As home sales in the Greater Toronto Area (GTA) continue to outpace new listings, the Toronto Regional Real Estate Board (TRREB) has revised its 2021 sales forecast and average listing price, with the expectation that they will both rise even higher — to record levels.   TRREB released its initial forecast for 2021 in conjunction with its annual Market Year in Review and Outlook report. The outlook for 2021 called for 105,000 transactions with an average selling price of... [read more]

👇👇👇   👉Mortgage pre-approval While you may want to start looking at houses immediately, the first step you should take is getting mortgage approval from a broker. This may not sound as exciting, but it’s incredibly useful. A mortgage broker will tell you how much you can afford to spend on a house based on your income, tax-free savings account, credit report, debt, and other factors.   👉Hire a real estate agent The... [read more]

The federal government’s Canada Greener Homes Grant is proving wildly popular after coming online less than a month ago.   The grant, which will draw upon a $2.6 billion pool and is targeting 700,000 homes nationwide over seven years, provides Canadians with up to $5,000 to make energy-efficient retrofits that follow EnerGuide evaluations to their homes.   The upgrades covered include building envelope insulation, air sealing, replacing windows and doors with... [read more]

While it might feel natural to blame COVID for the drastic changes felt in Canada’s housing market, the pandemic is not entirely at fault. As the Canadian Real Estate Association (CREA) recently pointed out, “COVID-19 supercharged trends that were already present.”   But as the pandemic took hold, household savings increased, and interest rates fell, boosting first-time home buying activity while existing owners began to relocate to areas offering more... [read more]

Today, home prices are at an all-time high and showing no signs of cooling, inventory is at a record low, and relentless demand keeps the bidding wars going. However, despite these factors, Canadian buyers are still very driven to buy, but their hopes of actually finding a home are plummeting, according to a new homebuyer sentiment survey from Point2Homes. According to the survey, 38% of respondents say they are “very determined to buy” in 2021 compared to just 12% in 2020.... [read more]

Many of our parents lived the epitome of the Canadian dream. Land a good career, start a family and purchase their own home. Decades later, owning a tiny piece of Canada is no longer a dream but a fantasy for many younger generations priced out of a market that has exploded. While the upward trend of housing prices has been a reality for years, the onset, COVID-19, was seen as a firehose that might’ve doused and cooled off a raging real estate inferno. But, it defied expectations, and... [read more]

While prior to the pandemic, many people migrated to bigger cities for job opportunities and proximity to work, within the last 12 months the opposite has occurred.   Canadians have moved from big cities into smaller, more rural areas that promise green space and larger living quarters at a fraction of the cost, compared to urban centres such as Toronto and Vancouver.    One factor is that with work-from-home even more generalized, many people don’t have to live... [read more]

Canadian real estate markets are placing a big premium on living further from the city. Home prices generally saw larger growth further from the city, as people flee the centers for more space. Greater Toronto real estate prices increased a lot more outside of the city. Less than one kilometer from the city center, home prices were down 1.86% compared to a year before. Once you get 30 kilometers outside of the center, double-digit growth becomes the norm. The last plot on the chart, over 64... [read more]

Nowadays, owning a home remains the largest single investment for most Canadians. The Canada Mortgage and Housing Corporation (CMHC) recently warned the pandemic and resulting lockdown of the economy could drive the country’s average home prices down by between nine per cent and 18 per cent, as job loss and uncertainty force many Canadians to the sidelines. The federal housing agency expects the housing sector will not return to pre-pandemic levels until the end of 2022. According to the... [read more]

Toronto’s condo market, battered by a pandemic that sent city residents looking for more space, is bouncing back. The number of condominiums sold in the Toronto metropolitan area surged 80 per cent in the first quarter compared with a year earlier, while new leases for rentals also jumped, according to a report from the Toronto Regional Real Estate Board. The number of units put up for sale, meanwhile, gained just 43 per cent. That was a noticeable slowdown after condos flooded the... [read more]

The price of homes across the country is on the rise, especially in Toronto where home prices have hit a new all-time record cracking over one million dollars. After speculation earlier this year that this was on the way, a new report by the Canadian Real Estate Association has shown a March 2021 Benchmark Price as $1,007,600 in the Greater Toronto Area. The data shows that actual sales of homes are up 76.2 per cent from a year ago, as more begin to hit the market and are quickly scooped... [read more]

