Everywhere we look across the Toronto skyline, it seems as if a new skyscraper is being erected by the minute. A baffling increase in population, favorable weather, and better career opportunities have driven the growth of condo constructions in Toronto, especially around the GTA region. However, this rapid surge is making us wonder about the sudden boom in Toronto condo market, and the factors affecting it.  Let’s see; even amidst issues such as a decreasing inventory of... [read more]

Caught up in the throes of a severe housing crisis, Toronto is addressing its accommodation challenges in a somewhat unconventional manner; condos seem to be getting smaller each year and doors and walls are being replaced by glass! I have been sifting through listings recently, and every day, I see a few Toronto condos for rent or sale where glass sliding doors stood where one could expect to see traditional bedroom doors and walls. Seems like this is a ubiquitous configuration in the... [read more]

We are already headed towards the second quarter of 2020 and overall, it’s looking to be a bright year for Toronto’s real estate and economy; low interest rates, increased demand for housing, and vibrant labor market. But according to Canada’s Real Estate Association and our own observation, here’s how 2020 will fare for Toronto Real Estate: Prices Across The GTA Will Continue To Rise The Greater Toronto Area experienced a price surge in 2019, and the trend is... [read more]

COVID-19 has affected businesses in each sector across the globe. Therefore, it doesn't come as a surprise to see a strong real estate market also face the hit of the coronavirus outbreak. There are many professionals in the industry who are comparing this situation to the financial crisis of 2008. In fact, there are quite a few who have a view that this one is a worse hit. The hit of the market is so bad at the moment that some claim it to be worse than the financial crisis that... [read more]

With the Covid-19 Pandemic wreaking havoc right and left, the real estate market has pretty much come to a halt. Not that it has hit the pause button – after all, those who have recently bought may need to dispose of with their older properties and those who recently sold may be looking for something new. However, things have slowed down considerably since last month. As compared to just last week, sales are down 50%, and if pitted against 9th of March, sales have fallen off a... [read more]