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Market Update, July 16

by | Jul 16, 2021 | Infographics, Market Updates

Market Update, July 16 After bottoming out in January, Toronto rent prices are well on their way back to pre-pandemic prices. As Ontario turns a corner in the COVID-19 pandemic, the average cost of rentals has risen by nearly $150 from the 12-month lows we saw in...

Market Update for June 25

by | Jun 25, 2021 | Market Updates

Market Update for June 25 Is the real estate market slowing down? We are getting asked that question a lot these days. A summer slowdown is normal for the real estate market as we transition from the intensity of the spring market into the summer market, and this...

Market Update for June 11

by | Jun 11, 2021 | Market Updates

Market Update for June 11 Toronto-area home sales showed a slight cooling in May, which is traditionally the hottest month on the real-estate calendar. But home buyers were still feeling the heat last month as the average price for all types of houses and condos hit a...

Market Update for May 28

by | 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...

May 14 Market Updates

by | 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...

Market Update for May 7

by | 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...