Ontario’s Improved Credit Rating Boosts GTA Growth
Ontario's improved credit rating allows for lower borrowing costs, benefiting GTA residents and families. GTA families will receive $1K in rebates to help combat high interest rates and taxes.
GTA Home Prices End Year Down Less Than 1%
Toronto real estate faced its slowest year in decades, with condo sales dropping to a 27-year low. A surge of 166,121 new listings in 2024 created abundant inventory, 16.4% higher than 2023.
Mid-Q4: Toronto Rent Prices Fall 9.4% Yearly
Toronto rents hit a 28-month low in November, with average rent falling to $2,640. Toronto’s studio rent ↓ 7%, reaching an avg of $1,932, while one-bedroom rent ↓ 8%.
New 10-storey apartment tower with over 100 units could be coming to Brampton
A new 10-storey condominium tower with over 100 units is proposed for Brampton's north end, along McLaughlin Road. The development includes 25 one-bedroom, 43 two-bedroom, and 37 three-bedroom units, totaling 105 suites. Concerns from residents include traffic congestion, noise, and potential decreases in property values. The project aims to be part of a "complete community" […]
Inside Brampton’s 2025 budget: property tax increase and major infrastructure developments unveiled
Brampton city council has adopted the 2025 budget, marking its second "strong mayor" budget, primarily managed by Mayor Patrick Brown. The budget includes a 2.9% property tax increase, with 1% allocated for a hospital levy. Key investments include $300 million for a new transit facility, $148 million for the Embleton Community Centre, and funding for […]
Things Homeowners Should Check in Winter
Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.
GTA Housing Market Slows Amid High Rates
Greater Toronto home sales ↓ 1.8% in December, totalling 3,359 transactions. The avg selling price ↓ 1.6% yearly to $1,067,186 in December.
Happy Lunar New Year
恭喜發財. Wishing you prosperity. Lunar New Year, is the most important celebration observed in China, with cultural and historic significance.The New Year celebration is centered around removing the bad and the old, and welcoming the new and the good. Traditional activities include reunion dinner, cleaning houses, visiting family members, setting off firecrackers and fireworks, and […]
Toronto Office Vacancy Hits 18.6%, Peaking in 2025
Toronto's office vacancy rate stands at 18.6%, driven largely by older buildings struggling for tenants. Office vacancy is expected to peak in early 2025, marking the end of the remote work adjustment.
ओंटारियो के मंत्रीयल ज़ोनिंग आदेश प्रक्रिया में सुधार की ज़रूरत, ऑडिटर जनरल का कहना
ओंटारियो के ऑडिटर जनरल ने मंत्रीयल ज़ोनिंग आदेश (MZO) प्रक्रिया में सुधार की मांग की है, खासकर प्रीमियर डग फोर्ड की सरकार के तहत इसके बढ़ते उपयोग को देखते हुए। ऑडिट में पाया गया कि मंत्रालय ने MZOs की आवश्यकता का सही आकलन नहीं किया, जिससे विवादास्पद परियोजनाओं की मंजूरी बिना प्रभावित पक्षों से उचित […]