This week, the Liberal government introduced the 2025 federal budget, which includes several significant changes aimed at addressing the housing crisis in Canada. The budget raises the annual mortgage bond issuance limit, providing more capital for multi-unit rental projects, which is expected to ea...
A recent approval for a backyard addition on John St. illustrates a growing reality in Markham: families are adapting their homes to support multiple generations rather than relocating to more affordable cities or downsizing. With buying another detached home in the same school district often out of...
The Greater Toronto Area functions less like one giant market and more like a layered ecosystem where each city plays a distinct role. Downtown Toronto anchors the financial and cultural core, fast-moving and liquid but cyclical. Midtown represents the true residential elite, combining scarcity with...
After the Bank of Canada's latest 25-basis-point rate cut, the message is clear. Officially, the Bank says it may be done, but in practice, it's trying to steady confidence and encourage spending without triggering another housing surge. For Toronto real estate, this signals a transitional phase: bo...
In a rapidly changing world where economic signals and market moods shift overnight, Markham's real estate stands as a pillar of long-term stability. Despite short-term uncertainty, fundamentals like steady immigration, human desire for better living, and the lasting value of tangible assets continu...
Richmond Hill's housing market is working through a temporary period of pressure driven by forced sellers closing on pre-construction purchases and owners renewing mortgages at higher rates. As these short-term stress factors fade and borrowing costs ease, more sellers will hold their homes instead ...
Markham has become one of Ontario's most desirable destinations for families seeking quality education and community balance. While Toronto's public school system faces challenges from its lottery-based admissions, York Region continues to uphold high academic standards and expand access to elite pr...
In Canada, when someone passes away, the government treats most assets as if they were sold that day, a deemed disposition that can trigger significant taxes before heirs receive anything. While a principal home is tax-free, rental properties, cottages, and RRSPs can create large capital gains and i...
Markham’s housing market continues to reflect the same long-term cycles that have defined Canadian real estate for decades, periods of slowdown followed by steady recovery. Despite headlines claiming that the “real estate boom is over,” demand in Markham remains deeply rooted in fundamentals like i...
