by Daniel Foch | Jul 13, 2023 | Columnists
The Bank of Canada delivered another 25 basis points to the economy Wednesday — increasing the central bank’s overnight rate to 5.0 per cent. This furthered a historic tightening in monetary policy that brought interest rates from record lows back to rates we...
by Daniel Foch | Jul 6, 2023 | Boards & Associations, Columnists
The spring market is over. This June, 7,481 homes sold on the Toronto Regional Real Estate Board’s MLS — 16.5 per cent more homes sold than last June. TRREB’s analysts mention that Toronto’s real estate market posted a relatively strong June market...
by Daniel Foch | Jun 16, 2023 | Columnists
For the first time in several years, the number of homes sold in Canada went up on a year-over-year basis. The market saw 1.4 per cent more transactions than this month last year, continuing its growth towards the 10-year monthly moving average. This movement is a...
by Daniel Foch | Jun 2, 2023 | Boards & Associations, Columnists
Toronto’s real estate market posted an impressive culmination to its spring market rally, with a few notably positive indicators from the Toronto Regional Real Estate Board’s (TRREB) May data: The average price up 3.7 per cent since last month, though...
by Daniel Foch | May 16, 2023 | News
Spring has finally brought a breath of fresh air to the real estate market in Canada. The Canadian Real Estate Association released its numbers for April, and we saw an 11.3 per cent increase in home sales, our third consecutive month of increasing volume and the...
