The recent recovery of wood product prices is raising profits for Canadian forestry companies, while making it more expensive for homeowners and buyers to start a renovation next year. According to RBC analyst Paul Quinn, lumber prices are growing in December supported by strong...

As a rule, Christmas is a dead period for housing market, but this time, real estate brokerages were quite busy. It could mean Toronto’s condo recovery is on the way. In 2020, the single-family home market has shown strong sales and price growth as...

Dear Friends! Wishing your holiday season be filled with sparkles of joy and love. Merry Christmas to you and your family! Sincerely yours, Michael Tulchenetskiy and Denys Derzhavets

The latest Toronto housing forecasts predict rent to keep falling until mid-2021 and then to recover in 2022. At the same time, sale prices will probably keep growing. According to report by the listings site TorontoRentals.com, rental prices are expected to go down by about...

In October, Canada’s economy expanded by 0.4%, marking the sixth consecutive month of growth after a record decline seen in April. According to Statistics Canada, the country’s GDP was up due to a 0.1% increase in goods-producing industries, and a 0.5% gain reported in the...