It is expected that home prices will rise over 13% in 2021, building on the already unexpectedly strong growth this year that’s been driven by a shortage of listings and record low interest rates. According to the research which analyzes 64 of the nation’s largest real estate markets — revealing that the aggregate price of a home in Canada is set to rise 13.5% year-over-year to $805,000 in the fourth quarter of 2021. It is said that the home price growth will be driven by the... [read more]

After a year of lockdowns, activity in the province’s housing market is booming, particularly in the 905-area surrounding Toronto, where prices and sales continue to soar, as homebuyers continue to look for more space.   For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA), after 15,652 sales were recorded – nearly double the 7,945 sales recorded in March 2020, according to the latest data from the... [read more]

How hot is the Canadian real estate market right now? It is skyrocketing so much that the Canadian Real Estate Association (CREA) is projecting that the housing market is poised to post record highs again this year. According to the association, more than 700,000 properties will change hands in 2021, up from 551,262 last year. The national average home price will surge by an annualised rate of 16.5 per cent to $665,000 this year. All this is because demand is exceeding supply at a... [read more]

The resiliency of the Greater Toronto Area (GTA) housing market continued in February, as new home sales were strong last month after more than 3,200 units were sold. Sales of new single-family homes — including detached, linked, and semi-detached houses and townhouses (excluding stacked townhouses) — accounted for 1,617 units sold, down 30% from last February but still 20% above the 10-year average. When looking at the condo market, condominium apartments, including... [read more]

The pandemic has changed the way we live and work. So, what about 2021 for real estate? The answer will largely depend on four ongoing trends. #1. The urban exodus and the search for space Finding adequate space at an affordable price has driven buyers into smaller exurban and rural communities where they can weather the next bout of planet-wide panic. The flight from urban areas is likely to be the most significant trend affecting Canadian real estate in the first half of 2021. Buyers... [read more]

It’s a tale we’re all more than familiar with by now: rock-bottom interest rates, changing housing needs, and high household savings coupled with a fear of missing out and low inventory have pushed Canadian home prices to new levels. Case in point is that in the past six months alone, single-family homes have surged $100,000 (or nearly 15%) in value in Canada — marking the steepest increase for the national benchmark price on record. While the country’s most... [read more]

Canada’s housing market is on track to have another record-setting year in 2021 before returning to more normal levels in 2022. Though, activity in 2022 is still expected to remain above all other years on record, according to a recently updated housing market forecast from the Canadian Real Estate Association (CREA). On Monday, CREA released an updated housing forecast for 2021, which revealed the association expects nearly 702,000 properties to change hands through Canadian MLS systems... [read more]

February was a record-setting month for the Greater Toronto Area (GTA) housing market for a number of reasons. Case in point: A record number of home sales were recorded and the average price — across all home types — eclipsed the $1-million mark for the first time in history. According to the Toronto Regional Real Estate Board (TRREB), 10,970 homes changed hands in February — a 52.5% increase compared to 7,193 sales reported in February 2020 — which was fuelled by... [read more]

With two months of snowballing activity increases under its belt, Toronto can trust its downtown core is back in action. The appeal of downtown had been, not necessarily the home that you’re living in, but the lifestyle and the people around you. But despite the happenings of the last year, that preference — for a home in the middle of it all — isn’t one that’s faded. There’s certainly a marked turnaround in demand for condominium apartments to the... [read more]

While COVID-19 did bring a sense of uncertainty to the housing market last year, it turns out the pandemic helped pave the way to homeownership for some young Canadians.   It was conducted that nearly half (48%) of Canadians aged 25 to 35 currently own their home, and 25% of these homeowners purchased a property during the pandemic.   It’s clear that confidence in Canadian real estate remains strong, and, despite economic challenges related to the pandemic, young... [read more]

Though COVID-19 has undoubtedly impacted the condo market, for the time being, signs that condo living is already on its way back are aplenty right now. Indeed, rather than ending up the result of a fundamental shift in the homebuyer paradigm, post-COVID condo life may simply move in a slightly different direction – one that could include everything from in-suite design to demographics. After all, condos were born out of the need for urban centres to adapt to growing populations... [read more]

Another month, another record.   Canada’s housing market set another monthly record in January, with countrywide sales rising by 35.2% on an annual basis, and by 2% month-over-month, according to the latest data from the Canadian Real Estate Association.   2021 started off just like 2020 ended, with a number of key housing market indicators continuing to set records. The two big challenges facing housing markets this year are the same ones we were facing last year -... [read more]

