Overview: an in-depth look at Toronto’s upcoming 2020 spring market, including the impact of the coronavirus and economic uncertainty on buying and selling real estate. In our last spring market blog, we correctly predicted that “Toronto’s housing market is ready for another strong season.” February saw a 16.7% increase in…
Tag: ontario
March 2020 Interest Rate Cuts: Everything You Need To Know
Overview: a look at the Bank of Canada’s March 2020 interest rate cuts and their impact on Toronto’s housing market, including mortgages, buying and selling property, and the future of Toronto real estate. These two cuts, coming within days of each other, mark the biggest rate cuts since 2009—and the…
2020 Toronto Housing Market: What To Expect
Now that the latest figures are in, we have a clear answer to the question: how did the market perform last year? According to the Toronto Real Estate Board (TREB): Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the decade low…
GTA Housing Market Report: November 2019
Overview: a look at the November 2019 GTA Housing Market Report, including sales figures, price changes, house and condo sales, the new sellers’ market, and the overall state of the GTA real estate market. The November 2019 GTA Market Report is in, and like last month’s report, the numbers are…
Benchmark Interest Rate: 2018-2019 Overview
The Decision Not To Raise Rates Steady as she goes. That seems to be the Bank Of Canada’s motto as, for the first time in over a year, it’s keeping the benchmark interest rate unchanged. In fact, since June 2017 both the central and chartered banks have hiked their rates…