Analysis Rising rates to cool Ontario housing market more than pre-election promises
With an election looming, Canada’s province of Ontario is moving to rein in surging home prices with populist measures like a bigger foreign-buyer tax, but economists warn rising interest rates are likely to do most of the work. Already there are signs the red-hot markets are cooling after last month’s central bank
Hiking development charges will only make homes more unaffordable
Builders and developers must overcome myriad planning, zoning, and logistical hurdles as well as rustle through a lot of red tape, rules, and regulations to get residential projects built in Toronto. It all comes with a hefty price, of course. The more time and money a developer spends navigating the
Toronto’s Hot Rental Market is Good News for Landlords
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
How you can leverage the Toronto housing bubble and your home equity
Don’t let financial fears or debt hold you back from investing in your home and making upgrades. Toronto consistently comes out on top in the worldwide roster of best cities to live in thanks to its culture, walkability, safety and more. But the luxury of living in this waterside metropolis