Shifting housing needs during the pandemic and historically low-interest rates have been key drivers of demand in the Canadian market over the last six months. People who managed to enter the market a few years ago, and have seen their home values increase, are now looking to move up in the market to accommodate their changing needs.   Ontario - A Strong Start for 2021 Toronto, 12 February 2021 -- January 2021 home sales amounted to 6,928 – up by more than 50% compared... [read more]

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The housing market followed an unfamiliar path in 2020. Following the steep COVID-induced drop-off in demand during the spring, home sales roared back to record levels throughout the summer and fall. A strong economic rebound in many sectors of the economy, ultra-low borrowing costs and the enhanced use of technology for virtual open houses and showings fuelled and sustained the housing market recovery.   Ontario - Resale Market Thrives Despite Pandemic Toronto, January 06,... [read more]

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