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March 2021 - Posts

Is a housing market crash on the way in 2021?
With the real estate market experiencing surging prices, scant inventories, and a backlog of new home construction, many consumers are wondering if what’s gone up must come back down — in other words, are we headed for another housing market Read More...
Condo investors 'stealing activity' from future amid low rates: Tal
Real estate investors are piling into the condo market and taking advantage of low interest rates - even if it means withstanding short-term losses, according to a prominent Bay Street economist. “It’s really about the supply-demand mismatch Read More...
Toronto Real Estate Is Getting So Intense There Are Now 'Bidding Wars' For Rentals
Despite rent prices plummeting in the city during the pandemic, new competition for value in Toronto's rental market is driving prices up for certain listings. Strata real estate agent Francisco Hiebert told Narcity "strong competition for desirable Read More...
5 Toronto areas saw condo sales soar over 75% in February
Condo sales are on a sustained upswing across Toronto after spending much of 2020 in the red. Citywide condo sales rose over 63 percent annually last month with 2,167 units changing hands. While most areas tracked by the Toronto Regional Real Estate Board Read More...
Planned subway line will drive King St
An argument can be made that Toronto’s downtown east is the most connected part of the entire megacity, and it stands to reason that owning a piece of real estate there will yield above-average returns. As it turns out, Bauhaus Condos is located Read More...
Oshawa condo market surges to become hottest in the GTA
Housing prices all over the GTA have been skyrocketing throughout the past year, but it’s Oshawa that has come out as the frontrunner in the GTA’s condo market. A new report from Strata has found that property values in Oshawa have increased Read More...
The rise of the second home
Real estate brokerage firm Redfin recently did an analysis of “mortgage-rate lock data” taken from the analytics firm Optimal Blue. A mortgage-rate lock is an agreement between a lender and a borrower guaranteeing a particular interest rate Read More...
Toronto is changing its map around to create 34 new neighborhoods
Congratulations to everyone living along the downtown portion of Toronto's waterfront, all 65,000 of you who, for decades, have been clumped together on the city's official map of neighbourhoods as one ill-defined, enormous blob called "Waterfront Read More...
Toronto home sales break record in February as condo market storms back
Home buying activity hit a record high in the Toronto region last month as 10,970 properties changed hands. February’s sales total represented a 52.5 percent increase over the same period last year, according to data published today by the Toronto Read More...
Pre-construction condo vs resale: which should you invest in?
When it comes to purchasing a condo as a first-time home buyer or investor, there is a wide range of opportunities and benefits. However, when it comes to choosing whether or not to buy a pre-construction condo or a resale condo, things can get a little Read More...
Average house price increase per year: Toronto
It's no secret that the Toronto housing market is one of the most competitive real estate markets in Canada. In January 2021, statistics from the Canadian Real Estate Association (CREA), showed that home sales have set another all-time record, but Read More...