MARKET NEWS | CondoWong Real Estate

UNEXPECTED Vacant Home Tax Bill: 150,000 People in Toronto Received a Vacant Home Tax Bill

“Dan, I just received an $8,000 bill for vacant home tax! What the heck is going on?” “Did you file your vacant home tax declaration?”...

2024 1st Quarter Toronto Real Estate Market Update

Is the Toronto real estate market really recovering? It was hard to tell when we only had one or two months of data. Now that we are done...

NEW Renters Bill of Rights - Bad News for Landlords?

According to the 2021 census, roughly 33% of Canadians are renters. What about the age group from 15 to 29? The percentage of renters...

Landlords Beware! CondoWong's Bad Reputation from Agents and Tenants in Toronto

A few days ago, we received some interesting phone calls from fellow agents. They said there is a rumor going around the City of Toronto...

How Buyers, Sellers & Agents Adapt to Toronto Housing Market Changes in 2024

We are now entering the spring market! Historically, spring is a very busy time in Toronto real estate. The weather is much warmer and...

$599,990 • 101 Peter St #3405, Toronto

1 Bedroom • 483 SF

$599,999 • 225 Sumach St #804, Toronto

1 Bedroom • 538 SF

How to Assign a Condo Unit FAST - Don't Walk Away Until You Watch This!

At the very beginning of 2023, I published this video in response to news headlines saying “Record Number of Condos to Flood Toronto...

New Trend in Toronto Housing Market 2024

This past week, the Toronto Real Estate Board released the February statistics and the Bank of Canada announced its interest rate...

$520,000 • 319 Jarvis St #603, Toronto

Studio • 328 SF

$805,000 • 35 Tubman Ave #307, Toronto

2 Bedroom 2 Bathroom • 765 SF

Why Rate Cuts Won't Help Canada's Inflation

The breaking news for this week is definitely the surprising inflation rate for the first month of 2024. Canada’s inflation rate tumbles...

$990,000 • 488 University Ave #4811, Toronto

1 Bedroom + Den • 620 SF

$767,000 • 7950 Bathurst St #1511, Thornhill

2 Bed 2 Bath • 817 SF • Occupancy April 2024

$533,000 • 15 Mercer St #422, Toronto

1 Bedroom • 534 SF • Occupancy March 2024

Real Estate Market Comparison: Calgary vs. Vancouver vs. Toronto

Last week, RBC released a report saying that we are seeing early signs of a housing market upturn across Canada. I’m going to make things...

Toronto Real Estate Market Recovery - Too Fast, Too Soon?

At the very beginning of this year, I shared with you that I could feel a very strong momentum coming from end users and 2024 would be...

$660,000 • 55 Mercer St #3605, Toronto

1 Bedroom • 479 SF • Occupancy March 2024

$592,990 • 321 King St W #2001, Toronto

1 Bedroom • 452 SF • Occupancy June 2024

Is the 35% Cut on International Students in Canada going to Crash the Toronto Rental Market?

Last week, we talked about the potential 10.5% increase in property tax in the City of Toronto. This week, it’s the Federal government’s...