Market update week ending February 23rd

24 February 2024
Eileen Wylie

Statistics Canada’s released a report this week that on July 1, 2023, for the first time, the millennial generation (born between 1981 and 1996) comprised a greater number of people in the population than the baby boomer generation, (born between 1946 and 1965) thanks to an immigration surge. It’s a title the baby boomers’ generation has held in the country for the past 65 years.


Market update week ending February 16th

24 February 2024
Eileen Wylie

So it’s official! City Council voted in favour of the 9.5% increase to the residential property tax rate when they met on Wednesday to finalize the 2024 budget.


Market update week ending February 9th

09 February 2024
Eileen Wylie

The Toronto Real Estate market had a positive start to 2024. The first month of the year saw a total of 4,223 home sales in the GTA, according to the latest data from the Toronto Regional Real Estate Board (TRREB), which is not only up significantly from the 3,444 sales that took place in December (+22.6) but is up even more compared to the 3,083 sales seen in January 2023 (+37%).


Market update week ending February 2nd

02 February 2024
Eileen Wylie

Toronto listings are starting to see multiple offers starting up again. What has happened in the last week that has caused this frenzy?


Market update week ending January 26th

02 February 2024
Eileen Wylie

Foreign buyers who want to purchase a home in Toronto could soon face an even steeper price tag if city council approves a new municipal tax that aims to curb real estate speculation.