The June numbers are in and outlined in this months infographic, increased borrowing costs continue to impact home sales.
West GTA has seen housing prices continue to level between -4.8% to -7.8% month over month while Burlington sees a +1% increase in...
Ontario’s rent increase guideline for 2023 is 2.5 per cent, below current rates of inflation. The rent increase guideline is the maximum amount a landlord can increase rent during the year for most tenants without the approval of the Landlord...
May's numbers are in and as buyers adjust to increased borrowing costs, the market has become more balanced which has provided buyers with more negotiating power. As a result, while benchmark and average home prices were up substantially compared to last...
As outlined in this months GTA & surrounding area's infographic, April stats are in and the market is gradually leveling across the board. On street level, buyers are responding to more selection of active listings and multiple offers are...
April 13, 2022 - The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending reinvestment and will begin quantitative tightening (QT), effective April...
Market Snapshot - April 2022
Seeing more for sale/sold signs last month? March's numbers are in and evidence of an increase of inventory has helped make a level playing field for Buyers. When a surge of new listings hit the market, demand is satisfied...
How is the real estate market adjusting after last weeks Bank of Canada's overnight rate increase 25 points to .50%? It's a little early to tell but, fact is, affordability will go down for some buyers. As a result, the decision to compete in the current...
January's numbers are in and there's been a +6.9% increase in the average seasonal price over December 2021 (+28.6% YoY January 2021).
In addition to labour market conditions and expected record high population growth, the prospect of interest rate hikes...
