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Average rent in Toronto expected to jump 7% to nearly $2,800 in 2020 Image

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. 

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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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See what the average home price in Canada will be in 2020 Image

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.

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Average Canadian home prices spike heading into the winter months Image

Average Canadian home prices spike heading into the winter months

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.

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Tips for entertaining in a small space this holiday season! Image

Tips for entertaining in a small space this holiday season!

​​​​​​​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.

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Why you should buy a home in December or January Image

Why you should buy a home in December or January

​​​​​​​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.

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Millennials’ homeownership struggles affecting retirement plans Image

Millennials’ homeownership struggles affecting retirement plans

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.

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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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Everything you need to know about co-owning a home Image

Everything you need to know about co-owning a home

​​​​​​​Can’t afford to buy a home on your own? Then maybe you should take a look at this new Guide to Co-owning a home, which was recently released by the province of Ontario.

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​​​​​​​If you’ve been following our seasonal home maintenance checklists, especially for October and November, then your home should be pretty prepared for winter. If not, then make sure you complete everything on this list before the end of the year!

 

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