Toronto Real Estate: Will Prices Drop Further?

June 18, 2017 Jelani Smith 0

Since the implementation of the Ontario Fair Housing Plan, Toronto real estate shifted, with year over year listings spiking 48.9% in May 2017. Home sales declined 20.3% and the Canadian Real Estate Association (CREA) to cut their forecast for Ontario. The average price dropped 6.1% from April to May, mostly a result of many buyers staying on the sidelines to […]

Ontario’s Fair Housing Plan: 16 New Measures

April 20, 2017 Jelani Smith 0

In response to the hot Toronto real estate market, Ontario government introduced 16 new measures within the Fair Housing Plan. These new measures are expected to address the issue of demand, and supply for real estate markets within the Greater Golden Horseshoe (GGH). Record breaking prices had government officials and economists concerned about the sustainability of the housing markets. The […]