Looking for an affordable condo for rent in Toronto? Well, you’ll need to keep looking because the cost of renting a condo in the city just reached an all-time high. According to a recent report from Urbanation Inc., the average monthly rent for a condo increased 7.6 per cent in the third quarter to $2,385 […]
Home sales and selling prices across the Greater Toronto Area (GTA) saw a modest increase in September, according to the last Market Figures report released by the Toronto Real Estate Board (TREB). Home sales climbed 1.9 per cent, while the average selling price increased by 2.9 per cent (to $796,786 from $774,489) when compared to […]
A new Ipsos poll has revealed that the majority of GTA residents believe it is important to build new housing types in the GTA to address housing affordability in the area. However, nearly half of respondents state they oppose of building a new development in their neighbourhood. The poll, released by The Building Industry and […]
The election is approaching and a new poll has determined that the biggest concern among GTA residents is…drumroll please…housing affordability. According to a recent poll done by the Building Industry and Land Development Association (BILD) and the Toronto Real Estate Board (TREB), nearly 40 per cent of residents listed the cost of housing as one […]
While condos in Toronto may be amongst the more affordable housing types, prices are beginning to appreciate – and quite dramatically in some areas. A recent report by Zoocasa calculated the average condo prices in 95 of Toronto’s neighbourhoods. The study found that two-bedroom condo units have appreciated by 7 per cent and one-bedroom units […]
Following months of slow sales during the first half of the year, sales throughout the GTA are beginning to pick up. According to the latest Market Figures by the Toronto Real Estate Board (TREB), there were 6,839 reported sales in August 2018, an 8.5 per cent increase when compared to the same time last year. […]
With all the focus on Millennials entering the market, we’ve slightly turned an eye to the next largest group looking to purchase a home. A group that will soon outnumber Millennials within a year…Gen Z. Looks like the tide-pod-eating days are over, and this generation is all grown up. According to a new survey conducted […]
If you’re living in the Greater Toronto Area (GTA) and are concerned with housing costs and are debating leaving the city because of it – you’re not alone. According to a new study released at the beginning of the week by Angus Reid Institute, over half of GTA residents are worried about housing affordability, a […]
Home sales data will become readily available following an appeal dismissal made by the Supreme Court of Canada against the Toronto Real Estate Board (TREB). TREB has been in a seven-year battle with the Competition Bureau, fighting to keep real estate figures solely in the hands of real estate agents. The ruling, in favour of […]
Canada’s population is exceeding major growth milestones fast. According to a recent analysis released last week by Bank of Montreal (BMO) economists Doug Porter and Robert Kavcic, Canada’s population has surpassed the 37 million mark, in just the second quarter of this year. This growth has been the fastest the country has seen since 1991 […]
