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Market Update for May 5

Market Update for May 5 Competition Is Heating Up in the GTA Real Estate Market as Prices Pick Back Up With the spring market in full swing, competition for real estate in the Greater Toronto Area (GTA) is heating up as a consistently low number of listings leaves...

Market Update for April 21

Market Update for April 21 The housing market could be gathering steam again – but a notable feature of recent weeks has been a lack of new listings becoming available. This lack of inventory is the main underlying storyline in the Greater Toronto Area (GTA) real...

Market Update for March 31

Market Update for March 31 To ensure every Canadian has a safe and affordable place to call home, Budget 2023 proposes new measures to build on this important progress. Over the past year, the federal government has taken significant steps towards making housing more...

Market Update for March 24

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...

Market Update for Feb. 17

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...

Market Update for Jan 27th

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....