Toronto housing slowdown reasons Bank of Canada showed The Bank of Canada found the prices of the housing market went up way out of affordability range for buyers. The Bank estimated. that between 2015 and 2018, the rising cost of home ownership would have lowered annual home sales nationwide by a hefty 56,000 […]
Toronto housing affordability
Central Toronto Real Estate TREB Released March, 2019 Resale Market Figures
Central Toronto Real Estate TREB Released March, 2019 Resale Market Figures Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was close to 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by […]
Canada housing market has grown riskier, IMF has reported
Canada’s housing market has grown riskier over the past two years, with risk levels similar to those seen during the financial crisis a decade ago, the International Monetary Fund (IMF) said in a report released this week. But there is good news: The measures Canadian policymakers have taken over the past several years […]
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 […]