Some Toronto landlords are experiencing a bit of a challenge during this market. The supply of Toronto condo rentals have increased drastically as a result of the COVID-19 pandemic. You’ve probably heard of how the pandemic affected the Air BNB business. Some landlords using this as their business model have offloaded their condo investments in […]
The Market is Back to ‘Normal’ All of a Sudden…
As businesses start to re-open and as things slowly crawl back to normal, it seems someone just flipped on the switch when it comes to the real estate market. Comparing year-over-year performance for June, sales are only down a mere 1.4%. New listings creeped up 2.1%. Here’s where things get interesting. The number of active […]
Why Some Houses Don’t Sell
With the hot Toronto spring delayed but now underway, houses are selling. Multiple offers are rampant. And buyers are on the hunt. Yet despite the favourable market conditions that exist for sellers today, some houses aren’t selling. It is surprising that some houses don’t sell considering listing inventory is at such low levels, sales of […]
Queensville: The Middle of Nowhere
My family is looking for a new home to move to, so we visited Queensville this weekend. We had planned to make the drive out to Queensville two times before, but in the last minute we thought about it, and agreed it was too far. We didn’t make it. This past weekend, we finally made […]
Will Real Estate Prices Plummet 18%?
Last month CMHC made the headlines by releasing its forecast, including their prediction that real estate prices could fall as much as 18%. Media outlets quickly gobbled up this news story, further stimulating the cautious sentiment of many prospective home buyers and sellers currently in the market. Could real estate prices really fall 18%? What […]
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