Tag: real estate
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The Well’s Office Tower Wins Prestigious International Design Award
The Well has firmly established itself as one of Toronto’s premier destinations, and now the megacomplex at Front and Spadina adds another accolade to its list. Recently, one of its buildings received an international design award. Award-Winning Design at The Well The most striking feature of The Well on Toronto’s skyline is its 36-storey office…
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Canada’s Most Affordable Cities in 2024
As housing affordability continues to be a major concern in Canada, many are looking for cities where they can buy a home without breaking the bank. Based on a Royal LePage report, here are the most affordable cities in Canada for 2024, listed with their key affordability metrics. 1. Thunder Bay, Ontario Aggregate Price Q1…
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Mississauga’s M City Towers Win Prestigious International Design Award
Move over, Marilyn! Mississauga’s skyline now boasts a new focal point, as the M City towers have been awarded the ‘Award of Excellence’ for Best Tall Building by Height category (200-299 meters) by the Council on Tall Buildings and Urban Habitat (CTBUH). This accolade marks them as the best new builds in their height class…
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Here’s how much you need to earn to buy a home in Canada right now
Despite a slight decrease in mortgage rates, prospective homebuyers in Canada continue to face worsening affordability conditions. In April, this trend was particularly evident in major cities such as Toronto, as reported by Ratehub.ca’s latest affordability analysis. Affordability Analysis Highlights Increased Challenges Ratehub.ca’s study reveals that qualifying for a mortgage became more difficult in 10…
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Top 10 Rental Scams in Toronto: Essential Tips to Protect Yourself
Navigating the rental market in Toronto can be challenging, especially with the prevalence of rental scams that can trap unwary prospective tenants. Being informed is your first line of defense against falling victim to these fraudulent schemes. Here’s a guide to the top 10 rental scams in Toronto and how to avoid them. 1. The…
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Canadians owe nearly $1.85 for every $1 of disposable income, according to a study by RBC.
In recent times, Canadian households have seen a notable increase in their debt-to-income ratios. As of the first quarter of 2023, this ratio reached an alarming 184.5%, indicating that Canadians owe nearly $1.85 for every dollar of disposable income. A study by RBC highlighted that individuals between the ages of 35 and 44 have an…
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How much it costs to rent in Canadian cities – April 2024
Canada’s Rental Market Overview: Price Trends Across Major Cities The rental landscape in Canada continues to witness fluctuations in pricing, shaped by various economic forces. According to the latest data from Urbanation and Rentals.ca, the average rent for all residential properties in Canada was pegged at $2,181, marking an 8.8% increase from the previous year.…
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Your ultimate guide to exploding your growth on Instagram and gaining new real estate clients in 2024
In today’s digital age, social media platforms play a vital role in connecting businesses with their target audience. For real estate professionals, Instagram has emerged as a powerful tool to showcase properties, build a brand, and attract potential buyers. On Ontario Housing Market‘s instagram, we have shared almost 5,000 unique posts in the last 3…
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47% of Canadians are living paycheque to paycheque, according to a recent poll.
The financial landscape for many Canadians is becoming increasingly challenging. Factors like inflation, escalating rent and home prices, rising interest rates, and hefty taxes are stretching personal finances thin. Recent studies indicate that nearly half of the working population in Canada is living paycheck to paycheck. Understanding the Pressure on Personal Finances For many Canadians,…
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Ontario Landlord Charges $500 for Tent Space Amid Housing Crisis
In Ontario, a rental advertisement has caused a stir by offering tent spaces for $500 on private property, highlighting the severe housing affordability issues in the area. The ad, which was quickly removed from Kijiji, targeted individuals living in makeshift tent communities and offered a spot on a private cottage property in Innisfil, near Barrie.…
Canada Housing Market 