Author: admin
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Happy Mother’s Day
Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…
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“Scaring On The Psyche”: TD Calls For Further 10% Drop In Condo Prices This Year
TD Bank forecasts GTA condo prices to drop 15-20% from their 2023 peak by the end of 2025, with a 10% decline this year due to reduced demand, higher interest rates, and excess supply. Factors include trade war uncertainty, slower population growth, and high condo completions. While prices remain above pre-pandemic levels, a strong rebound…
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March Sees Housing Starts Plummet 65% In Toronto, 59% In Vancouver
Canada's housing starts continued to decline in March, driven by significant drops in Toronto and Vancouver. The seasonally adjusted annual rate fell 3.3% from February to March, with a 12.5% year-over-year decrease in actual starts. Toronto and Vancouver saw dramatic declines of 65% and 59%, respectively. In contrast, Montreal experienced a 138% increase in multi-unit…
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What’s Driving Toronto’s Rental Prices to a 30-Month Low?
Average asking rents in Toronto fell to a 30-month low of $2,615, down 7.6% annually. The decline in Toronto rents follows four consecutive months of annual rent decreases across Canada.
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خانه‌های پیش‌ساخته راه‌حلی مهم برای بحران مسکن در کانادا
گزارش جدیدی از انجمن املاک و مستغلات انتاریو خواستار سیاست‌هایی برای ترویج ساخت مسکن پیش‌ساخته است تا به هدف ۱.۵ میلیون خانه تا سال ۲۰۳۱ در انتاریو دست یابند. این گزارش بر نیاز به راه‌حل‌های سریع‌تر برای ساخت مسکن تأکید کرده و خانه‌های کارخانه‌ای را به عنوان گزینه‌ای قابل‌قبول معرفی می‌کند. پنج توصیه سیاستی برای…
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Toronto Real Estate Poised for Buyer-Friendly 2025
2025 is expected to be a buyer-friendly year with slower price growth and lower borrowing costs. The avg home price in 2025 is expected to ↑ 2.6%, reaching $1.1M.
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Why Toronto’s Housing Falls Behind: Top 5 Q&A
How high are development charges? Development charges in Toronto surged over 1,000% since 2010, now accounting for 30% of a home price. Why is approval time a problem? The average approval time for new housing in the GTA is 20 months, delaying home construction.
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Consumer Insurance Buying Tips
Buying or renewing insurance can be daunting, but understanding exclusions in your policy is crucial. Always compare similar policies and be cautious of significantly lower prices. Avoid canceling your policy by failing to pay premiums, as this can label you a "bad risk." Don't switch providers frequently, as trust is important in insurance. Limit small…
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Toronto: 14th in Canada for Apartment Rental Interest
Toronto's rental market is heating up, jumping six spots to 14th in renter interest nationwide. With a renter interest score of 64.2, Toronto surpasses Guelph, Hamilton, and Kitchener in Ontario rankings.
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Buyers offering way under asking price for homes in most parts of Toronto area
Bidding activity on homes in the GTA slowed in March due to ongoing trade tensions between Canada and the U.S., leading many potential buyers to delay homeownership. A report by Wahi revealed that only 20% of GTA neighborhoods were in overbidding territory, down from 43% a year ago, while 73% were in underbidding territory. In…