The number of newer rental apartments in the GTA that are empty and ready for new tenants is at its highest level since a leading real-estate consulting firm started keeping track in 2015. According to Urbanation’s survey of purpose-built apartments completed since 2005, the average vacancy rate rose from a low of […]
toronto real estate
Canada Shows Signs of Housing Bubble, Bloomberg Reports in 2019
Canada and New Zealand are the most vulnerable economies to a correction in house prices, with Australia and the U.K. also drawing concern, according to new research from Bloomberg Economics. Seeking to build a “housing bubble dashboard,” economist Niraj Shah studied ratios of house prices to rent and income as well as inflation-adjusted […]
Central Toronto Real Estate TREB Released June, 2019 Resale Market Figures
Central Toronto Real Estate TREB Released June, 2019 Resale Market Figures Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a […]
Bank of Canada poised to follow Fed with rate cuts later this year, traders speculate
Bank of Canada poised to follow Fed with rate cuts later this year, traders speculate The Bank of Canada is likely to join the U.S. Federal Reserve with an interest rate cut this year to deal with the fallout from rising trade tensions, according to trading in the swaps market. Investors […]
Central Toronto Real Estate TREB Released May, 2019 Resale Market Figures
Central Toronto Real Estate TREB Released May, 2019 Resale Market Figures Toronto Real Estate Board President announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019. This result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, Please note that […]