What to expect in 2019 for interest rates in Canada

21 January 2019
Life and the City

Alain Lavoie, Mortgage Broker with Capitol Home Lending, provides an overview of what we can expect for interest rates in the coming year.


RE/MAX 2019 Housing Market Outlook Report

08 January 2019
Life and the City

Modest price increases are expected in 2019, as the RE/MAX 2019 Housing Market Outlook estimates the average sales price to increase by 1.7%. Housing markets across the country have stabilized in 2018, after the unprecedented increases in average sales price that many markets experienced in 2017. Continue reading to learn more about where the market is headed this coming year!


Toronto Market Update for October 2018

16 November 2018
Life and the City

Toronto home sales climbed in October as new listings fell, pushing prices higher and signalling the city's real estate market is tightening. TREB reported that 7,492 homes sold in the Greater Toronto Area last month, a 6% increase over October of last year. The average sale price for all types of homes climbed 3.5% on a year-over-year basis to $807,340. Keep reading our October 2018 Toronto Market Update to learn more!


RE/MAX Hallmark Q3 Toronto Housing Market Report

13 November 2018
Life and the City

The housing market in Toronto has been stabilizing over the course of the third quarter, following a sharp drop in the first two quarters after the implementation of various government regulations. Gradual improvements in prices since the second quarter with increased sales activities in suburbs, fall in Toronto and inventory increase in both areas. Continue reading to learn more about the Toronto housing market in the 3rd quarter of 2018!


Toronto Market Update for September 2018

19 October 2018
Life and the City

The Toronto-area housing market continued to make modest year-over-year gains in September, with the average selling price across all housing types, from detached homes to condos, up 2.9% to $796,786. The number of resale home transactions rose 1.9% compared to September of 2017. Keep reading our September 2018 Toronto Market Update to learn more!


RE/MAX 2018 Recreational Property Report

14 August 2018
Life and the City

The RE/MAX 2018 Recreational Property Report has just been released. This report was jam-packed with a handful of interesting findings, revealing a surge in the recreational property market while Canada’s residential market begins to recover.


July 2018 Toronto Market Update

07 August 2018
Life and the City

There was strong growth for resale properties in Toronto last month in July, with sales up 18.6% year-over-year to 6,961 units. The Toronto Real Estate Board (TREB) reports that the average sales price was up 4.8% to $782,189, including a moderate rise for detached home types. Keep reading our July 2018 Toronto Market Update to learn more about the current market!


2018 RE/MAX Recreational Property Report

22 May 2018
Life and the City

The latest RE/MAX Recreational Property Report has been released, offering insight into buying activity and liveability factors such as who is driving demand, top amenities, and more emerging trends in Canada's popular recreational markets.


Q&A Series: How the New Mortgage Rules Might Affect You

29 January 2018
Life and the City

In 2017, Canada posted year-over-year residential price gains across most regions. Now in 2018, many housing markets could see reduced purchasing power resulting from the new OFSI mortgage rules that took effect on January 1st. If you’re among the 37 per cent of Canadians who are not aware of the change in mortgage rules and how they might affect them, read on...


December 2017 GTA Market Update

15 January 2018
Life and the City

This past year, we saw a considerable shift in the sales-to-prices ratio as a number of major factors came into play. The number of total sales decreased by 18% in 2017, while the final average for the entire year came out to a 12.7% increase over 2016's numbers. Conditions in the Toronto area remained on trend last month, with a higher than typical number of new listings, remaining very moderately in seller's market territory. Continue reading our December 2017 GTA Market Update to learn more...