A year ago, real estate experts said buyers might come back to the market after a period of weaker activity caused by the implementation of the mortgage stress test two years earlier. Moreover, one agency expected a reasonable 3.7% home prices gain. But those...

Indeed, the seven-month marathon of increases reported at Canada’s labor market has come to an end in December, as the governments had to tightened restrictions to fight the second wave of COVID-19 cases. According to Statistics Canada, Canada lost 62,600 jobs last month, while...

Canada’s largest real estate market showed a strong activity in December, as Toronto’s condo market saw better results in case of all property types. According to the Toronto Regional Real Estate Board (TRREB), GTA home sales were up by 64.5% annually last month with...

According to Canadian housing experts, in case you were saving money hoping for a prices decline, this year will hardly be great for you. The COVID-19 pandemic didn’t affect the hottest national real estate markets as hard as some expected. Moreover, Toronto and Vancouver...

Wishing you and yours a safe, healthy, and prosperous new year! Like Eleanor Roosevelt once said: “The future belongs to those who believe in the beauty of their dreams.” Yours sincerely, Michael Tulchenetskiy and Denys Derzhavets