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]

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]

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]

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]

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]