Jai Bains

07/25/2024

08/27/2021

02/09/2021

The Toronto Regional Real Estate Board says the area rang in the new year with a flurry of home purchases that pushed the average price up to nearly $1 million. The real estate board says January home sales reached 6,928, a 52 per cent jump from the 4,546 homes sold in the same month last …

02/06/2021

So, what I’m hearing is *no* predicted housing crash.

Depends on who you ask, but the majority of experts predict the market will remain mostly strong. An outlier? Federal housing agency, the Canada Mortgage and Housing Corp (CMHC). Last September, it forecasted that the market is heading for a major correction. While CMHC initially predicted that average prices would fall in 2020 and wouldn’t recover until 2021, the corporation says its timing may be off. Its chief economist says they still believe prices will decline in 2021 because the current demand is unsustainable due to the COVID-weakened economy.

01/25/2021

A Toronto realtor showed an East-York home to potential buyers, despite tenants self-isolating inside after being exposed to COVID-19.