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...
by The Baldwin England Team | Jul 14, 2023 | Market Updates
Market Insight for July 14 TRREB Releases 2023 Q2 Condo Market Statistics Market conditions in the condominium apartment segment tightened markedly in the second quarter of 2023. Sales were up strongly on a year-over-year basis, whereas the number of new listings was...
by The Baldwin England Team | Jun 30, 2023 | Market Updates
Market Update for June 30 Olivia Chow Is Now Mayor of Toronto. Here’s How She Plans To ‘Fix’ Housing.Olivia Chow was elected Mayor of Toronto during Monday’s by-election. And now the conversation shifts to what she will do to solve some of the chronic housing problems...
by The Baldwin England Team | Jun 2, 2023 | Market Updates
Market Update for June 2 Canadian first-time home buyers are 36 years old on average. That means they won’t have that starter condo paid off by the time they retire, according to recent bank reports. Four of the Big Five banks reported a large share of their portfolio...
by The Baldwin England Team | May 26, 2023 | Market Updates
Market Insight for May 26 A buying frenzy is re-emerging in Canada after one of the steepest housing price declines in the nation’s history. In Toronto, properties are selling the day they hit the market. In Vancouver, lines for open houses are stretching down the...