Latest News

14 Jul 22

Roommates, multi-generational homes rising amid increasing costs, immigration: census

CP24 Published Thursday, July 14, 2022 12:00AM EDT Written By: Tara Deschamps, The Associated Press Photo By: Shopify Partners via Burst
03 May 22

Rent Prices In Toronto Expected To Keep Rising Until Something Major Changes

BlogTO Published: May 3, 2022 Written By: Lauren O’Neil Photo By: Matthew Henry from Burst
15 Jul 22

Ontario Raises Rent Increase Cap from 1.2% to 2.5% for 2023

TORONTO STOREYS Real Estate News PUBLISHED: 12:28 PM JUN 29, 2022 Written By: Laura Hanrahan Photo By: Michelle Adams from Burst
12 Apr 23

Bank of Canada Holds Key Interest Rate at 4.5%

TORONTO STOREYS PUBLISHED: April 12, 2023 Written by: Laura Hanrahan
29 May 23

More than half of GTA condo investors losing money on properties, says new report Social Sharing Facebook Twitter Email Reddit LinkedIn

‘A change in investor behaviour is on the horizon,’ report says The research from the Canadian Imperial Bank of Commerce and real estate research firm Urbanation found 48 per cent...
06 Sep 23

Over 30 GTHA Condo Projects Delayed As Developers Await “Better Market” For Launch

An additional 8,000 units would have been added to the Toronto and Hamilton area’s housing supply stock if not for affordability challenges brought on by sticky inflation and rate realities....
04 Aug 23

GTA Condo Developers Are Dropping Prices For First Time In 10 Years As Sales Slow

Discounting prices, says a new report, is one way in which condo developers are attempting to entice purchasers to invest in their projects as affordability challenges rage on. TORONTO STOREYS...
29 Sep 23

Toronto Green-Lights 6 Storeys On Major Streets, Extends RGI Registration Deadline

Toronto Housing Chair Gord Perks says that policy alone won’t solve the city’s housing challenges, and calls on the federal and provincial governments to “step up” and invest in housing....
03 Nov 23

Survey Says: Nearly Half Of Canadian Renters Actually ‘Prefer’ To Rent

A national, first-of-its-kind survey hones in on the lived experience of today’s tenants, and reveals that 46% rent by choice. TORONTO STOREYS PUBLISHED: September 13, 2023 Written by: Zakiya Kassam...
07 Feb 24

Weak condo market in downtown Toronto leads to dip in rental rates, increased vacancy

THE GLOBE & MAIL PUBLISHED: February 7, 2024 Written by: SHANE DINGMAN Photo by Matthew Henry from Burst
23 Jan 24

Average GTA Rents See Largest Quarterly Decline Outside The Pandemic

TORONTO STOREYS PUBLISHED: January 23, 2024 Written by: Zoe Demarco Photo by Adrien Olichon from Burst According to new data from Urbanation, the average rent for a condo in the...
20 Mar 24

With Two Months Of Near-Target Inflation, Can The BoC Finally Cut Interest Rates?

TORONTO STOREYS PUBLISHED: March 20, 2024 Written by: Laura Hanrahan Photo by: Shutterstock With January’s 2.9% inflation rate followed by February’s promising 2.8%, it certainly seems like a promising downward...