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]

Is It a Buyers Market? When assessing the current real estate market, buyers and sellers need to consider whether it's a Seller's Market or Buyer's Market. A Seller's Market is one in which buyers have less of an advantage than sellers due to limited inventory and high demand for housing. In this market, buyers may find themselves competing against multiple buyers for the same listing and potentially facing higher prices as a result of bidding wars.  Buyers Market... [read more]

Renting in Toronto | What You Need to Know Renting in Toronto can be a challenging but rewarding experience. As the largest city in Canada, Toronto has a diverse range of neighbourhoods to choose from, each with their own unique character and personality. However, the rental market in Toronto is competitive, and finding a place that fits your budget and preferences may take time. It's important to do your research and be prepared to act quickly when you find a place that you like.... [read more]

Foreign Buyer Ban Canada 2022 How does it impact the Toronto housing market? Toronto Condo Team covers the Canada Foreign Buyer Ban 2022 and everything you need to know about its impact on the Toronto Real Estate Market.  The Government of Canada has taken a positive step to make homes more easily available for Canadians, introducing the Prohibition on the Purchase of Residential Property by Non-Canadians Act. This law prohibits non-citizens and any companies they could potentially... [read more]