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Royal York Property Management

11 Sep: Real Estate News

The right way to buy a home for your adult kids When Ashton Paul was looking for a larger home to settle down, he turned to his parents for help. Mr. Paul, 35, had already proven he could handle the expenses that come with home ownership. In 2009, he gave his parents $70,000 toward a…

Toronto’s-Bloor-Yorkville-Canada’s-priciest-retail-corridor-Royal-York-Property-Management

09 Sep: Real Estate News

Toronto’s Bloor-Yorkville Canada’s priciest retail corridor Toronto’s Bloor-Yorkville neighbourhood is home to the fifth-most expensive retail corridor in North America and a number of factors have lined up to keep it that way, according to a new JLL report. “Bloor-Yorkville is representative of what is happening in the Toronto urban market and high-street retail,” Tim Sanderson,…

This-Week’s-Top-Stories-Toronto-And-Vancouver-Real-Estate-Sales-Soar-And-Borrowing-Rates-Are-On-The-Decline-Royal-York-Property-Management

29 Aug: Real Estate News

This Week’s Top Stories: Toronto And Vancouver Real Estate Sales Soar, And Borrowing Rates Are On The Decline Canadian Real Estate CMHC: Toronto Real Estate “Highly” Vulnerable, Vancouver StabilizingWarning signs exist for Canada’s real estate markets, but things are improving. The CMHC sees “moderate” vulnerabilities across Canada. Toronto held its rating of “high” vulnerability, due…

News-Royal York Property Management

27 Aug: Real Estate News

Why house prices are unlikely to rise any time soon Two years ago, the Canadian housing market experienced one of its hottest springs ever, with prices in cities like Toronto and Vancouver rising at an alarming rate. But since then, real estate has lost its sizzle, thanks to the implementation of foreign buyer taxes, higher…

GTA-housing-sales-up-24.3-in-July-prices-rise-due-to-tighter-supply-Royal-York-Property-Management

21 Aug: Real Estate News

GTA housing sales up 24.3% in July, prices rise due to tighter supply TORONTO — The Greater Toronto Area‘s home price index was up 4.4 per cent last month as the supply of properties for sale tightened and the number of sales jumped 24.3 per cent from July last year, the Toronto Real Estate Board reports….

Amid-strong-rentals-Toronto-real-estate-investment-holding-strong-Royal-York-Property-Management

19 Aug: Real Estate News

Amid strong rentals, Toronto real estate investment holding strong Strong immigration and employment growth is pushing Toronto’s investment rental property to the forefront, according to Marcus & Millichap’s Q3 2019 Multifamily Market Report covering the GTA. In the first half of 2019 alone, the region saw the addition of 81,600 new jobs to its economy….

Real Estate News

15 Aug: Real Estate News

When Will The Toronto Real Estate Market Crash? As we complete the first half of 2019, we can see that the market has been pretty unpredictable. Toronto saw a price surge in the spring in some areas, and many buyers remain skittish and uncertain due to the mortgage stress test. If you’re wondering when will Toronto real…

Real Estate News

13 Aug: Real Estate News

What Housing Bubble Toronto Realtor Bursts The Bubble Talk Is there a real estate bubble? Toronto realtor Scott Shallow doesn’t believe it—at least not for the Toronto real estate market. “In 2003 we started hearing about a bubble in Toronto. Major bank economists were calling for this bubble all through the 2000s and that has…

New Tenants

31 May: Real Estate News

As a landlord, your primary responsibility is to manage properties and make sure that everything runs smoothly and properly. Depending on your responsibilities and workload, you may have to consider seeking extra help, namely a property management service. What Is a Property Management Service? Property management companies manage prospectives and tenants directly, saving you time…

toronto-condo-skyline-royal york property management-nlevinson

04 Jan: Real Estate News

Toronto, Vancouver housing sales plummet to decade-lows in 2018 Canada’s priciest housing markets saw their worst year for sales in at least a decade as higher borrowing costs and stricter mortgage rules hit home. Sales in the Toronto region fell 16 per cent to 77,426 transactions in 2018 while the average price fell 4.3 per…