While Toronto’s residential real estate market continues to be shaky, its commercial real estate market is thriving. Even as supply dwindles, demand remains high. The low supply and high demand have pressured prices upward, great news for commercial real estate investors. A recent report by Morguard found that Toronto’s stable economy is a bonus...Read More
As home sales continue to remain low across Canada, real estate developers are looking beyond its borders. More specifically, they are now eyeing Mainland China. Juwai.com, the largest overseas property website in China, recently conducted a survey on real estate developers. It found that over a third of Canadian developers are looking to...Read More
The Canadian government recently announced that Canada would increase its immigration intake. Immigration Minister Ahmed Hussen made the announcement that by 2021 Canada would accept 350,000 individuals a year as part of a three-year immigration plan. The majority of these works will come under programs designed to fill skill shortages in the labor market....Read More
Toronto’s real estate market has been a little rocky this year. The market had a slow start to the year, but home sales and prices have risen during the summer and fall months. October saw strong sales compared to this time last year. The Toronto Real Estate Board says the average sale price...Read More
The Ontario Real Estate Association (OREA) has made more than three dozen recommendations to the provincial government on ways it should update the rules governing realtors, including allowing for a more open bidding process for buyers and sellers. This could be a game changer for home buyers who are currently forced to bid blindly...Read More
The world has finally realized what Toronto residents have known all along. The Economist Intelligence Unit just named Toronto one of the most liveable cities in the whole world. Toronto tied with Tokyo as the seventh most liveable city in the world. The EIU assess cities based on a number of factors, awarding...Read More
On September 20th, Kingmount Capital hosted our first ever Investor Appreciation Event to celebrate the Mid-Autumn Festival with our valued Investors. The event took place at George restaurant, a staple in the Toronto restaurant scene, and is representative of our aspiration to be a staple in the GTA real estate investment scene. The event...Read More
Canada’s real estate market had a rough start at the beginning of this year. Tighter mortgage rules, the implementation of the foreign buyer and speculative taxes, and extremely high prices led to a slow start. However, thanks to Toronto the country’s real estate market is regaining strength. Increases in Toronto have pushed Canadian...Read More
There is a lot of uncertainty when it comes to buying, selling, or investing in Toronto’s red-hot real estate market. Thanks to a new court ruling though, that is about to change. The Supreme Court of Canada recently stated that they would not hear an appeal from the Toronto Real Estate Board (TREB). TREB...Read More
Toronto home sales have stabilized, but the Greater Toronto Area’s rental market remains hot. Rental availability in the city is low and prices continue to increase. The average monthly rent for a condo has grown by 11.2 per cent. As Toronto universities begin their new school year the influx of students arriving in...Read More
