Tags Posts tagged with "market conditions"

market conditions

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There are many experts who are saying the opposite of the real estate agents. Evan Siddall, CEO of Canada Mortgage and Housing Corp., who is an expert on Canada’s mortgage health, said not to trust data from Realtors.

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Is there even such a thing as a long-term balanced market? I would suggest that the short answer is no. It is either a seller’s market or a buyer’s market.

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To say much has changed during the last month would be a huge understatement as the spread of the COVID-19 virus has risen to global pandemic proportions.

Aerial view of Toronto cityscape showing Downtown buildings on a sunny day in Toronto, Ontario, Canada.

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I fear that the Big Apple’s reversal of fate will happen to Toronto if we rely upon property taxes as a solution without understanding the full impact of such a levy.

Michael Bourque, left, and Evan Siddall

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In a column published by the National Post in December, CREA CEO Michael Bourque wrote that government bears much of the blame for the housing market imbalance of rising prices and lagging supply.

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If the 2019 housing market could be summed up in one word, it would be “rebound” – most of Canada's major urban markets saw sustained improvement in sales and price growth in the second half of the year.

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In this video, Richard Robbins takes a deep dive into September sales, price and inventory numbers in the Greater Toronto Area.

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Are you concerned about Amazon stepping into the real estate market? Maybe you are wondering how it will affect you and your business.

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A new survey released by BMO says first-time home buyers generally have a positive outlook on the housing market.

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Due to the growing number of seniors who are moving closer to family, people over 55 are slowly taking over the urban spaces that used to be the millennials' playground.