As we approach 2024, Royal York Property Management stands out as an essential resource for property investors and landlords grappling with the challenges of maintaining profitability in an increasingly strained rental market. Amid the increase in interest rates in response to higher inflation, housing costs have risen, straining the profitability

As we approach 2024, the field of property management continues to rapidly evolve beyond the traditional focus on managing landlord and tenant relationships. Today’s property managers are required to integrate cutting-edge technology and redefine how they service their clients. That includes offering a broader range of services and making data-driven

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 and financial instability,

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 rate hikes that

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