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Market Update for August 5

Market Update for August 5 Canada’s Tax Authority Has Been On A Multi-Billion Dollar Real Estate Crackdown! Canadian real estate owners are stuck paying huge penalties after trying to avoid taxes owed. New data from the Canadian Revenue Agency (CRA) shows their...

Market Update for July 29

Market Update for July 29 Here we go again… another prediction for the real estate market. Canada’s housing market could be facing its biggest downturn in recent history, according to a new report from RBC. After the price of residential properties soared during the...

Market Update for July 22

Market Update for July 22 Mortgage rates are rising, but here’s why you won’t see a rash of Canadians losing their homes. Canadians will run up their credit cards, fall behind on their utilities and juggle car payments. The one thing they don’t do in significant...

Market Update for July 15

Market Update for July 15 Developers could cancel about 5,000 new condo units as construction prices rise. Toronto’s already-severe housing shortage may be heading in the wrong direction as rental and condo projects are being canceled mid-way through, and the trend...

Market Update for June 10th

Market Update for June 10th The Greater Toronto Area’s housing market is in the beginning stage of a price correction — one that, it could be argued, is long overdue — but the recent drop in home values could be more dramatic in some areas than others. If we look at...

Market Update for June 3

Market Update for June 3 Toronto saw one of the biggest jumps in rent prices in the GTA, and experts warn a cooling housing market could mean high rental costs are here to stay. A new real estate report shows that the price of housing in the GTA has skyrocketed and...