The City of Toronto recently announced that its first electric vehicle strategy will be considered by the Infrastructure and Environment Committee this week. What a good way to start the year. Don’t let the cold dissuade you from heading down to Toronto’s waterfront this winter. With the winners of the 2020 Winter Stations International Design Competition unveiled, there will soon be four reasons to go for a stroll along the beach.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!
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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.
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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.
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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.
All the things that will impact the housing market in 2020
If you paid any attention to the housing market at all this year, you know there were some big moves made on a national, provincial, and municipal level. With that in mind, we reviewed all of 2019 and put together a list of 2019 highlights.
Average rent in Toronto expected to jump 7% to nearly $2,800 in 2020
The Greater Toronto Area’s rental market is struggling with a lack of supply and increasing rent. Looking ahead to 2020, it looks like the affordability struggles will continue.
See what the average home price in Canada will be in 2020
As we approach the beginning of a new decade, it’s fair to say that 2019 was a year of recovery for Canada’s resale housing market. Now let’s take a look at what 2020 may hold.
