by The Baldwin England Team | May 20, 2022 | Market Updates
Market Update for May 20th Economists are predicting that Canadian home prices will fall as much as 20 percent this year as higher interest rates begin to hit the country’s booming real estate market. Mortgage rates are expected to climb again as the Bank of Canada...
by The Baldwin England Team | May 13, 2022 | Market Updates
May 13 Market Update Canadian Senior Homeowners Borrowed $5.4 Billion In Reserve Mortgage Debt Canada’s house-rich but cash-strapped Boomers are back to tapping their home equity. Regulatory filings with the Office of the Superintendent of Financial Institutions...
by The Baldwin England Team | Apr 29, 2022 | Market Updates
Market Update for April 29 Toronto Condo Rental Prices Soar, Key Vacancy Rate Drops as Pandemic Recovery Picks Up Speed. Toronto area tenants are once again facing a squeezed rental market similar to what they experienced before the pandemic, according to a new...
by The Baldwin England Team | Apr 22, 2022 | Market Updates
Market Update For April 22 New CREA (Canadian Real Estate Association) Pilot Program Will Let Homebuyers See All Offers in Real Time In a first for Canada, a new pilot program from the Canadian Real Estate Association, will allow home buyers to tract in real time all...
by The Baldwin England Team | Apr 8, 2022 | Market Updates
Market Update For April 8th The housing market remains tight in the Greater Toronto Area, but signs are pointing to some rebalancing compared to 2021’s record levels. In its monthly market report for March 2022, the Toronto Regional Real Estate Board (TRREB) stated...
by The Baldwin England Team | Mar 25, 2022 | Market Updates
Market Update for March 25 Greater Toronto Area (GTA) new condominium apartment sales totaled 30,844 units in 2021, increasing by 69% over 2020 (18,282 units) and narrowly missing the all-time high reached in 2017 (31,216 units). The market capped off the year with...
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