Ontario Real Estate Association Donates $480,000 to Shelters
byTo provide immediate relief for over 50 Ontario shelters and shelter-based charities.
Real Estate
How COVID-19 Could Impact Hamilton’s Real Estate Market: RE/MAX
by“There remains a good deal of optimism.”
Apartment Rents in Canada Could Drop Following Pandemic: Report
byDue to less immigration, fewer international students, and not nearly as many seasonal and part-time workers.
Home Prices in Toronto Could Drop More Than 14% By 2023: Report
byAccording to credit ratings agency DBRS Morningstar.
Average Rent for Toronto 1-Bedroom Drops Nearly 3% in April Year-Over-Year
byAnd the average rent for a 2-bedroom dropped 4.1%.
Detached Homes and Condos in Toronto Hit Hardest By COVID-19
byDetached home prices have dropped -13% in the past week.
Housing Sector in Canada Expected to Rebound By End of 2020: Altus Group
by“Don’t underestimate how fast things may come back.”
80% of Real Estate Agents Expect Business to Return to Normal Within 12 Months: Survey
byWhile more than 50% believe it will take just 6 months for home buying to get back on track.
CIBC Forecasting Canadian Home Prices to Drop 5-10% Relative to 2019 Levels
by“Let’s start with the good news (and there isn’t much of it).”
Toronto Property Management Company Pledges Additional $1M for COVID-19 Relief
byYour good news story for the day.