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.
Greater Toronto Area rental supply on the rise, but it’s still not enough
The Toronto Real Estate Board released its rental market figures for the first quarter of 2019, reporting an increase in both listings and leases of condo apartments in the Greater Toronto Area.
Will banning bully offers make a difference in Ontario real estate?
The Ontario Real Estate Association recently released its recommendations to improve and modernize the Real Estate and Business Brokers Act, including banning “bully offers.”
Buyer confidence on the rise in the Greater Toronto Area
There’s no denying that the Greater Toronto Area’s real estate market, both new and resale sectors, has been slow. 2018 was basically a nose dive compared to the high activity in 2016 and 2017. Now, I think we’re seeing signs of the market rebounding.
Canadian housing starts remain steady through March 2019
The Canada Mortgage and Housing Corporation released its housing starts data for March 2019, but there’s not much to get too excited about as construction remained steady to wrap up the first quarter of the year.
Moving out of the city? Here’s where homes are most affordable along the GO Transit line
This increased interest in the 905 housing markets is evident in the growing usage of GO Transit, the provincially-owned regional transit network. It boasted a ridership of 56.6 million people in 2018, upping service by 13% to 217 weekly trips.
Housing slowdown gives first-time buyers a chance in Canada’s biggest cities
Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.
Greater Toronto Area resale housing market remains steady through first quarter of 2019
The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales.
Montreal real estate on course to set new records this spring
Which Canadian housing market do you think will be a leader in 2019? If you said Montreal, then you would be right, at least according to Sotheby’s International Realty Canada.
Softer housing market provides affordability relief, but not in Toronto
Royal Bank of Canada released its latest Housing Trends and Affordability report, announcing that slower real estate activity in Canada has provided some affordability relief...but not in Toronto.
