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Rents reach record levels in Toronto
City Will Allow Expansion of Businesses in Toronto Neighbourhoods
Population increase in Canada: 57M by 2068?
Federal Government Announcement. Spring 2022
A new chapter in Real Estate

Rents reach record levels in Toronto

According to the latest Toronto Regional Real Estate Board (TRREB) report, average rents for one-bedroom and two-bedroom apartments are now both at record levels, surpassing the previous peak in Q3 2019. The report reveals 13,203 condo apartment rental transactions reported through the TRREB MLS System in Q2 2022 – down 11.4 per cent compared to Q2 2021. The dip in rentals was not the resu...

City Will Allow Expansion of Businesses in Toronto Neighbourhoods

Recent amendments adopted by City Council to the Official Plan and Zoning Bylaw will allow for locally-serving small-scale retail, service and office uses to open in the City of Toronto’s residential neighbourhoods. The decision highlights the City’s desire to create vibrant, complete communities that offer a greater number of choices for retail, service and work within walking distance of res...

Population increase in Canada: 57M by 2068?

As Canada's population is set to become larger and older in the decades to come amid high immigration and low fertility, experts say these trends have huge implications for our housing and health care needs. A report from Statistics Canada released on Monday projects Canada's population could reach 47.8 million in 2043 and 56.5 million by 2068 under a medium-growth scenario. Other population pr...

Federal Government Announcement. Spring 2022

Here are the main notable points of the federal government announcement on the budget as it pertains to housing. 1. First-time homebuyers tax savings account This account allows you to save up to $8,000 dollars a year for a maximum of $40,000 tax-free, and you also have the ability to invest it within. The investment income will also not be taxable. When you withdraw the money to buy your fi...

A new chapter in Real Estate

A new chapter in Real Estate   Now that the winter frenzy in the GTA's real estate market has subdued, many are left wondering what may come next. Should I invest or hold off? Is upsizing a good idea at the moment? Valid questions to ponder, with no easy clarity in sight. At times of uncertainty, it's best to go back to the fundamentals.    Despite the average 15-20% drop in prices from F...