Market update week ending April 26th

28 April 2024
Eileen Wylie

New condo sales in the Toronto region have dropped to their lowest level since the 2009 financial crisis, with investors hesitating because of the lofty prices and higher borrowing costs.


Market update week ending April 19th

19 April 2024
Eileen Wylie

Middle-class Canadians may still feel the impact of the federal budget’s increase to capital gains taxes, even though the government claims the adjustments will primarily target the wealthiest individuals.


Market update week ending April 12th

19 April 2024
Eileen Wylie

Deputy Prime Minister and Finance Minister Chrystia Freeland announced a number of housing affordability measures Thursday that she said will help buyers get their first homes and help current homeowners afford the homes they have. "I really hope and believe the specific measures we announced today are going to provide a lot of comfort and a lot of hope to young Canadians."


Market update week ending April 5th

19 April 2024
Eileen Wylie

March 2024 home sales reported through TRREB’s MLS® System were lower than the March 2023 result, due in part to spring break for the schools and the statutory holiday Good Friday falling in March this year versus April last year.


Market update week ending March 22nd

19 April 2024
Eileen Wylie

“Multiplexes of up to four residential units can now be built in all neighbourhoods across Toronto after approval from city council, a move intended to increase low-rise housing options in existing communities. And yesterday Doug Ford said, “It's off the table”.