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Market Update for January 21

Market Update for January 21 Doug Ford dropped rent control on new units in 2018. Since then, thousands have come online and tenants facing double-digit increases ask: was it worth it? In 2018, the Ontario government introduced legislation that scrapped rent control...

Market Update for January 7th

Market Update for January 7th December capped off a record year for real estate in the Greater Toronto Area — both in sales and price. According to the Toronto Regional Real Estate Board, 121,712 sales were reported through its MLS® System in 2021 — up an astounding...

Market Update for December 17

Market Update for December 17 So, what do we see in our crystal ball for real estate next year? The Canadian Real Estate Association says housing sales will moderate next year, but prices aren’t expected to ease any time soon. The association said in its 2022 forecast...

Market Update For December 10

Market Update For December 10 Canada’s Gen Z shows surprising optimism when it comes to owning a home according to a new survey out of Vancouver. Gen Z (born 1997- 2012) is all too aware of pressing affordability challenges in major Canadian cities, notably Toronto...

Market Update for November 19

Market Update for November 19 After a battle between the city and province that’s lasted for decades, Toronto will soon require developers to build affordable units in new condo buildings in an attempt to add thousands of homes below market value in the coming...

Market Update for November 12

Market Update for November 12 Canadians are scrambling to get mortgage pre-approvals and rate holds before the era of low interest rates comes to an end, as some economists predict. Real estate and mortgage brokers say their clients are increasingly seeking ways to...