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New mortgage stress test to hit ‘move-up’ home buyers

New mortgage stress test to hit ‘ [...]

Expanded stress testing of mortgages will have “a significant dampening effect” on the housing market and could hit move-up home buyers hardest, says BMO financial group chief economist Doug Porter. The latest lending restrictions announced by the Office of the Superintendent of Financial Institutions (OSFI) on Tuesday, could also slow interest rate increases next year […]

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RioCan selling up to $2 billion in real estate in smaller markets to focus on Canada’s big six cities

RioCan selling up to $2 billion in [...]

Canada’s largest real estate investment trust is putting $2 billion of its holdings, comprising about 100 properties, onto the market over the next two to three years, a mix of assets in secondary centres that RioCan doesn’t want any more but hopes others will jump at. Toronto-based RioCan’s said Monday it is accelerating its plan […]

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Home affordability in Canada worst in almost 30 years, Toronto’s worst ever, says RBC

Home affordability in Canada worst [...]

Housing affordability in Canada hit the worst level in 27 years in the second quarter of this year, according to a Royal Bank of Canada report. RBC Economics said in a report Friday that its housing affordability measure for Canada deteriorated for the eighth straight quarter. The Toronto area was the hardest hit, where RBC […]

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Sam T.

I'm a foreign investor and have multiple properties throughout the GTA. The Royal York Property Management online portals have been great tool for me to stay updated with my properties.

Greater Toronto Area, ON

Hussain S.

Nicole gave me great advice on how to increase my rent. Royal York has been a great property management company for me.

Mississauga, ON

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Thank you Mr. Aaron for doing a great job at finding me excellent tenants for my property.

Brampton, ON

Natasha Z.

Royal York Property Management was there for me every step of the way when I was going through a hard time in my life when I no longer had the time to manage my properties.

Toronto, ON
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