Toronto Area Market Remains Balanced Through The Fall

Once again, year-over-year average prices in the Toronto area were higher in November than last November, though both sales and active listings were lower. Prices continue to track 3-5% above last year, as they have every month since the summer. If the seasonal pattern holds true, prices should drop about 4% in December; this will… Read More

Layering On The Luxe: Jewel Tones for Fall and Winter

Want to know the hottest trend for home for fall and winter? Look to your fingers. And your wrists. And your neck. Yes, those gems—more specifically, those jewel tones—are inspiring all the looks for home today. After years of taking our collective home decor in a more neutral direction (we’re looking at you, inoffensive beige,… Read More

How To Deal With Cranky Toddlers During The Move

Moving is an overwhelming experience. It is difficult to say whether you are excited about the new place or melancholic about the one you are leaving behind. You are trying hard to handle all those jumbled up emotions, along with the stress of getting everything done on time. The last thing you need is the… Read More

Toronto Prices and Sales Move Higher in October

In a continuation of the ‘return to normal’ trend that we have seen since early this year, Toronto area prices and sales in October were higher than both the previous month and the previous year. The seasonal pattern that we saw repeated year after year over the past 20 years (up until the bubble started… Read More

3 Tips For Getting Started With Your Smart Home

Smart homes have become a scene straight out of The Jetsons—you can turn on your lights, set your thermostat, close the garage door, and start some music with a single voice command. But the world of smart homes can seem a little daunting if you haven’t set one up before. These simple steps will help… Read More

CMHC Housing Market Assessment For 4th Quarter

The Canadian Mortgage and Housing Corporation (CMHC) publishes regular reports on the state of the housing market across Canada. Click here to view the latest report, for the fourth quarter of 2018. Highlights of this report include: For Canada as a whole, house prices are overvalued and vulnerable to a market correction. However, prices have… Read More

Rental Housing Crisis in Toronto

The vacancy rate for rental apartments in Toronto is about 0.5%, average monthly rents are increasing at an accelerating pace, and the supply of new rental units is far behind the number of new renter households being created each year. Clearly the Toronto rental housing market is in a crisis. The causes of the problem… Read More

Rising Interest Rates Are Causing Increased Anxiety

Results of a recent cross-Canada Ipsos poll conducted by MNP Ltd. show that Canadians in general and Ontarians in particular are concerned about continued increases in interest rates. One third of respondents said that they are worried that higher interest rates could push them closer to bankruptcy – up 6% from the same poll three… Read More

The Fall Market Has Arrived

Overall, the Toronto area market continues to follow the trend established early this year, a trend very similar to what we saw for more than 15 consecutive years before last years ‘bubble and burst’: slower in December/January and July/August, and strong from February through June and from September through November. Right on cue, September average… Read More

How To Make A Small Space Feel Larger

Pages of glossy magazines are often filled with immense rooms and oversized spaces full of grandeur and twelve-foot ceilings. But the truth is that most of us live in houses, apartments or townhomes built on a much smaller scale. When faced with the size of some of these tiny rooms, it’s easy to get frustrated… Read More