Toronto housing market cools in August amid rising borrowing costs: TRREB
Home sales decline, average selling price remains flat Home sales in the Toronto area declined on a year-over-year basis in August while the average selling price remained flat, as rising borrowing costs continued to weigh on the region’s real estate market. Though the MLS Home Price Index and average prices inched up 2.5 per
The New Era of Property Management and Its Emerging Trends
The world of property management has undergone significant transformations over the years. Traditional models, often characterized by face-to-face interactions and paperwork, are gradually giving way to more streamlined, technology-driven methods. This evolution, witnessed in enterprises like Royal York Property Management (RYPM) under the leadership of Nathan Levinson, reflects broader trends
Royal York Property Management gives us 5 tips for when you are looking to rent in Toronto.
Major cities in Ontario have seen their average rent prices rise astronomically during the past year. As Toronto is still emerging from the COVID-19 pandemic and rising interest rates, renters are finding more competition that ever to secure a place to rent at an affordable rent. Combined with the influx
Average Toronto Rent Now $525 More Expensive Than it Was a Year Ago
Toronto rent prices continued their months-long climb in July, now sitting $525 above where they were at the same time last year. A new report from TorontoRentals.com and Bullpen Research & Consulting found that Toronto’s average rent price jumped a whopping 6.2% from June to July, to its new average of $2,667
Canada’s Real Estate Bubble Went Into Hyperdrive Compared To G7 Peers: US Fed Data
The Canadian real estate bubble is kind of like a plane. People on it know it’s going fast but being inside of it means you don’t really appreciate the speed. On the outside though, the bubble looks like it just broke the sound barrier, especially in contrast to its G7