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...
by The Baldwin England Team | Mar 19, 2021 | Market Updates
Market Update for March 19th Toronto has been ranked among the five most expensive cities for real estate in the entire world. A new report which looks at average income versus housing prices, found that housing affordability worldwide continued to deteriorate...
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