Toronto is an expensive city to live in. It is notorious for its lack of affordable housing, and yet there is never a shortage of people who want to live here. What continues to drive housing costs up is basic supply and demand. Toronto is currently experiencing a high demand for housing, and available units disappear quickly as prices continue to climb. This year, housing prices… Read more »
It’s safe to say that we are living in unprecedented times. Science fiction, anybody? The implications of current events and speculation on where we’re headed have a lot of people thinking about the worst-case scenario. Economists agree, however, that a recession is not inevitable. What we are experiencing today is nothing like the crisis we saw in 2008. As the current situation is caused by external… Read more »
Market rates for buying property in Toronto and the GTA are once again at the lowest they’ve ever been historically. Properties are in high demand, and prices are soaring. In this highly competitive real estate market, we see some sellers listing their property under ‘holding an offer date.’ This allows them to accumulate multiple offers from potential buyers and drive up the selling price with a… Read more »
