Today, the provincial government introduced Ontario's Fair Housing Plan, which includes 16 measures to help cool Toronto's hot real estate market. Below is an overview of the measures and what I think will happen if they get passed - some of them are good, some are bad, and some are just plain ugly... Rental Housing [...]
7 Fern Avenue was listed on Tuesday, April 4th at $979,000. Four days later it sold for over asking, a new record for a 12.5 foot wide rowhouse. So, what happened? How did it sell so quickly? This house was a charming Victorian rowhouse in a great Roncesvalles location. However, it needed quite a bit [...]
The demand is real. Toronto house prices are increasing faster than any other city in the world! In the past year, Toronto house prices rose 19%. Monte Burris sat down with CTV News to discuss this topic and what it means for the spring market.
Home prices in Toronto are up 22.6% over last year, causing economists to call Toronto's market a bubble. Last night Monte Burris spoke with CTV to discuss how the Toronto "housing bubble" is impacting both buyers and sellers, and whether or not it will burst anytime soon.
As we approach the spring market, Toronto and the GTA are still experiencing a housing supply issue. Monte Burris sat down with CTV news to discuss how housing prices will continue to increase dramatically until some policy comes into effect.