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Market Insight for July 28

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...

Market Insight for July 21

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...

Market Insight for July 14

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...

Market Update for June 30

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...

Market Update for June 2

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...

Market Insight for May 26

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...