A new report released last week by Sotheby’s International Realty Canada and Mustel Group has revealed that 83 per cent of young, urban home buyers prefer to own and live in a single detached home rather than any other type of housing – if price wasn’t an issue. Contrary to popular belief, only 5 per […]
Housing Affordability and Transit Among Top Two Major Pains For GTA Residents: New Poll
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 […]
Millennials Make Room…Baby Boomers Are Entering The Housing Market
Move over millennials – you may have some competition. If you think purchasing a home is challenging now – just wait – because the market is about to become a tad more crowded. According to a recent survey done by Royal LePage, over 1.4 million Canadians, between the ages of 54 and 72, are expected […]
Baby Boomers Are Staying Put in Their Homes…With No Plan to Downsize
We’re all too familiar with Toronto’s costly and overheated housing market, where prices seem like they’ll never return back to a reasonable level. A few, of the many, reasons why housing prices have increased so much is due to the increased demand, the lack of supply, record-low vacancy rates, and fewer homes for sale- making […]