Blog

  1. Eileen Wylie
  2. Blog

Market update week ending February 25th

27 February 2022
Eileen Wylie

Canadian real estate prices are soaring, but the fastest growth is not coming from big cities. BMO chief economist Douglas Porter tells clients to really think hard about this growth. Home prices are now rising even faster than at the peak of the 1980’s real estate bubble. Most of that growth isn’t coming from emerging global hubs, but small towns. He asks investors to consider: Do all small towns have supply shortages? Or is the madness of the crowd taking over?

  Information

Market update week ending February 18th

21 February 2022
Eileen Wylie

Almost A Quarter of Canadians Now Permanently Work from Home, Up Over 300% As public health restrictions linger, more companies realize they don’t need office space. Statistics Canada data shows new public health restrictions had more people work from home in January. Nearly a quarter of labor now permanently works from home, with that share rising sharply in big cities. This shift can change cities from places for work, to places that compete for quality of life.

  Information

Market update week ending February 11th

13 February 2022
Eileen Wylie

Economist Benjamin Tal is forecasting a strong spring market in Canadian real estate and, with it, an even larger presence for the “bank of mom and dad”.

  Information

Market update week ending February 4th

07 February 2022
Eileen Wylie

The average price of a Toronto condo is now $740,000 - Condo prices continue to rise in Toronto, like pretty much everything else lately, as more and more potential homebuyers look up to the sky for cheaper alternatives to detached homes.

  Information