The topic of renting in Toronto has become more and more of an anxiety inducing conversation for those freshly out of university or college who are making their first strides in a work environment.
The year may have started off slow for national housing activity, but it looks like 2019 is going to end on a good note, according to the latest monthly report from the Canadian Real Estate Association.
A recent survey from RBC Royal Bank found that 42% of small business owners in Canada are baby boomers and 24% are millennials. And who are the largest groups of homebuyers in the country? Boomers and millennials.
According to recent figures from RE/MAX, year-to-date uber-luxury home sales in the GTA have exceeded 2018 levels. As of the end of October, there were 102 home sales above $5 million, which is 8.5% higher than the same period a year ago.
After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.