Toronto Housing Market Report Despite rising mortgage rates, buyers in the Toronto housing market became more active in February. New stats from TRREB show sales grew another 33% after a 33% growth during January. Clearly, buyers are once again interested in purchasing homes and aren’t deterred by excessive lending rates or ridiculously low affordability. Home…
Mississauga Housing Market The story of residential real estate in the Mississauga/Milton/Oakville region is one seen across Canada as higher mortgage rates are pricing a growing number of buyers out of the market. And with a ban on foreign purchases of property, the Mississauga buyer market profile has changed greatly. Canadian buyers struggle to find…
Ontario’s New Housing Growth Bill — The End of the NIMBYs People across the US and Canada have been suffering through a nightmare without complaint for too long. That nightmare is ridiculously high home prices and rent prices, painful taxes, and a severe lack of housing stock. The high prices are creating a host of…
Toronto Condo Market The Toronto housing market continues to accelerate as the pandemic eases. Although the 416 area code sees growth last quarter and in September, it’s the 905 area code that is seeing big increases in condo prices. Toronto’s condominium market fared poorly during the pandemic as few wanted to risk high density living…
Mortgage Stress Test Rules The Canadian government is under pressure to do something about the soaring prices of houses in Canada. To release some of that pressure on itself, the government is replaying an old trick at an opportune moment — to capitalize on the current temporary downtrend in home prices. The Liberal government is…
Canadian Real Estate Market Forecast Just like the US housing market, the real estate market in Canada showed remarkable strength in 2020. The Canadian benchmark price increased 8.5% last year, almost five times the rate of 1.8% in 2019. And forecasts for 2021 reflect a continued trend of high prices driven by low mortgage rates,…
Why Are There So Few Toronto Homes for Sale? The shortage of houses for sale is a topic has been discussed well on this housing blog for many years now. Not enough pressure has been put on government to promote housing market health. Instead, political ideologies have suppressed the market and now these shortages were…
Best Canadian Cities and Towns to Buy Property Some eager home buyers in Toronto, Mississauga, Montreal, Calgary and Vancouver are waking from their Corona Virus hibernation to check on the latest home price trends. Something has happened that a lot of buyers and sellers might not be aware of. There’s a migration shift happening. The…
Mississauga’s Rising Skyline You’re likely aware of how the skyline of Mississauga has changed over the last 6 years. And it was the construction of the Absolute Condominium buildings that seemed to launch the visibility of the City of Mississauga to a new prominence. The city with no identity was gaining new fame around the world because of…
Artificial Intelligence in the Real Estate Market Are you all abuzz about what artificial intelligence will tell us about the real estate market? Can AI predict a housing crash or what will future housing prices be in Toronto? Will house prices in Toronto fall? How about condos? We could read the forecasts of any number…
Mississauga Digital Marketing Agency You’re on the hunt locally in the Mississauga area for a competent digital marketing SEO agency that will get the job done quick. Here’s a better alternative for SMB’s: a skilled freelance digital marketing strategist. My business Bay Street SEO has been born again, still with good old fashioned ethics: hard work…
Will 2021 Bring Another Housing Boom in Toronto and Vancouver? Are the Vancouver real estate market or Toronto housing market going to crash , lift off, or coast in 2021? Has all the negative press made you believe the end is near? Bankers and politicians keep trash talkin the housing markets. However, as you’ll read here, there is…
When Should I Sell My House? Timing is everything when considering the sale of your house. There are a lot of factors that determine demand for your house and the price buyers will pay. In this new economy, buyers will still be hunting for homes but they’ll be more careful and selective. When is the…
Toronto Apartment Rental Prices Haven’t Dropped Back in 2017: While housing prices rise and hopeful homebuyers in Toronto and Vancouver complain about the housing crisis apartment rental prices in Toronto. And then there are those who don’t have the strength to get up off their sidewalk grates and jump for joy about the latest government…
Beautiful New Condo Buildings in Toronto Over the last 10 years, condo design has undergone dramatic shifts. Engineers are able to build whatever condo architects can dream up. Normally dull and unimaginative, the skylines and communities of Toronto and Vancouver are undergoing rapid change with spectacular results in living and visual appeal. In fact, we’re enjoying an explosion of…
Federal Courts Rule in Favour of Anti Trust Legislators Back in 2017, the Federal Court of Appeal has upheld an April, 2016 decision made by Canada’s Competition Tribunal. It ordered the Toronto Real Estate Board to allow its members to share the sales histories of listed properties online. This ruling relates as well to the…
Foreign Buyers Not Driving Up Prices in Toronto A Toronto Real Estate Board investigation concluded that foreign buyers play a minimal role in Toronto house prices and availability. 3 key findings counter the Wynne government’s insistence that Foreign buyers and house flippers are ruining the housing market. The report may indicate how government officials haven’t been honest to the…
Finding the Right Restaurant Fast If you’re a vacationer in San Diego, Los Angeles, San Jose, Las Vegas or San Francisco, you’re likely on a highway right searching with your smartphone for a great place to eat with just the right atmosphere. Where to eat right now? The right food at the right location. It’s…
When Will Toronto’s Real Estate Market Crash? The experts have been calling for a Toronto Housing Crash for several years now, but it never happened. But is time finally running out? Surely the oil price crisis and the Corona Virus pandemic will deliver the final blow to Toronto’s pressured housing sector. But no, die it…
Toronto Condos – Still a Smart Investment? The Toronto Condo Market couldn’t be more difficult to comprehend right now after the Liberal’s pushed their unwise Foreign buyers tax and rent controls. With availability of condos squeezed, prices in Toronto rose to record levels. What will happen this year and 2018 in Toronto’s condo market? Toronto…