now the conversation shifts to what she will do to solve some of the chronic housing problems...

Market Update for June 2

by | Jun 2, 2023 | Market Updates

Market Update for June 2 Canadian first-time home buyers are 36 years old on average. That means they won’t have that starter condo paid off by the time they retire, according to recent bank reports. Four of the Big Five banks reported a large share of their portfolio...

Market Insight for May 26

by | May 26, 2023 | Market Updates

Market Insight for May 26 A buying frenzy is re-emerging in Canada after one of the steepest housing price declines in the nation’s history. In Toronto, properties are selling the day they hit the market. In Vancouver, lines for open houses are stretching down the...

Market Insight for May 19

by | May 19, 2023 | Market Updates

Market Insight for May 19 The real estate price correction appears to be over in Canada after a yearlong slump that saw prices drop by almost 18% in Toronto, according to a new report from RBC. The spring market was a turning point for the country’s housing market as...

Market Insight for May 12

by | May 12, 2023 | Market Updates

Market Insight for May 12 Toronto city council approves up to four-unit multiplexes in all neighbourhoods Multiplexes can now be built in all neighbourhoods, meaning duplexes, triplexes and fourplexes can be built, without special permissions, in all neighbourhoods...