The Canadian government's Fall Economic Statement, released on December 16, 2024, introduced several notable changes aimed at supporting homeowners and prospective buyers. These updates focus on creating more opportunities for adding secondary suites, enhancing affordability, and easing financial constraints. Here's a breakdown of the major announc...
Starting December 15th, 2024, new mortgage regulations will come into effect across Canada, and they are set to have a significant impact on housing markets, particularly in major cities like Toronto. While these changes may seem far off, it’s important for both homebuyers and homeowners to understand how they might shape the real estate landscape...
As we approach the end of 2024, many real estate companies in Canada are beginning to release their forecasts for the market in 2025. These predictions are always fascinating to track, as they help us understand where the market might be heading. Recently, Royal LePage released its Q4 review, offering insights into what the real estate landscape co...
The Toronto condo market has seen significant changes over the past few years, with one of the most notable trends being the substantial increase in prices. In recent reports, a specific sector of the market saw a remarkable rise of 140%. This shift has left many buyers, investors, and real estate professionals wondering about the factors contribut...
The November 2024 market statistics have been released, revealing important shifts and patterns as the year draws to a close. Whether you're a prospective buyer, seller, or simply interested in real estate trends, understanding these changes can help navigate Toronto's dynamic property landscape.
Two Markets in One: Freeholds vs. Condos One of the mo...
