Source: Haute Living As the global economy tries to recover from the pandemic while battling higher inflation and reduced economic growth, the housing market is struggling with the weight of record rent prices and looming mortgage defaults. The economic forecast is grim: tenants have been grappling with higher unemployment rates

Source: Ritz Herald Royal York Property Management, an industry leader in property management and tenant placement services, has successfully navigated various housing and economic cycles. Currently, the real estate industry is experiencing significant headwinds, presenting landlords and tenants with a host of challenges. Chief among them are the recent interest

Sentiments have soured significantly across Canada’s housing markets, with sales and prices edging lower as high interest rates keep buyers on the sidelines. But despite the slowdown, economists warn an improvement in affordability is not on the horizon. Home sales have been on the decline since the Bank of Canada

Investing in real estate is a significant financial decision. While the potential rewards are considerable, so too are the risks, primarily when properties are rented out. Concerns about unreliable tenants, property vacancies, and maintenance can turn what should be a promising investment into a source of anxiety. But, with institutions

Source: Markets Insider Royal York Property Management Listed on Canadian Bill Pay System Toronto, Ontario–(Newsfile Corp. – September 7, 2023) –  Royal York Property Management, overseen by Nathan Levinson, has been recognized and accredited by numerous Canadian financial institutions for the bill pay system. Taking proactive steps to safeguard both tenants