Buying Vs Renting: What to Consider When Deciding Between Homeownership and the Simplicities of Tenancy in the GTA The Greater Toronto Area (GTA) real estate market has often been compared to a roller coaster, with its highs and lows significantly impacting decisions on whether to buy or rent. The COVID-19 pandemic introduced unprecedented fluctuations, causing both housing prices and rental rates to swing wildly. This article delves deep into the historical and current trends affecting... [read more]

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]

Are you looking to rent a condo in Toronto? Becoming a tenant in Toronto can be more challenging than you can think. Finding the right unit is just one of the first steps, and the number of other factors that go into consideration can make it quite a challenging task. What neighborhood should you choose? Is going over your budget the right option? What are the amenities that you require? There are plenty of points to note and keep in mind before becoming a tenant in Toronto. Here is a... [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]