It’s time to start speculating about the 2019 real estate market
Last year was a time of market cooling with rising interest rates and new government regulations. It was a rocky year. Sales weren’t that strong, supply didn’t exactly skyrocket, and prices remained high. What does 2019 hold for the real estate market?
New condo market finishing the year stronger than it started
The Building Industry and Land Development Association released its monthly results for the Greater Toronto Area’s new home market, reporting that the number of sales and openings are back on track for November 2018.
6 housing moves the government made in 2018
Activity varied from market to market, but overall, sales were down in Ontario for both resale and new construction. With that in mind, we want to take a look at a few more housing moves the government made this year, which will surely impact 2019.
Canadian real estate activity continues to lose steam in November 2018
The Canadian Real Estate Association released its monthly home sales results for November 2018, as well as an updated resale housing forecast based on data up to the end of last month.
Average rent in Toronto will increase 11% in 2019, says new report
A recent rental report highlights the most expensive places to rent in Canada, and you won’t be surprised to hear that Ontario markets dominate the list.
Average home sale price expected to jump 10% next year in this city
RE/MAX recently released its 2019 Housing Market Outlook, reporting that Canada’s housing market will continue to stabilize next year.
Missing middle housing essential for growth of GTHA
The Canadian Centre for Economic Analysis released a new study recently, reporting how the Greater Toronto and Hamilton Area will be impacted by the lack of missing middle housing and the potential effects of the new Local Planning Appeal Tribunal system.
Condo construction on the rise as detached homes remain unaffordable
The Canada Mortgage and Housing Corporation released its housing starts results for November 2018, reporting the national housing starts trend increased last month.
Canadian housing market won’t crash like the U.S.
The Chartered Professional Accountants of Canada conducted a study to see if Canada’s housing market shared the same fate as the United States, with regards to the 2008-09 bubble and crash.
Toronto real estate price growth continues to moderate
The Toronto Real Estate Board released its monthly resale market results, reporting a continuation of moderate price growth in the Greater Toronto Area.
