As 2019 came to a close we saw sale prices of homes increase due to the lack on housing inventory. Check out this article from The Star about the Toronto Real Estate Board’s thoughts on the market for 2020.
The Ontario government is looking to update the province’s real estate rules for the first time in over 20 years. These updates will allow RECO to fine or revoke licences of realtors that are breaking the code of ethics more quickly. Check out this article to see how these changes will not only affect realtors but also you as a …
With the decline of home sales over the last couple of years, CMHC is expecting the housing market to recover over the next 2 years with levels expecting to stabilize by 2020/2021. CMHC warns that high household debt and trade tensions present risk to the economy and housing market stability.
With the upcoming election, many are hoping things will change for renters. There has been a shortage of good rental properties here in Ontario and we especially see this in the Orangeville Area, but have a read about what Canadian Real Estate Wealth has to say about the rental shortage.