Blog

​​​​​​​The new decade is right around the corner. For many, the dream of homeownership is one they’d like realized in the near future. That’s why we’re sharing a few New Year’s resolutions you should make and keep so you can buy a new home! ​​​​​​​It looks like the City of Toronto is planning on starting the next decade on a high note with the approval of the ambitious (and pricey) HousingTO 2020-2030 Action Plan. ​​​​​​​As this is my final article of the year, I thought I’d reflect a little bit on 2019 and share my thoughts on what the new decade may hold for Toronto real estate.  The monthly report based on MLS systems across the country found that activity increased 0.6% month-to-month, making November the ninth straight monthly gain, with 20% more sales than the six-year low hit in February 2019.​​​​​​​December and January are the slowest months of the year for residential real estate, and for some people, this makes it the ideal time to seriously hunt for a home and make an offer.​​​​​​​Every year, more and more people in the Greater Toronto Area call an apartment home, whether it’s a rental or a condo unit. The thing about these spaces is that they can be on the smaller side compared to a single-family home. KPMG recently shared the results of its Millennials and Retirement poll, focusing on the homeownership concerns young Canadians have, and they’ve now released some results pertaining to concerns about retirement.