Real Estate - Toronto

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Long Hunt For a Suitable Place For Renters in Ontario, British Columbia, and Alberta

The inaugural rental survey by Rentals.ca finds that Canadians are spending a long time looking for rental accommodation that suits their needs. “Hearing directly from renters is… Read more »

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From Affordability to Exclusivity: MPAC’s Latest Data Reveals Ontario’s Housing Affordability Crisis

Recent data from the Municipal Property Assessment Corporation (MPAC) highlights a significant shift in Ontario’s housing market, indicating a noticeable decline in the availability of homes priced… Read more »

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Toronto Remains the Canada’s Most Sought-After Cities For Home Buyers; Calgary Top City Outside of Ontario

Toronto maintained its status as the most searched city for houses, but soaring prices drove buyers to seek more affordable options, finds Zoocasa, a full-service brokerage, in… Read more »

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Average Single Room Rent in Canada Now $834; National Average Rents Rise 10.8 per Cent in March

The Canadian rental market has experienced a notable surge, with average asking rent for all property types rising 10.8% annually in March to $2,004, according to the… Read more »

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Renovictions: New Rules to Evict a Tenant in Ontario

Ontario is investing $6.5 million to increase the number of adjudicators and staff at the Landlord and Tenant Board by appointing an additional 40 adjudicators and hiring… Read more »

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TRREB: GTA Housing Average Sale Price Exceeds List Price in March 2023

The Greater Toronto Area’s housing market tightened in March 2023, with increased competition between buyers, according to the Toronto Regional Real Estate Board (TRREB). The average sale… Read more »

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Canadian Cities Where You Can Buy a House Below National Average Price

Zoocasa, a full service brokerage, analyzed the average home price in 20 regions across Canada to find pockets of affordability as the average cost of a home… Read more »

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CMHC: National Rental Vacancy Rate at Lowest level Since 2001

National vacancy rate is at its lowest level since 2001 finds the latest Rental Market Report released by Canada Mortgage and Housing Corporation (CMHC). According to the… Read more »

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This is How Much Greater Toronto Area Housing Market Declined in 2022

Toronto Regional Real Estate Board (TRREB ) says the GTA housing market sales declined 48.2 per cent in December 2022 compared to December 2021. TRREB blames declining… Read more »

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June Rent Prices in Greater Toronto Area Rose at an Average of 19% From Last Year

Rentals.ca and Bullpen Research & Consulting have released their monthly Toronto GTA Rent Report, which analyses the state of the rental market in the most populated region… Read more »

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In Market For a House in Toronto? Premier Ford’s Home is On the Market

Are you looking for a new house in Toronto? Then, Ontario Premier’s six-bedroom, 4500 square feet house is on the market. Advertised as “Everything You Would Expect… Read more »

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Greater Toronto Area June Home Sales Decline 4.7%, Prices 3% Compared to Last Month

The interest rate hikes by the Bank of Canada are reflected in the June 2022 home sales report released by Toronto Regional Real Estate Board. A total… Read more »

Hamilton, Moncton Becoming Highly Vulnerable to Housing Bubble, CMHC Says

Hamilton, Moncton Becoming Highly Vulnerable to Housing Bubble, CMHC Says

Canada Mortgage and Housing Corp. says the jumping home prices seen in many cities this summer and fall was beyond what could be justified by Canadian income levels and population growth.

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Pay $2999 in Toronto and $8878 in Windsor for a $500K House: 2020 Property Tax Rates in Ontario

Zoocasa, a full-service brokerage has released an analysis of the property tax rate in 35 Ontario cities. According to the report, residents of the City of Toronto pay… Read more »

May Home Sales up Compared With April, but Still Well Below Year-Ago Level

May Home Sales up Compared With April, but Still Well Below Year-Ago Level

The Canadian Real Estate Association says home sales in May regained some of the ground they lost when they hit a record low in April, but remained… Read more »

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Most and Least Affordable Cities in Canada for Single Income Homebuyers

Zoocasa, a full-service brokerage, has released an analysis on the least and most affordable cities in Canada for single home buyers based on benchmark apartment prices across… Read more »

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Rent Prices Rise in Canadian Cities and London Sees an Increase of 30%

Rentals.ca has released it’s annual rent report, which analyses the state of rental market from coast to coast. The report finds that the rentals rates increased by… Read more »

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Condos, Office Spaces, Transit Hub & Shopping: Largest Mixed Use Community in Canada Coming to Mississauga Square One

It is going to be one for the history books! Oxford Properties Group (“Oxford”), whose portfolios include Jasper Park Lodge, and Yorkdale Mall in Toronto, alongside Alberta… Read more »

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Toronto House Prices Increased Almost As Much As The Income in 2019

It is no secret that the house prices in Greater Toronto area are quite high and has recovered from the 2018 slump (or the so called slump)…. Read more »