Canadian Real Estate Cooldown Is Just Getting Started: BMO
Canadian real estate has another indicator showing higher rates are tempering the market. A new analysis from BMO Capital Markets shows housing-related retail sales fell in April. They attribute this to higher rates, and see this as a direct follow up to falling real estate sales. Activity remains elevated but BMO sees
Most Ontario Renters Choosing Between Food and Paying Rent: Report
The cost of living has gone up across the board for Ontarians, with everything from what drivers are paying at the pump to what shoppers are spending at the grocery store tightening their purse strings. Rent prices are no exception and a new report from the Advocacy Centre for Tenants Ontario (ACTO)
Royal York Property Management Offers Unprecedented Financial Support for Struggling Real Estate Investors
A Toronto-based property management company operating across Ontario and Europe, Royal York Property Management, has announced up to a $500 per month supplement for ‘struggling landlords’. Founder and Global Director Nathan Levinson stated that the offer was aimed at alleviating the stress of property investors amidst a worsening economic environment. Mr. Levinson said, “It has been a very difficult