Big changes are on the horizon for Toronto’s rental market! This month, city council approved a new renoviction bylaw designed to protect tenants from unfair evictions disguised as renovations. With these new rules going into effect on July 31, 2025, renters and landlords alike are wondering how this will shape the future of housing in our city.
Here’s the scoop on the Toronto real estate scene in October 2024: it’s definitely waking up from its long nap. And why? Because the cost of borrowing is finally going down. It seems that all those buyers who’ve been lurking in the shadows, holding off until the rates started to dip, finally decided it was time to make a move.
If you’ve been following the Canadian housing market, you know it’s been getting tougher for many families to enter the market, especially in high-demand areas like Toronto and Vancouver. But recent changes to Canada’s mortgage rules, set to take effect later this year, are poised to make homeownership more accessible. Whether you’re a first-time b...
So, you want to know what's happening in Toronto's real estate market as we roll into September 2024? Well, buckle up because it's been an interesting ride. August didn’t exactly bring a fireworks display to the Greater Toronto Area (GTA) housing scene. In fact, home sales took a bit of a dip compared to this time last year. But, like a classic Tor...
So, here we are in August 2024, and it seems like the Toronto real estate market is finally waking up from its slumber. Last July, the market was sluggish, but this July? Let’s just say things got a bit more interesting. Home sales have ticked up compared to last year, which might make you think that the market is getting hotter. But before you sta...
Welcome to the July 2024 edition of our Toronto Real Estate Market update. The rollercoaster ride continues, folks. As we navigate through the aftermath of a Bank of Canada rate cut, we find ourselves in a market that’s playing the long game.
Last month, home sales in the Greater Toronto Area (GTA) took a breather. Despite the tantalizing rate cut a...