by The Baldwin England Team | Sep 1, 2023 | Market Updates
Market Insight for Sept. 1 At just the moment when more housing is desperately needed, three dozen condo buildings, adding up to more than 8,000 units, have been delayed in the GTHA (Greater Toronto and Hamilton Area) — many in more affordable communities — due to...
by The Baldwin England Team | Aug 25, 2023 | Market Updates
Market Update for August 25 The Ontario government is postponing a provincewide property tax reassessment while it conducts a new review of the accuracy and fairness of the system. The deferral will give the government time to build a “more accurate and equitable...
by The Baldwin England Team | Aug 11, 2023 | Market Updates
Market Update for August 11 Real estate investors are exiting the market as new listings in Toronto trend up, and interest rates remain high, experts say. In July, new listings increased by 11.5 percent annually, and condominiums had the highest percentage rise in...
by The Baldwin England Team | Aug 4, 2023 | Market Updates
Market Update for August 4 The Greater Toronto Area’s real estate market appears to be balancing out, with sales trending lower as new listings gained steam in July. The number of home sales that took place in July did still show growth compared to the same time...
by The Baldwin England Team | Jul 28, 2023 | Market Updates
Market Insight for July 28 A survey of market experts says the Bank of Canada will unlikely hike interest rates again for the remainder of the year, and is expected to start cutting rates next spring, according to a report of economists and market participants...
by The Baldwin England Team | Jul 21, 2023 | Market Updates
Market Insight for July 21 Rents for GTA condos continue to soar, hitting an average of about $2,800 a month in the second quarter of 2023, an almost 32 per cent rise over the last two years. And the spike in rents has been even higher for micro units under 400 square...