The Implications of the Vacancy Tax on Toronto Real Estate
Well, it’s happening. The vacancy tax in Toronto has been passed at the end of 2020, and it’s officially coming to town in 2022. In its very basic form, a vacant home tax requires that […]
Toronto Real Estate Blog
Putting in an Offer in a Hot Market
Let’s face it: The Toronto real estate market of the last 20 years has overwhelmingly been a seller’s market. Not always. There were times when buyers stepped back. Recessions in our economy or the new […]
How Covid Affects Toronto Real Estate Differently in 2021 Compared to 2020
I don’t think there is a person out there who does not want 2021 to be different, or more specifically, better than 2020. And though we would like to see Covid in the rear view […]
Why Did the Number of Toronto Condo Sales Surge in December?
I have never really seen a busy December condo market in Toronto. Traditionally, it’s pretty quiet. In fact, it is, statistically speaking, the slowest month of the year with the fewest transactions. Simply put: it’s […]
Toronto Real Estate Predictions 2021
So long 2020! You certainly made your impact. But your time here is done! And now it’s time to scratch our chins and ponder life in 2021. I don’t think there has been a year […]
Not as Planned: Toronto Real Estate 2020 Year in Review
As the year wraps up, I often review my past predictions from last December, and see how close they lined up with what really unfolded in Toronto real estate in 2020. And, at the risk […]
Is It A Good Time to Be A Toronto Buyer?
Let’s not kid ourselves. There have been very few times in the past twenty years that were favourable for Toronto buyers. It’s largely been a seller’s market since 2000 where buyers usually have to compete […]
Three Things That Affect Toronto Real Estate That Isn’t Covid-19
This year it may feel like the only thing that has influenced Toronto real estate has been Covid-19. And to a large extent, that’s true. But I’m here to tell you that’s not entirely true. […]
The Toronto Real Estate Market After Covid
It may be far too early to start dreaming about an end to this pandemic, but with positive reports coming out about a potentially successful vaccine that could be ready for us in early 2021, […]
Why Buyers Should Pay Attention to “Days On Market”
There are many acronyms and abbreviated words in real estate. Usually these word shortcuts are used to maximize the information on one listing page and allow you a little more room for added detail. The […]
Should You Build a Laneway House?
Despite what many people believe, Toronto laneway houses are nothing new. They have been around a long time. It was no easy task to get these built back in the day. You really needed to […]
THREE THINGS HAPPENING IN THE TORONTO REAL ESTATE UNTIL THE END OF 2020
Now that we are officially in the second wave of the pandemic, the long-term reality of Covid-19 infiltrating our lives and our economy has settled in with most of us. But it’s different this time […]
What Would Happen With A Capital Gains on Principal Residences?
Let’s start off with what we know: The Liberal Federal government currently DOES NOT have any plans to put in a capital gains tax on principal residences in Canada. Still, the CMHC (Canadian Mortgage and […]
The Toronto Fall Market: A Fork in the Road
2020 may be one of the toughest years to predict where Toronto’s real estate market will pivot next. Covid-19, with all its economic, social and health implications, has taken real estate in directions that could […]
Do Lower Rents Lead to Lower Real Estate Prices?
Renters around Toronto are finally rejoicing. Landlords… not so much. It seems for the first time in a long time, rents in Toronto have gone down. Nothing crazy. Nothing I would consider a huge correction, […]
Has Covid-19 Created a Real Estate Exodus from Toronto?
If you’ve been following any real estate news over the past few months, you may believe there is an exodus of people leaving the city. Not just in Toronto, but all over the North America. […]