What can a middle-class home buyer afford across Canada? Image

What can a middle-class home buyer afford across Canada?

According to the latest data from the Canadian Real Estate Association, the average residential home will now set prospective home buyers back $525,000, though affordability challenges are much more acute in the nation’s priciest markets.

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Nearly half of Canadian millennials believe homeownership is a ‘pipedream’ Image

Nearly half of Canadian millennials believe homeownership is a ‘pipedream’

Though millennials may be the most educated and making a decent amount of money, homeownership still seems like a “pipedream” to many of them, according to the results of a new poll commissioned by KPMG.

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Average price of a resale condo unit in the GTA jumps more than 11% Image

Average price of a resale condo unit in the GTA jumps more than 11%

As we approach the winter months, the Greater Toronto Area’s resale market continues to tighten, which has led to aggressive price increases. 

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City of Toronto releases the proposed $23.4 billion HousingTO 2020-2030 Action Plan Image

City of Toronto releases the proposed $23.4 billion HousingTO 2020-2030 Action Plan

The start of a new decade is right around the corner, and with the housing affordability crisis still looming in Toronto, real estate is on a lot of people’s minds. 

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The average price of a new condo in Toronto could surpass $1,600 psf in five years Image

The average price of a new condo in Toronto could surpass $1,600 psf in five years

As we approach the end of 2019, we reached out to real estate consultant and analyst, Ben Myers, President of Bullpen Research & Consulting Inc., to get a clear picture of the state of the Greater Toronto Area’s housing market

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Now may be the time to invest in a winter recreational property Image

Now may be the time to invest in a winter recreational property

​​​​​​​Did the early snowfall get you thinking about skiing and snowboarding? According to a recent report, now may be the time to invest in one of Canada’s winter recreational property markets. 

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2020 is looking good as homebuyer confidence bounces back Image

2020 is looking good as homebuyer confidence bounces back

​​​​​​​Throughout 2019, Ontario’s housing market has shown signs of rebounding, and it looks like the strong activity will continue into 2020, according to a recent report from RE/MAX.

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Is fuelling demand really the answer to the affordability crisis? Image

Is fuelling demand really the answer to the affordability crisis?

​​​​​​​Some new home sales figures for the Greater Toronto Area came out at the beginning of this week, and it got me thinking about various housing market initiatives addressing affordability.

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The Greater Toronto Area’s new home market is levelling out Image

The Greater Toronto Area’s new home market is levelling out

​​​​​​​The Greater Toronto Area’s new home market was busy in October, according to the latest figures released by the Building Industry and Land Development Association and its reliable source for new home market intelligence, Altus Group. 

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Toronto real estate may be at risk of a rapid price correction, says IMF Image

Toronto real estate may be at risk of a rapid price correction, says IMF

​​​​​​​Hamilton, Toronto, and Vancouver may be at risk of a rapid home price correction, according to a new report by the International Monetary Fund. 

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