
Real estate investors in Toronto (or any other hot market) know that the returns from capital appreciation far exceeds cash-flow – and this becomes an attractive trap to fall into.
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This week we see immigration in the GTA continuing to sore, improving Canada's economic growth. Condominium prices per square foot are rising, costing more than a single detached home.
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As part of a five year, $148-million international education strategy, the federal government has guaranteed $30-million to focus on bringing in an increased international workforce into Canada.
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This week we are hearing great news for those who already own a home or condominium in Toronto, or are interested in investing in the market. In just half a decade between 2014 and 2019, values have increased by more than 100%.
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This week we see that despite the increase in unemployment rates overall, the real estate job market continues to boom in Canada.
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This week we see condo sales numbers near an all-time high, particularly in the suburbs of Toronto.
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