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How to increase your rent by $1000 per month

No fixed address: How I became a 32-year-old couch surfer Shannon Martin's rent shot up nearly $1K a month, now she bounces around between family, friends I want to read the full article. Toronto’s housing market may need a Vancouver-style cooling: RBC Toronto may need to consider Vancouver-style measures to address a “dangerous mix” of [...]

Is Toronto in a Housing Bubble?

This week Doug Porter of BMO made headlines across the country when he said that Toronto was in a housing bubble, even going so far as comparing the current market to the late 1980s. There is no denying that the market is hot, but are we really in a “bubble”? And more importantly what do [...]

$1M for a tear down in Greek town?

Demand for downtown Toronto condos heats up For people vying to get into Toronto’s real estate market in January, it seems that patiently waiting for the quintessential three-bedroom house was not part of the plan. I want to read the full article. 13 charts to help you make sense of Canadian real estate craziness in [...]

4 Reasons Why Toronto Condo Prices Will Rise 20% in 2017

When the high profile developer Brad Lamb predicted this week that condo prices would rise by 20% this year, it caused a lot of raised eyebrows and disbelief. By now most people have heard that the condo market is hot, but the “normal” price appreciation rate for condos over the last 5-10 years is about [...]

Trump threatens the Toronto condo market?

‘Trump risk’ hangs over Canadian real estate market The new U.S. administration’s impact on the outlook for the Canadian economy is mixed: Alberta could receive a boost from Mr. Trump’s stance in favour of pipelines, Mr. Mendes notes, but his protectionist impulses could put this country at a disadvantage. I want to read the full [...]

Condo inventory declined by 56%!

How a foreign-buyer tax could make it even harder to find that elusive Toronto rental Low vacancies are already fueling bidding wars over Toronto apartments, and a foreign-buyer tax could make rentals in the city even scarcer — and pricier. Shaun Hildebrand, vice president of Toronto-based condo analytics firm Urbanation, recently described how on BuzzTV. [...]

The Toronto Condo Market This Week – January 20, 2017

Toronto’s hot housing market spills over to condo rentals Toronto’s sizzling housing market is spilling over into the region’s rental market, pushing up rents to new records as tenants fought over a shortage of rental listings. I want to read the full article. Toronto condo buyers feeling the squeeze Last year, sales of condo units [...]

The Toronto Condo Market This Week – January 13, 2017

Even Toronto’s condos may become too costly for first-time buyers In the Greater Toronto Area, where the average price of a detached home is well over a million dollars, condos have represented the final vestige of affordability for many first-time buyers. I want to read the full article. Toronto Surges Ahead to Lead Canadian Luxury [...]

The Toronto Condo Market This Week – January 6, 2017

Condo think-tank Urbanation gives us their 2017 predictions Condos to increase in value, foreign ownership likely to remain modest, says Pauline Lierman. I want to read the full article. 2016 record year for Toronto home sales The Toronto Real Estate Board says the GTA’s average home price soared to $730,472 last month, up 20 per [...]

The Toronto Condo Market This Week – December 16, 2016

Realtors say Canadian home prices will edge lower in 2017 Anticipating higher mortgage rates and fewer first-time buyers next year, the Canadian Real Estate Association (CREA) is adjusting its national housing market forecast for 2017. I want to read the full article. Townhomes offer solution to Toronto real-estate conumdrum Towns offer an affordable solution for [...]

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