by The Baldwin England Team | Jul 12, 2024 | Market Updates
Market Insight for July 12 The average Canadian rents drop in June and Toronto rents hit new lows. Despite the typical trend of rent prices rising in the summer, those in Toronto and across Canada dipped in June compared to the month before, according to a report...
by The Baldwin England Team | Jul 5, 2024 | Market Updates
Market Insight for July 5 June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB). Despite the Bank of Canada rate cut at the beginning of last month, many...
by The Baldwin England Team | Jun 21, 2024 | Market Updates
Market Insight for June 21 More than a quarter of renters in Canada plan to purchase a home within the next two years. 27% of renters plan to buy a property in the next two years; 40% among renters aged 18-34 Of those who do not plan to buy a home in the next two...
by The Baldwin England Team | Jun 14, 2024 | Market Updates
Market Insight for June 14 Decades after creating a 10-day cooling-off period for purchasers to reconsider a new-build condominium contract, the Ontario government has extended the same right to purchasers of detached and freehold newly constructed new homes. The...
by The Baldwin England Team | Jun 7, 2024 | Market Updates
Market Insight for June 7 May home sales continued at low levels, especially in comparison to last spring’s market activity. Home buyers are still waiting for relief on the mortgage rate front which they got this week when the Bank of Canada dropped interest rates 25...
by The Baldwin England Team | May 31, 2024 | Market Updates
Market Insight for May 31 City council voted 21-3 last week to officially allow developers to erect buildings of up to six storeys and 60 units on specific major roads without having to apply for rezoning applications or minor variance. Seeking those permissions added...
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