November 28, 2019

New Developments Market Update: November 2019

New home market at typical activity level in October October was a busy time in the GTA new home market, as is typically the case every year. Single-family home sales, with 1,296 detached, linked and semi-detached houses and townhouses (excluding stacked townhouses) sold, were up 178% from last October’s near-record low and even with the 10-year average, according to Altus Group* Sales of...

New Rules For Toronto Airbnb and Short-Term Rentals

5 things renters, short-term rental hosts and visitors should know about the changes Despite Toronto's decades-long condo building boom, the city statistics show that the vacancy rate has fallen. In fact, the rental market is almost as tight as it was in 2001. (Michael Wilson/CBC) Stricter rules governing Airbnbs and other short-term rentals in Toronto are coming following a decision...

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