What’s in store for the 2020 housing market? Image

What’s in store for the 2020 housing market?

According to a number of forecasts, buyers, sellers and renters can expect the same ol’ issues to persist throughout the new year, such as crunched affordability, a lack of supply, and heating conditions in the nation’s biggest markets.

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2020 will be all about increasing housing supply in Toronto Image

2020 will be all about increasing housing supply in Toronto

​​​​​​​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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Demand for detached homes growing as more millennials start families Image

Demand for detached homes growing as more millennials start families

​​​​​​​As peak millennials find themselves in their 30s, it’s possible that there will be even more stress on the single-family housing market in 2020, according to a recent report by Royal LePage.

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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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Home decor colour trends to keep in mind for winter and 2020 Image

Home decor colour trends to keep in mind for winter and 2020

​​​​​​​The colder weather is in full swing and 2020 is right around the corner. It’s time to start looking ahead at what the winter and new year have in store for colour trends. 

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You can expect Canadian home prices and sales to increase in 2020 Image

You can expect Canadian home prices and sales to increase in 2020

​​​​​​​Following a rocky 2018, Canada’s housing market showed signs of rebounding all through 2019, and it looks like a recent report has confirmed that sales and prices will be on the rise in 2020. 

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See what new home industry professionals worry about with 2020 right around the corner Image

See what new home industry professionals worry about with 2020 right around the corner

Affordability is top of mind for most homebuyers in the Greater Toronto Area, but what do new home industry professionals worry about with 2020 right around the corner? 

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Lower mortgage rates spur brighter outlook for resale housing market Image

Lower mortgage rates spur brighter outlook for resale housing market

With a strong summer coming to an end, the Canadian Real Estate Association updated its resale housing market forecast with a slightly more positive outlook for the rest of 2019 and beginning of 2020. 

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How millennials influence homebuying patterns in the Greater Toronto Area Image

How millennials influence homebuying patterns in the Greater Toronto Area

A recent report from RE/MAX of Ontario-Atlantic Canada says that homebuying activity in the Greater Toronto Area has shifted to the west, but millennials may swing activity back to the east in the near future. 

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A closer look at residential real estate in York and Durham Image

A closer look at residential real estate in York and Durham

As two large, neighbouring regions, we thought it’d be interesting to compare them with regards to what to expect from the residential real estate market in 2019.

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