by The Baldwin England Team | May 28, 2021 | Market Updates
Market Update for May 28 What will downtown Toronto look like when the pandemic is over? Will the core regain its former glory? Among those who could work remotely, many swapped their micro-condos for houses with big backyards in small towns. The question is not...
by The Baldwin England Team | May 18, 2021 | Market Updates
May 14 Market Updates According to a May 7, 2021, report by the Canada Mortgage & Housing Corp. (CMHC), the agency predicts home prices could rise as much as 14% during the second year of the pandemic, as low interest rates continue and fuel demand across the...
by The Baldwin England Team | May 7, 2021 | Market Updates
Market Update for May 7 Home sales in the GTA set a new record for April and more than quadrupled that from April 2020, the first full month of the pandemic. There were 13,663 sales through the MLS system for April up a staggering 362% compared to April of 2020. New...
by The Baldwin England Team | Apr 30, 2021 | Market Updates
Market Update for April 30 There are early signs that the rental market may be starting a comeback. In the first quarter of 2021, average condominium apartment rents were down on a year-over-year basis, however growth in rental transactions outstripped growth in the...
by The Baldwin England Team | Apr 23, 2021 | Market Updates
Market Update for April 23 Toronto’s condo sales recovery began in December and is continuing to build momentum with significant volume and strong double-digit sales growth. While the condo market was slower to recover compared to the freehold sector, there has been a...
by The Baldwin England Team | Apr 16, 2021 | Market Updates
Market Update for April 16th Canada’s bank regulators are pondering whether to change the mortgage stress test rules to make it tougher for consumers to buy a home and take some heat out of the housing market. The Office of the Superintendent of Financial Institutions...
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