The Toronto real estate market is likely to feel the impact of the rising cost of living, increased demand from a growing population, unemployment status, the mortgage stress test and housing diversification as it relates to “the missing middle.” With the higher cost of living hobbling first-time homebuyers’ capacity to buy, rental prices are also hitting new highs. When it comes to immigration, Canada is rightly welcoming record numbers of new... [read more]

There’s no doubt it’s difficult to predict the future. After all, no one beyond a few data scientists in a backroom at Google predicted that AI would become so prevalent so quickly. But, as difficult as it is to see what’s coming next, it’s not entirely impossible.  In the real estate world, for example, it’s not easy to anticipate the ups and downs of the market. However, someone who studies the market data and has the requisite real estate savvy, can... [read more]

Jason Mercer of the Toronto Regional Real Estate Board shares his "Market Watch Minute" for November 2023. Click to watch below: [read more]