In recent times, Toronto’s condo market has seen its fair share of limited supply, rising rents, and a detachment from the market. With developers and analysts putting their heads together to predict the market trends of 2019, we are seeing signs that reveal how market could get a bit rough for new renters, builders, and buyers. Affordability poses the biggest problem here. Revised condo Prices are deterring most first-time buyers in Toronto. Preconstruction condos are going over... [read more]

Maybe its not the right time to bid adieu to your condo after all. After having been bombarded with D-day forecasts about the imminent downfall of the condo market, the prices continue to reach unprecedented heights in the Greater Toronto Area, having risen up more than 9% in the last year. A study by real estate firm Royal Lepage released today, reports that in the last year alone, the median price per square foot of condos in the Greater Toronto Area soared up by 9.1% to reach $743. The... [read more]

Toronto's condominium market has been a ride in the last decade. The trends in the condominium market have witnessed great highs which have drastically changed the face of real estate in the city. It was in the year 2009 when forecasts predicted that approximately 4,000 new condo sales would take place in the Greater Toronto Area alone. In fact, the first quarter of the year itself witnessed almost 1,000 sales. This showed the prediction to be quite accurate. However, the market... [read more]

It is well known that human beings are always thinking about what is going to happen in their future. Predicting things to one's liking is nearly always the case, even though the evidence is contrary. In the same way, it was mostly predicted that the housing market in Canada will fall to its knees ever since the world has experienced an economic slowdown like no other during 2020. This prediction did correlate with the COVID-19 pandemic that had changed the work lifestyles like never... [read more]

From the way we used to learn how we used to work to the way we used to shop, COVID-19 has changed everything. The Canadian real estate market is not immune to the impact of COVID-19 and took a rollercoaster ride of ups and downs throughout the year. If you are wondering what does the Toronto condo market has in store for 2021, then you are at the right place. In this infographic, you will learn about seven Toronto condominium trend predictions that you can capitalize on as a real estate... [read more]