Canada's population has surpassed 40 million people in 2023, according to Statistics Canada. Canada has been experiencing a steady surge in its population over the past few decades, largely fueled by immigration and natural growth. This demographic shift has led to a significant impact on various aspects of Canadian society, one of the most notable being the housing market. In this blog we explore the relationship between Canada's growing population and its influence on Ontario's housing affordability.

Pickering, Ontario, has emerged as a rapidly growing city with a dynamic rental housing market. As an integral part of the GTA’s real estate landscape, Pickering has attracted both residents and investors due to its strategic location, diverse amenities, and accessibility to major transportation routes. In this blog, we will delve into the current state of Pickering’s rental housing market, with a specific focus on condominium rentals.

Major transformation is taking place in Pickering, a vibrant city in Southern Ontario. Set to become a major economic and cultural hub, the upcoming development of Pickering City Centre is a testament to the city's commitment to progress and growth.

For residential investors seeking promising opportunities, the city of Pickering stands out as a smart choice. Pickering offers a unique blend of economic, geographical, and lifestyle advantages that make it an attractive destination for real estate investment.

Toronto’s fall real estate market signals a return to its pre-pandemic norm — with higher prices. The lack of listings means buyers will still face stiff competition. The rental market makes a strong recovery as office workers & students return.

Last year, in the thick of the pandemic we saw a 22% increase year-over-year of new condominium sales in the GTA to 6,386 units, reaching a record high for third quarter activity. Investors remained confident about the Toronto new condo market and a year later the confidence and demand is stronger.

Remember when people said downtown is dead and no one will ever return? That did not turn out to be exactly true. Toronto vacancy rate declines to 3% in Q3-2021 and record number of condo lease activity was also recorded in Q3-2021. The downtown, it's very much back!

According to Urbanation's Q2 2021 Rental Market report, the GTA rental market recovery began in Q2 with a surge in leases, reduced vacancy, and an increase in rents as lockdown measures began to ease. Read on to learn more about the current state of downtown Toronto's condo rental market.

Toronto's downtown condo segment is staging a comeback with sales nearing pre-pandemic levels. Sales of new pre-construction condos are perhaps one of the quickest rebound stories in Toronto real estate. With a strong start to the year, new condo sales finished the first quarter strong as well.

It's going to be a strong year for Toronto real estate - hang on tight! All "expert" predictions for 2020 turned out to be incorrect. It may not be wise to predict for 2021, however based on what we've seen over the past year and early this new year, we are sharing a few trends we expect to see in 2021.