In 2020, the turn of the decade for condos started out strong — sales were up ~10% and ~25% year-over-year in January and February — but when COVID-19 hit the city, the inevitable followed. That inevitability is a major drop in sales activity as would-be downtown dwellers thought twice (or, perhaps more accurately, three or four times) about actually moving into the core. While in early November, we cautioned downtown condo investors (and, really, anyone interested in... [read more]

Reference: https://cutt.ly/bkLGQCX     [read more]

When it comes to buying a home, it’s important that home buyers separate the features that they want from what they actually need. While a sauna and a home gym might be nice features to have, having at least two bathrooms or a functioning dishwasher for a family of five is more of a priority. The Home Buyers Survey 2021 revealed the most sought-after features today’s male and female home buyers are looking for, and it turns out, buyers are a lot more practical than what you... [read more]

The tale certainly isn’t as old as time, but it’s one you’re surely familiar with by now: COVID-19 put Canada’s housing market on pause last spring, but only for a hot second. Since its brief interruption, the market has been moving full-speed ahead, with soaring prices, activity booming, and even indications of somewhat swift recovery where the downtown condo market is concerned. But of all the intriguing factors surrounding this past year’s real... [read more]

Can you picture your dream home office? Find inspiration in this design idea! [read more]

While the rest of the economy struggles amid the coronavirus global pandemic, the Canadian real estate market continues to flourish in times of uncertainty. Last year, Canada’s housing sector accelerated, surprising even industry veterans who have seen it all in their careers. It looked like the real estate market was the only segment of the national economy that was immune to the COVID-19 public health crisis. From major urban centres to rural communities, record-setting growth in sales... [read more]

While buying your first condo is definitely a major milestone, it’s also a significant purchase that comes with a number of obstacles. From figuring out what you can afford to secure a mortgage — not to mention finding a condo that matches your criteria — you need to ensure that your potential new pad is in a well-managed building, and has been kept in good physical, financial, and legal condition. So, to ensure that condo buyers can make informed purchasing... [read more]

A design idea for your living room [read more]

A design idea for your dining room [read more]

  The rollercoaster of a year that was 2020 concluded with rental apartment vacancy rates in Toronto hitting a record high in the fourth quarter. According to Q4-2020 rental market results, a vacancy rate of 5.7% is now being reported for the fourth quarter of last year, up 1.1% from the fourth quarter of 2019. This rate also marks a 50-year high when looking at historical CMHC survey data for Toronto dating back to 1971. What’s more, the report said the overall vacancy rate... [read more]

#realestate #luxuryrealestate #realtor #realestateagent #tagstagram #tagsta #realestateinvestor #realestateinvesting #tagstgramers #realestateblog #realestatestyle #realestatememes #realestatetips #realestatenews #realestateadvice #realestategoals   [read more]

Following a year like no other, Canada’s housing market is poised to have a record-setting 2021, with price momentum and demand forecast to continue. One thing the pandemic didn’t do is “dial down the market’s heat,” it is expected to be continued in 2021, with prices slated to reach “new heights” in the year ahead. They say the bank forecasts the national benchmark price to rise 8.4% to $669,000 and home resales to increase to the strongest level... [read more]

Comfort should be the king, always associated with a cozy design.  [read more]

Whether it was due to mortgage rates, vaccine implementation, or just something in the water, December saw Toronto’s condo market activity soar to new heights.   The condo market turned around, literally, in a span of six weeks. The surge in condominium sales is being largely driven by demand from investors who are jumping in, not necessarily end-users or [people] buying the first-time condo. It’s a combination of a lot of factors. Number one is that... [read more]

Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported over 95,000 home sales in 2020 – the third-best result on record. The average selling price reached a new record of almost $930,000. “The Greater Toronto Area housing market followed an unfamiliar path in 2020. Following the steep COVID-induced drop-off in demand during the spring, home sales roared back... [read more]

💥Greater Toronto real estate market sees record-high home-buying activity for sales over $3 million in 2020.  Luxury home sales over $3 million set a new record in the midst of a pandemic in the Greater Toronto real estate market, with the number of freehold and condominium properties sold in 2020 topping peak 2017 levels. More than 1,000 properties changed hands over the $3 million price point in 2020, up 55.7 per cent from 2019 (1,062 versus 682) and edging one per cent ahead of... [read more]

