Agents, who had spent months, if not the past two years, coaching clients through some of the toughest GTA market conditions ever seen, suddenly realized there were fewer participants at offer night. According to Nasma Ali, Broker and Founder at One Group Real Estate, what’s occurring is something policy makers, real estate analysts, and buyers […]
With supply as tight as ever and a relentlessly unwavering demand, the city’s real estate market will most likely remain in a strong seller’s territory through 2022, with home prices only set to rise . Toronto’s condo market sprang back to life in 2021, with the fall experiencing the highest level of activity across all property types. […]
During the third quarter, demand for homeownership remained high throughout the country. As a result, soaring prices and higher mortgage rates slammed housing affordability during Q3-2021, pushing RBC’s aggregate measure — the ratio of ownership costs to household income — up 2.0 percentage points to 47.5% — its worst level in 31 years, according to […]