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Since January 1, hosts must choose between registering as an entire-unit or partial-unit short-term rental operator. The registration and renewal fee for short-term rental operators will increase to $375.

In some families, it’s a day to spend time playing in the snow, building snowmen, or having snowball fights. Some families take advantage of the long weekend to have a "staycation" and enjoy the activities in their own city or town. Take advantage of this wonderful time of year to reinforce your family bonds. Wishing…

Valentine’s Day occurs every February 14 around the world, and candy, flowers and gifts are exchanged between loved ones, all in the name of St. Valentine Valentine greetings were popular as far back as the Middle Ages, though written Valentine’s didn’t begin to appear until after 1400. By the middle of the 18th, it was…

Greater Toronto home sales ↓ 1.8% in December, totalling 3,359 transactions. The avg selling price ↓ 1.6% yearly to $1,067,186 in December.

Toronto struggles with a sharp decline in condominium starts despite its historically large volumes. Toronto reported 6,301 annualized rental starts, falling behind Edmonton's 7,190 units.

Toronto rents hit a 28-month low in November, with average rent falling to $2,640. Toronto’s studio rent ↓ 7%, reaching an avg of $1,932, while one-bedroom rent ↓ 8%.

Canada’s housing market will face slower growth due to a 0.2% annual population decline over two years. The country's population is expected to shrink from 41.3 million in 2024 to 41.1 million in 2026.

The Bank of Canada reduced the key interest rate by 25 basis points, bringing it to 3%. Economic uncertainty played a significant role in the rate cut. The next interest rate decision is scheduled for March 12, 2025.

In November 2024, 75% of GTA homes sold for less than the asking price, up from 70% in October. Despite some competition, buyers continue to secure homes for lower prices than listed, especially in Toronto.