Overview: a look at the January 2023 interest rate hike, including its impact on Toronto home sales, prices, inventory and mortgages, plus predictions for future rate increases. On January 25, the Bank of Canada (BoC) raised its overnight lending rate by 25 basis points to 4.50%. Although that was the…
Tag: buyers
2022-2023 GTA Housing Market Review & Forecast
Overview: a look back at the 2022 GTA housing market and predictions for 2023. Topics include home sales, prices, inventory, interest rates, inflation, mortgages and more. 2021 saw a buying frenzy due to record-low interest rates. 2022 saw a sharp drop in home sales and prices after multiple rate hikes….
Hong Kong Permanent Residency & Toronto Home Prices
Overview: a look at the new permanent residency pathways Canada is offering Hong Kong residents and its impact on Toronto home prices. That number is set to skyrocket thanks to two new permanent residency pathways. According to CBC News: Canada is offering two new paths to permanent residency for Hong…
Kingsway by the River 2 in Etobicoke
About this building: Kingsway by the River 2 is a new condo development in Etobicoke built by Urban Capital and designed by Wallman Architects is located at Dundas and Royal York. This 8 storey boutique building is elegant and contemporary in Toronto’s coveted Kingsway neighbourhood. Situated right in…