Market update week ending July 19th

23 July 2024
Eileen Wylie

This is the salary you currently need to earn to afford a home in Toronto.


Market update week ending July 12th

23 July 2024
Eileen Wylie

The average Canadian rents drop in June and the city of Toronto rents hit new low.


Market update week ending July 5th

08 July 2024
Eileen Wylie

June 2024 home sales in the Greater Toronto Area (GTA) were lower compared to the same month last year, according to the Toronto Regional Real Estate Board (TRREB). Despite the Bank of Canada rate cut at the beginning of last month, many buyers kept their home purchase decisions on hold. The market remained well supplied, resulting in a slight dip in the average selling price compared to June 2023.


Market update week ending June 28th

08 July 2024
Eileen Wylie

Toronto just voted to make it way harder for landlords to kick out tenants. Toronto councillors have just voted in favour of a new motion intended to further protect tenants in the city, particularly from dreaded "renovictions."