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Only 1/3 of millennials own

Why You Can't Afford an Apartment in Canada's Biggest Cities As housing prices soar, a chronic shortage of rental units is creating a new market squeeze. I want to read the full article. Prices of bachelor apartment rentals in Toronto are soaring According to Padmapper's real-time rental stats, bachelor apartments have climbed a whopping 15 percent since [...]

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, [...]

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 [...]

Interest rates going up: Should we be worried?

Who will win and lose if the central bank raises interest rates? Another month of solid growth for the Canadian economy in April and upbeat survey results from the Bank of Canada have strengthened expectations that the central bank will soon begin increasing interest rates for the first time in seven years. I want to [...]

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 [...]

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 [...]

65,000 vacant homes in Toronto: Do we have a problem?

Province stripping Tarion of builder-regulator role Citing ‘conflict of interest’ concerns, the Ontario government will create a standalone home builder regulator separate from the warranty provider. I want to read the full article. Toronto, province eye vacancy tax on unoccupied homes and rentals An empty residence tax might curb property speculation and open up some [...]

Don’t sell your house!

Downsizers cash in – driving the upscale condo market The recent surge in house prices and unexpected gains in home equity are giving baby boomers in some urban areas of Canada the advantage, allowing them to upgrade their lifestyles, instead of making do with less. I want to read the full article. BMO declares Toronto [...]

Trump threatens the Toronto condo market?

‘Trump risk’ hangs over Canadian real estate market The new U.S. administration’s impact on the outlook for the Canadian economy is mixed: Alberta could receive a boost from Mr. Trump’s stance in favour of pipelines, Mr. Mendes notes, but his protectionist impulses could put this country at a disadvantage. I want to read the full [...]

Condo inventory declined by 56%!

How a foreign-buyer tax could make it even harder to find that elusive Toronto rental Low vacancies are already fueling bidding wars over Toronto apartments, and a foreign-buyer tax could make rentals in the city even scarcer — and pricier. Shaun Hildebrand, vice president of Toronto-based condo analytics firm Urbanation, recently described how on BuzzTV. [...]

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