House sales across the GTA may be dropping but prices are staying flat, according to the Toronto Regional Real Estate Board’s (TRREB) latest forecast which indicates that affordability remains an ongoing challenge in the market. There were 5,627 home sales in Toronto this August – a 34.2% drop since the same period last year. Prices, …
Latest TRREB – Sales Dive But Prices Remain Mostly The Same Read More »
Whether you’re a new landlord, or you’ve been renting property for decades, you know that managing tenants isn’t easy. That’s why most GTA landlords outsource the job – hiring property managers or real estate brokers to oversee their properties on their behalf. Many landlords, especially those new to the market or with multiple properties, choose …
Why Landlords Need Property Managers, Not Real Estate Brokers Read More »
Next year, Ontario landlords will be able to substantially hike rents as the market continues to recover from the pandemic rent freeze while battling rising inflation.
With all the recent shocks and surges of Toronto’s real estate market, it’s no wonder cautious investors have been sitting on the sidelines, waiting to make their move. As property peaked to record prices across the GTA, prospective landlords found themselves rethinking their investments, at least until the market cooled. And now it has. The …
Waiting to Invest in a Rental Property? Now’s The Perfect Time To Buy Read More »
Toronto landlords have had a difficult few years. Delays at the Landlord and Tenant Board (LTB), pandemic rent freezes, problematic tenants – it’s easy to see why many across the GTA are struggling to manage their investments. Some have even been forced to abandon their properties as they wait for their eviction notices to clear …
Toronto Landlords Need Property Managers Now More Than Ever Read More »
Home sales soared to unprecedented highs last year amid the real estate boom. A year on, GTA properties may have come down slightly from those dizzying heights, but the Toronto real estate market remains one of the hottest on record. February 2022 home sales were the second-highest in history, according to figures from the Toronto …
With Real Estate Rocketing, Is Being a Landlord Worth It? Read More »
Emerging from almost two years of pandemic policies, the GTA rental market is in flux. Last year’s rent freeze kept prices stable but rents are now trending up, spiking as Toronto landlords try to recoup their losses. Rising rents, in combination with declining inventory, are making the market even more competitive – providing plenty of …
Toronto’s Hot Rental Market is Good News for Landlords Read More »
It was recently revealed that real estate investors may represent up to 25% of the red hot market at the moment, taking advantage of sky high demand, low real estate supply, and a consistently in-demand rental market. New information shows that in addition to real estate investors, parents could also be fueling the dramatic rise …
Parents Could Also Be Fueling the Toronto Real Estate Market’s Rise Read More »
Anybody waiting to jump into the Toronto real estate market may want to rethink their approach. The latest TRREB Market Watch revealed that while home sales in the GTHA reach the second-highest level ever for the month of October, housing supply remains a major issue in the real estate market. The price of Toronto real …
Latest TRREB Market Watch Reveals Continuing Housing Supply Shortage in October 2021 Read More »
The Toronto housing market has been on fire since early 2020, with pandemic-fueled spending leading to the real estate market becoming hotter than ever before. Just about every part of the market is hotter than ever before, from condos to detached homes – even the rental market is showing absolutely no signs of slowing down …
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