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Market Insight for January 26

Market Insight for January 26 Foreign buyers who want to purchase a home in Toronto could soon face an even steeper price tag if city council approves a new municipal tax that aims to curb real estate speculation. The Municipal Non-Resident Speculation Tax (MNRST), is...

Market Insight for January 19

Market Insight for January 19 Have you done your declaration for your home occupancy status for 2023? The City of Toronto is reminding all residential property owners to declare their property’s occupancy status for the 2023 taxation year by February 29, 2024. As part...

Market Insight for January 5

Market Insight for January 5 Toronto’s latest real estate figures suggest the housing market may be amid a rebound, according to some economists, though they caution that the full impact of elevated mortgage rates has yet to play out. The December stats were released...

Market Insight for December 8

Market Insight for December 8 The blind bidding war has been a fixture of Canadian real estate for a generation, but even with new rules in Canada’s largest real estate market that will allow realtors to part the veil of secrecy, industry experts don’t believe an era...

Market Insight for December 1

Market Insight for December 1 The Bank of Canada is widely expected to hold its benchmark interest rate when it meets next week, but a lot has changed since October. Cooling inflation, here and south of the border, and a weakening economy have turned markets’...