🔹RUSTIC VOGUE This look is a crowd-pleaser, appealing to anyone who loves their modern home comforts but wants to inject some character details into their living spaces, too. It works ideally in homes that already have some interesting features, such as exposed beams, original floorboards, or paneled walls. 🔹YELLOW AND GRAY The selection of two independent colors highlights how different elements come together to express a message of strength and hopefulness that is both enduring and... [read more]

2021 is coming! #realestate #luxuryrealestate #realtor #realestateagent #christmas #tagstagram #tagsta #realestateinvestor #realestateinvesting #tagstgramers #realestateblog #realestatestyle #realestatememes #realestatetips #realestatenews #realestateadvice #realestategoals [read more]

    Toronto saw an incredibly active real estate market in 2020, fueled almost exclusively by local demand. Border closures and limited international mobility-focused our market almost entirely on domestic activity, and surprisingly to some, our luxury sector saw its most active year on record with many landmark transactions. As a growing global city, Toronto has attracted increasing international interest.   With the easing of travel restrictions in 2021, Toronto... [read more]

After a year unlike any other, naturally, activity in the Canadian housing market has also been operating, unlike any other year. And, as we look to the months to come, it’s safe to say that 2021 is shaping up to be another unprecedented year — at least based on new housing market predictions. From overnight lending rates remaining unchanged to real estate prices increasing in value, these are five mortgage and housing predictions for 2021.   1. The Bank of Canada will... [read more]

The dining room is the central room of the house now!    [read more]

The Canadian Real Estate Association expects the national average home price will rise 9.1 per cent to $620,400 in 2021, in one of the most optimistic forecasts yet for the real estate sector. The CREA says it expects home prices to either hold steady or climb in all regions across the country, citing economic improvements from the lows of the COVID-19 pandemic. The strength of demand, particularly for larger single-family properties, will drive the average price higher as potential buyers... [read more]

An awesome lighting inspiration design of dining room with creative shapes.   [read more]

The Canadian real estate market is hot. And the heat is spreading far beyond big cities. Home prices are up about 10 percent this year - double the long-term average. To the end of September, year-over-year home prices in recreational property markets soared, driven by “Canadians’ ability to work remotely. The aggregate price of a single-family home in the recreational market rose 11.5 percent to $453,046. The aggregate price of a waterfront property increased 13.5 percent... [read more]

There is nothing like crafting a luxury living room that is suitable for enjoying family time and entertaining loved ones. This primary spot sets the tone for the rest of your home’s decor. It’s also one of the best places to showcase your design aesthetic by experimenting with color palettes, layers of texture and patterns, and a variety of furniture layouts. It’s meant to be comfortable, inviting, and full of style. [read more]

MARKET WATCH BY THE NUMBERS IN NOVEMBER 2020 Get more info from the document on https://cutt.ly/QhE4mko   [read more]

A modern bedroom does not have to be stark and cold. Think of it more as a pared-down, sleek look that is conducive to getting a good night’s rest. Creating a polished, modern aesthetic that’s also cozy means incorporating luxe bedding, rich materials, and the occasional pop of color.     [read more]

Grey is seen as a noble color. It's cold, but pleasant and beautiful! [read more]

As the year that felt like it would never end draws to a close, one thing we can look forward to is continued activity in the Toronto housing market — with growing demand, low supply, and rising prices keeping the market in seller’s territory. In fact, RE/MAX has forecast that Toronto home prices will rise up to 6% in 2021, after rising 12% on average in the first 10 months of this year compared to the 2019 12-month average. In 2020, the Toronto housing market saw the average... [read more]

From condominiums to detached houses and townhomes, the Greater Toronto Area has an ample supply of luxury properties, and they are selling at noteworthy prices. According to local real estate news outlet, Toronto Storeys, some of the most expensive condos were sold in Toronto in the past month. For example, in September, a two-bedroom and two-bathroom condo in Yorkville sold for $7.1 million. This was followed by a two-bedroom, three-bathroom suite selling for $2.95 million in the... [read more]

Even though we’re still in the midst of the coronavirus crisis, it’s never too early to start looking at how we will move forward. Many things from how we work to where we exercise could all be different after we recover from the virus. Here are five ways in which the pandemic might alter home design in the future. ⠀ Spaces that Put Hygiene First Not surprisingly, one of the changes we’re likely to see is a strong focus on health and hygiene in the home. Design... [read more]

