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New Laws that Affect Buyers and Sellers

At the start of 2023, several new government policies impacting buyers and sellers came into effect. Here is a breakdown of three of the most noteworthy. Foreign Buyer Ban Non-Canadians are prohibited from purchasing residential properties, including detached and semi-detached…


January 2023 Real Estate Market Update

The Greater Toronto Area (GTA) housing market unfolded as expected in January, with the number of sales and overall selling price similar to December 2022. Also unsurprisingly, both sales and prices were down markedly on a year-over-year basis, continuing to…


Scathing Report of Condo Sector Raises Flags

Initial condo fees set by developers are typically understated to attract potential buyers. This is according to Ontario’s auditor general, Bonnie Lysyk, whose 2020 annual report raised several other concerns about the condo industry. Released Dec. 7, the audit revealed…