Home sales in Toronto drop in November, 2018 following spike in sale prices Toronto remains a seller’s market after home sales across the Greater Toronto Area (GTA) dropped nearly 15% this November, 2018, compared to a year ago. According to the Toronto Real Estate Board (TREB), there were 6,251 residential transactions recorded through its system last month, a […]
Archives for December 2018
Toronto downtown is gaining from ‘Hyper-concentration’ of knowledge jobs in a permanent shift
A fundamental economic shift is Toronto downtown is gaining from ‘Hyper-concentration’ of knowledge jobs in a permanent shift as traditional manufacturing employment evaporates across much of southern Ontario, a new report warns, and the trend has major ramifications for public transit and land-use planning. The study, released days after General Motors announced the shutdown […]
New Rent control rules could mark return to sky-high rent increases for Toronto tenants
Toronto housing New Rent control rules could mark return to sky-high rent increases for Toronto tenants With new Rent control rules and the province of Ontario scrapping rent control for new units across Ontario as of November 15, 2018, affordable housing advocates are warning that the changes could mark a return to sky-high […]