Toronto's real estate market continues to heat up despite (or even because of, as some experts hypothesize) the COVID-19 pandemic, making a detached home worth less than $1 million an increasingly rare find. ⠀ According to the Canadian brokerage and data analysis firm Zoocasa, only nine of the city's 35 official MLS neighbourhoods currently boast a median house price of less than seven figures. ⠀ This is in stark contrast against what we were looking at in Toronto only... [read more]

Since the start of the pandemic, Canadian homebuying behaviours have shifted immensely, with many urbanites relocating to the ‘burbs in search of more space as the work-from-home trend continues. ⠀ As such, both sales and prices are up, which raises the question: will the Canadian housing market maintain this upward trend as we head into winter? ⠀ The Federal Reserve Bank of Dallas recently published a report that analyzed the real estate markets in the Group of Seven... [read more]

The low slung platform bed has become a highly desired piece of modern bedroom furniture, and they come in a whole host of designs and finishes. Try decorating with light instead of colour…… or even with coloured light. [read more]

The interior design is something that can make your home look out of this world. [read more]

Expect home sales to sizzle right into the holidays, Toronto's real estate board says. Canada’s three largest metro areas reported another hot month for housing in October, with sales up by double digits in the Toronto, Montreal and Vancouver areas, despite warnings from the experts that the market is bound to cool off in the coming months. Jason Mercer, the Toronto Regional Real Estate Board’s chief market analyst, says the economic recovery since spring combined with low... [read more]

While home prices are, of course, top of mind for any prospective property buyer, property taxes are not to be overlooked. And according to a new report from Zoocasa, Toronto’s are currently the lowest in the province. As it stands, the city’s property tax rate is 0.599704%, hovering below Markham’s 0.628191%. Meanwhile, the province’s highest property tax rates will currently be found in Windsor, with a rate of 1.775679%, and following that city, Thunder Bay’s... [read more]

Most of us will agree on one point: lighting is crucial in interior design. The lighting situation in any room can make or break it literally. It is a question of placement, light intensity and color, lighting design and more. The Balloon light. This light comes in various sizes and glass colors and the idea for living room grew more precise. Inspire and get inspired [read more]

It’s safe to say that in light of all the repercussions of the pandemic, no one could have ever guessed that the Canadian housing market would be on pace to have a “banner year.” ⠀ Last month, national home sales dipped 0.7% in seasonally-adjusted terms, but they still managed to break another October record after soaring more than 32% year-over-year. ⠀ And if that wasn’t impressive enough, October home sales also beat the previous record for the month by... [read more]

When creating decor for a dramatic effect, there is nothing better than a dark gray and black interior. The black and gray décor is surprisingly flexible too. An eyeshadow palette can work well together with a variety of aesthetics, be it eclectic, neoclassical, or cutting edge. Large and tall rooms get cozier under heavy shading, and dark walls give smaller rooms blurry boundaries that enhance a sense of space. Living rooms take on a sophisticated character, work... [read more]

  👇👇👇 Play with color and pattern✨ This stunning space makes use of a variety of traditional style essentials: an organic print, bold hues, symmetrical light fixtures, metallic accents and analogous colors. It’s especially noteworthy for the almost hidden use of the blue wallpaper inside the bookcases; those feature a collection of rigorously edited Asian sculptures too. Do you like this interior idea? [read more]

Luxury white beige and gold modern style glam living room decor with modern art and white sectional. [read more]

Please click on the image below to hear this podcast, which was recorded in 2019: [read more]

“Low risk” of Toronto home prices collapsing from COVID-19 impact: RBC Sean MacKay Apr 9, 2020 293Shares   Photo: James Bombales Data released earlier this month by the Toronto Regional Real Estate Board (TRREB) gave us the first glimpse of the huge blow the COVID-19 pandemic would deliver to the city’s housing market. After a strong showing in the first half of March, Toronto home sales fell 16 percent in the second half of the... [read more]

Toronto Home Prices Drop for the First Time in Two Years by Toronto Storeys Photo by Tom Rumble on Unsplash Nearly one month into the Ford government implementing state of emergency measures in Ontario, there is no question that everything from local home sales to progress on new developments in Toronto’s real estate industry are going to take a hit — whether only temporarily or long-term still remains uncertain. While... [read more]

