Unpopular opinion: The housing market is in great shape
Is there an affordability crisis? Yes. Are we still lacking supply? Yes. Do we still need more high-density housing near major transit nodes and the zoning to accommodate this type of development? Yes.
3 reasons why the mortgage stress test should not change (for now)
The mortgage stress test has been a hot topic since it was first introduced in 2018. Some in the real estate industry believe the policy has done its job and it’s time to revise it, and some believe it should remain the way it is.
Toronto’s housing supply shortage could be preventing important life decisions
Have you put off moving? What was the reason? A new report suggests housing supply is tied to a decreasing mobility rate in some of Canada’s largest metro areas, including Montreal, Ottawa-Gatineau, Calgary, Edmonton, Vancouver, and Toronto.
Generation Z will soon have the most purchasing power
It looks like millennials have officially taken over the City of Toronto, but they won’t hold their top position long as Generation Z is on the rise.
How Ontario can amp up affordable housing development
The key to building more affordable housing lies in the availability of public surplus lands, which is government owned land that is “vacant or underutilized, that is no longer needed to deliver government goods and services (Infrastructure Ontario).
Find out why Toronto needs non-resident buyers
To get a better grasp on the housing market, we reached out to some industry professionals to get their opinions on a few hot topics. Our first Q&A was with Ben Myers, President of Bullpen Research & Consulting Inc.
Rezoning for transit oriented development is the key to new housing supply
According to a new report from the Centre for Urban Research and Land Development, there’s plenty of space for new transit oriented development, but outdated city bylaws are preventing new housing from being built.
Is it time to consider increasing Toronto’s property taxes?
The Centre for Urban Research and Land Development released a new report recently about how much room Toronto residential property taxes have to grow...and you’re not going to like it (if you live in Toronto).
How to increase the supply of missing middle housing in Toronto
The Centre for Urban Research and Land Development released a new report exploring strategies for increasing the supply of “missing middle” housing in Toronto.
4 innovative approaches to building more affordable housing
The Centre for Urban Research and Land Development published a blog post recently, listing a few creative ways to build affordable housing in markets that have become expensive.