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Mid-April Market Update

Deanna Allegranza Real Estate Blog Market Update

The Impact of Covid-19 on the Toronto Real Estate. With all of the Covid-19 measures in place, it has translated into a temporary drop in the number of transactions.  And, it’s anticipated this will persist until we experience a sustained decline in the number of positive cases of Coronavirus. What Can We Look Forward To? […]

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Canada’s New Mortgage Rules

Your Guide to Understanding the Changes, and How they’ll Affect Home Buyers. You may have heard the Government is changing the mortgage stress test, making it easier for borrowers to qualify for a loan. Under the current (“old”) rules, home buyers with a down payment of less than 20% are subject to a stress test that determines whether […]

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February 2020 Real Estate Market Stats

The Numbers are In! Here’s what happened in February 2020 In line with TRREB’s 2020 outlook, February saw strong sales and price growth. There were 7,256 residential transactions in February, representing a  45.6% increase in sales compared to February 2019. After seasonal adjustments, February saw a 14.8% sales increase vs. January 2020. There was a […]

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January 2020 Market Insights

How the Toronto Real Estate Market Performed The Toronto Real Estate Board is projecting that prices will increase in 2020. Robust economic conditions, strong population growth and low borrowing costs will fuel an increase in home sales. With the mortgage stress test in place, buyers are moving away from buying more expensive detached homes, and […]

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Toronto’s 2019 Year-End Market Insights and 2020 Real Estate Market Outlook

2019 Toronto Market Stats & 2020 Market Outlook

How the Toronto Real Estate Market Shaped up in 2019, and What to Look Forward to in 2020. 2019 was an interesting year, and it looks like 2020 will be a good one.  Here’s what you can look forward to as we move into the new year. Price increases are expected in the Canadian housing […]

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How New Rules for Toronto’s Short Term Rental Scene Will Impact Landlords

Key Points of the recent LPAT Ruling

Are big changes coming to Toronto’s Airbnb scene?  According to the City of Toronto, we’ll know more in December.  New Ruling On November 18th, LPAT upheld the decision by City Council to regulate short-term rentals in Toronto.  Who is LPAT? The Local Planning Appeal Tribunal (LPAT) is an adjudicative tribunal that hears cases and makes […]

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What You Need to Know About Buying an Investment Property in Toronto

If you’re thinking of expanding your Real Estate portfolio to purchase an investment property in Toronto, it’s helpful to understand a few of the basics.   Owning a second (or even third, fourth or fifth) property may be easier than you think! First, it is important to understand your home equity.  What exactly does that […]

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