Mortgage stress test changes suspended indefinitely: OSFI       Following emergency Bank of Canada interest rate cut, financial regulator puts easing of mortgage stress test on ice   Joannah Connolly / Glacier Media Real Estate MARCH 16, 2020 10:09 AM       Changes to the federal mortgage stress test, due to come into force April 6, have been put on hold... [read more]

Bank of Canada slashes interest rates again in dramatic coronavirus response Sean MacKay Mar 13, 2020 131Shares   Photo: James Bombales “The world has changed,” read the headline of RBC’s Macroeconomic Outlook published today and, with all the events that hit like a tsunami over the last week, it’s hard to argue. Governments around the world have staged major interventions to support their economies, but as RBC’s... [read more]

Luxury Home Prices in Toronto Forecast to Increase Up to 7% in 2020: Report by Toronto Storeys 100 Sandringham Drive via Engel & Volkers Toronto Central/Toronto Toronto’s luxury real estate market continued to heat up in 2019 and is showing no signs of slowing down, according to the latest report from international real estate firm Engel & Völkers Americas. The report, which focused on homes exceeding $1 million in primary real-estate... [read more]

Benchmark Price of Condo in GTA Hit ‘All-Time High’ in 2019: Report by Ainsley Smith Photo by Jean-Karim Dangou on Unsplash While 2019 was an exceptional year for the Greater Toronto Area’s real estate market, with commercial and new home sectors experiencing growth over 2018, potential homebuyers are now showing hesitation heading into 2020, according to a new report. The report, which was released Thursday, gives a comprehensive review... [read more]

Toronto detached housing veering towards crisis of availability   by: Ephraim Vecina       Single detached housing is becoming an increasingly rare resource in high-demand Toronto, according to the market’s real estate association. Data from the Toronto Real Estate Board indicated that in December, the market saw 1,984 sales of detached homes, representing a 24.77% annual increase. The City of Toronto accounted for... [read more]

Toronto home sales up 17 per cent in December, prices up 12 per cent The Canadian Press Published Tuesday, January 7, 2020 6:40AM EST TORONTO -- The Toronto Real Estate Board says home sales were up 17.4 per cent in December compared with the same month last year, while the average price was up almost 12 per cent in the month from a year earlier. The December jump caps a surge in activity in the second half of last year, while a slower first half meant that overall 2019 sales... [read more]

7 new Toronto condos arriving on the waterfront by 2021 Just because you live in the concrete jungle, doesn’t mean you can’t be close to nature. Toronto is lucky to have a shoreline stretching from Scarborough out west to Etobicoke, a popular destination for boardwalks, beachside activities and some of the city’s most sought-after developments. If you’re looking for a new construction condo with views of the water, these Toronto projects set to be move-in... [read more]

How to Spot an Up-and-Coming Neighbourhood Before it’s Popular by Joseph Czikk   Wouldn't it be great if you could spot the next up-and-coming neighbourhood before it turns into a highly-sought after area? With a little research and by knowing what to look for, you can reap the benefits of buying in a neighbourhood on the cusp of revitalization. Home values are always a good starting point to finding neighbourhoods that are beginning to turn... [read more]

Toronto is the Fastest Growing City in the U.S. and Canada Toronto is a city on the rise in so many different ways, but chief among them is our population. It's growing exponentially. In fact, based on census data, Toronto's population is "by far the leading city" for growth among all central cities in either Canada or the United States. "Population growth in the City of Toronto during the 12 months ending July 1, 2018 was... [read more]

2 Reasons a Canada Housing Crash Is Very Unlikely Ambrose O'Callaghan | November 30, 2019 Image source: Getty Images The Canadian housing market battled turbulence in 2017 and 2018. A massive housing bubble formed in major metropolitan areas like the Greater Toronto Area and Metro Vancouver. Policymakers were forced to step in and instituted a foreign buyer tax that had an immediate impact on markets. New mortgage rules were instituted by the OSFI in January... [read more]

CMHC: No, Toronto Isn’t in a Massive Housing Bubble Nelson Smith | November 30, 2019  Image source: Getty Images It seems every week for the last decade, somebody has declared Canadian real estate is massively overvalued. Yet, despite this bearish sentiment, the market keeps on marching higher. Sure, there have been certain markets that have struggled. Pretty much every city in Alberta has seen housing prices collapse along with the price of oil.... [read more]