#houses

Real Estate News-Royal York Property Management

05 Sep: Real Estate News

GTA seniors delaying downsizing, putting housing squeeze on younger people: study A growing trend among Toronto-area seniors to delay downsizing efforts and remain in their homes for longer could indicate future housing pressures for younger generations, a new report said Thursday. The Canada Mortgage and Housing Corporation analyzed 10 years worth of housing data among residents…

Real Estate News Royal York Property Management

03 Sep: Real Estate News

Elevated immigration fuels GTA rental market Apartment investment insights from Marcus & Millichap A strong GTA rental market fuelled by favourable demographics lifted transaction velocity 8 per cent over the four quar­ters ending at mid-year 2019, according to a new report from Marcus & Millichap Real Estate Investment Services. Citing widespread buyer activity and elevated interest…

Allowing-property-owners-to-use-secondary-suites-as-short-term-rentals-bad-for-Toronto’s-rental-market-expert-says-Royal-York-Property-Management

30 Aug: Real Estate News

Allowing property owners to use secondary suites as short-term rentals bad for Toronto’s rental market, expert says Allowing property owners to use secondary suites as short-term rentals would encourage more landlords to convert their units to Airbnb-style rentals, rather than providing homes to long-term tenants. And that would exacerbate an already tight rental market and high rents,…

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…

A-reset-on-repurposing-Toronto-school-board-real-estate-Royal-York-Property-Management

23 Aug: Real Estate News

A reset on repurposing Toronto school board real estate It’s one of Toronto’s most tangled land use headaches. With 600 properties comprising more than 2,000 hectares, the Toronto District School Board is by far the city’s the largest property owner, but one plagued with systemic trends it has little power to control: long-term enrolment declines,…

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…

Houses Toronto-Royal York Property Management - Nathan Levinson

01 Jan: Real Estate News Crash? Recovery?

Crash? Recovery? 4 Things That Will (And Won’t) Happen In Canada’s Housing Market In 2019 With house prices at astronomical levels in many cities, a growing number of Canada’s would-be homebuyers are hoping for a market crash. In Vancouver, North America’s least affordable housing market, a recent poll showed nearly two-thirds of residents, including many homeowners, want…