More than 80 per cent of new condo investors in the Toronto region are bleeding cash as the rental income from their units is not covering the increasing mortgage and costs of owning the property, ...
Meaghan MacSween works in strategic communications. In Toronto, we elder millennials are a subgeneration divided when it comes to real estate. We either got in early, or we balked and missed the boat.
Average prices dropped to $2,521 a month, according to a national rent report, noting supply — and incentives — are up while ...
Toronto’s housing market offered a rare moment of relief for renters, as average rents dropped for the first time in three years. According to Urbanation Inc., a real estate consulting and market ...
With high costs, high interest rates and poor investment prospects, Toronto-area condo pre-sales are below 50 per cent, a more than 20-year low, say the report's authors. (Richard Lautens/Toronto Star ...
Condo sales have fallen in Canada's two major markets, according to CMHC. (Credit: Jason Payne) The condo market in Canada’s two largest cities has experienced significant decline from 2022 to the end ...
A significant housing shortage “the likes of which we’ve not yet experienced” is coming for Toronto’s real estate market in the next few years, despite the current glut of condo listings, experts say.
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