Despite Home Price Declines, Improvement In Affordability Isn’t “Imminent”
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
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