More transparent bidding wars may benefit buyers and sellers Image

More transparent bidding wars may benefit buyers and sellers

Bidding wars can make the resale housing market a scary place. But the only reason a bidding war can be scary is because you have to go into it blind. That may change soon. 

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Average rent for a 1-bedroom condo unit in the Greater Toronto Area surpasses $2,100 Image

Average rent for a 1-bedroom condo unit in the Greater Toronto Area surpasses $2,100

The Toronto Real Estate Board released its quarterly rental market results, reporting tight conditions across the Greater Toronto Area as average rents remain unaffordable. 

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New home sales fall to lowest level in almost 20 years Image

New home sales fall to lowest level in almost 20 years

The Building Industry and Land Development Association released its monthly new home sales results for December 2018, as well as sales totals for the year as a whole. As we were expecting, new home sales fell to the lowest level in nearly two decades. 

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Toronto City Council approves Housing Now plan to build 10,000 homes Image

Toronto City Council approves Housing Now plan to build 10,000 homes

Toronto City Council just approved the Housing Now plan, which aims to facilitate the development of new affordable housing within mixed-income communities at 11 sites in the city.

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3 big ideas that could make housing more affordable Image

3 big ideas that could make housing more affordable

Clearly, measures need to be taken in order to ensure more families across the GTA and Ontario are able to afford to own or rent a suitable home for them and their family.

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How much is real estate close to TTC Stations? Image

How much is real estate close to TTC Stations?

Torontonians may have their fair share of gripes about our local transit system – but love or hate the TTC, the truth is, it pays to own real estate with easy access to a subway or LRT stop. 

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Will the average price of a resale condo unit hit $600,000 this year? Image

Will the average price of a resale condo unit hit $600,000 this year?

The Toronto Real Estate Board released its quarterly resale condo market results, reporting a drop in sales and new listings across the Greater Toronto Area. 

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Buyers vs. Sellers: Who will win the detached home market? Image

Buyers vs. Sellers: Who will win the detached home market?

There was a story in the Vancouver Sun recently about a detached home listed for just under $1 million. With single-family home prices falling in the area, could the detached homes actually tumble to an affordable price?

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Toronto among the least affordable housing markets in the world Image

Toronto among the least affordable housing markets in the world

The 15th Annual Demographia International Housing Affordability Survey: 2019 was recently released, rating middle-income housing affordability with third quarter 2018 data. Once again, Toronto is found among the least affordable cities in the world. 

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Calgary’s luxury home market is in trouble Image

Calgary’s luxury home market is in trouble

The Report covers the GTA, Vancouver, Montreal, and Calgary. Vancouver’s top-tier market is expected to pick up steam this spring. Montreal will remain steady and strong, and the GTA is staying resilient. All good news. We can’t say the same for Calgary.

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