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Real estate slow down good for the economy?

Rosenberg: Toronto housing slowdown is good for economy The recent dramatic drop in home sales across the Greater Toronto Area is good for Canada’s economy -- and may show the economy is finally moving away from a dependence on the real estate sector, according to Gluskin Sheff Chief Economist David Rosenberg. I want to read [...]

Renting sucks… unless you’re a landlord

Average Toronto home price drops $173,000 since April The number of sales in July also fell 40.4 per cent compared to July last year. I want to read the full article. Explosive First Half for GTA New Condo Market A total of 12,138 new condo apartments were sold across the Greater Toronto Area in Q2-2017, [...]

Great time to be a condo investor

Toronto housing takes sharp turn into buyer’s market By one metric, the Greater Toronto housing market has quickly shifted from a seller’s market to one favouring buyers. I want to read the full article. Now that the Bank of Canada has scratched the interest rate itch, get ready for more Many of the world's central bankers, [...]

Interest rates rise. Will the market fall?

Toronto's luxury condo sales surge despite market, Sotheby's International says GTA condo sales over $1M are up 98% from last year, according to Sotheby's International Realty I want to read the full article. Canadian Variable Mortgage Rates Rise for the First Time in Over Seven Years. What’s Next? The Bank of Canada (BoC) raised its [...]

Why do condo rents keep rising?

Toronto condo rental market soars on heels of new measures As the housing market in Toronto cools, the rental market is especially hot following the announcement of new provincial housing measures, according to a report from Urbanation Inc. I want to read the full article. Mayor John Tory says $4.8B of federal transit funding is [...]

Why prices will continue to keep rising

Experts worry about condo supply shortage The dearth of low-rise housing inventory throughout the GTA is no secret, but a sudden decline in high-rise units has now rendered that market segment lacking as well. I want to read the full article. Canadian universities see surge of international students Canadian universities will welcome unprecedented numbers of [...]

Toronto Condo Market: Do we have a flippin’ problem here?

How condo flippers are making a killing in Toronto's hot housing market Inside the Toronto condo building where quick sales are earning investors up to $2,900 a day. I want to read the full article. Toronto condo market heated up in the first quarter, amid new evidence of investor flipping The Greater Toronto Area’s condo [...]

Time to cash out of Toronto real estate?

Toronto homeowners opting to lease after cashing out Toronto homeowners cashed out to capitalize on high prices – and many aren’t about to dive back in I want to read the full article. It's Time for Buffalo to Secede, and Join Canada The region does have its fast lanes and its slow lanes, though. Here's [...]

How fair is the new fair housing plan?

Ontario's New Fair Housing Plan - The Good and the Bad The Ontario government has responded to the rapid growth in house prices and rents in the Greater Toronto Area by releasing what they call the Fair Housing Plan - a series of policies aimed at cooling the real estate market. I want to read the full [...]

Toronto real estate market finally starting to slow down?

New Listings Surge 62% as Toronto Home Owners Cash in on Hot Real Estate Market The first week of April saw the number of new listings of freehold houses (detached, semi-detached and townhouses) surge 62% over last year as home owners appear to be cashing in on Toronto’s red hot real estate market. A total [...]

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