Nothing sounds worse to a prospective home buyer than two ominous words: sellers’ market. The term used to describe a housing market where the ratio of homes sales-to-new listings is higher than 60 percent — often leads buyers to imagine ballooning home prices and wild bidding wars. But, according to a new ...
Continue ReadingIt’s forecast season for Canadian housing market experts, and most are predicting a relatively cool 2019, with only slight increases in home sales and prices. Of course, every housing market will have its own challenges to face, and Ontario is no exception. In 2017, the market had to contend with the Ontario ...
Continue ReadingSuburban allure has largely become a thing of the past, but in the Greater Toronto Area—where the cost of housing grows astronomically by the month—the outskirts are becoming cost-friendly alternatives for renters. The trend of renter migration from the downtown core to suburbs became particularly pronounced during Q4 of 2017, according to ...
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