Toronto Housing Market Forecast

Toronto Housing Market Forecast

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…

Toronto Condo Market Report – Update and Forecast

Toronto Condo Market Report – Update and Forecast

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…

Where is the Toronto and Vancouver Housing Market Headed?

Where is the Toronto and Vancouver Housing Market Headed?

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…

Federal Court Rules Against Toronto Real Estate Board – Toronto Mississauga York Region Durham Peel

Federal Court Rules Against Toronto Real Estate Board – Toronto Mississauga York Region Durham Peel

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…

Ontario Foreign Buyer Tax Short Sighted and Harmful to Economy

Ontario Foreign Buyer Tax Short Sighted and Harmful to Economy

Foreign Buyer Tax Didn’t Help Housing Crisis As Ontario Premier Kathleen Wynne announced the new Foreign Buyers Tax in Toronto, she ignored recent stats that showed Vancouver’s use of the money grabbing tax was wearing off. Doug Ford has just picked up the old torch and kept carrying it.  Any kind of tax can hurt…