It looks like Toronto is not the hottest real estate market in the province anymore, as now this name belongs to Oakville, says Zoocasa. Its new report ranks the most expensive markets in Ontario based on average sale prices in October. In addition to it,...

A new report calls for a vacant home tax in Toronto, aimed at raising the local housing supply. The city’s chief financial officer and treasurer, as well as the executive director housing secretariat are recommending the new tax. In case it’s approved, it will...

Last month, Canada’s largest real estate market reported one more month of double-digit sales increase, while we still saw an on-going weakness in its previously hot condo market. According to the Toronto Regional Real Estate Board (TRREB), there were 8,766 properties sold across the...

The recent quarterly report by Equifax Canada shows that a total amount of consumer debt in Canada exceeded $2 trillion this fall. The main drivers of such an increase were mortgages and car loans. According to Equifax, the total consumer debt was up by...

Although sales of new condos in Toronto are falling, buyers still pay more than ever. According to the Building Industry and Land Development Association (BILD), the average cost of a new condo in Greater Toronto Area was up by 18.8% in October compared to...