The August 2024 housing stats are out! TRREB Chief Market Analyst Jason Mercer said: “As borrowing costs trend lower over the next year-and-a-half, home buyers will initially benefit from both lower monthly mortgage payments and lower home prices. Even as demand picks up, especially in 2025, it will take…

The July 2024 housing stats are out! TRREB Chief Market Analyst Jason Mercer said: “As more buyers take advantage of more affordable mortgage payments in the months ahead, they will benefit from the substantial build-up in inventory. This will initially keep home prices relatively flat. However, as inventory is absorbed,…

  Welcome to my blog on housing, culture and design in Toronto, Ontario, Canada. I’m Steve Fudge and I’m celebrating my 35th year as a realtor and property consultant in Toronto, Ontario, Canada. I want to start this post by stating that I believe shelter is a right, not a…

  Welcome to my blog on housing, culture, and design! I’m Steve Fudge, celebrating over 3 decades as a realtor and property consultant in Toronto, Ontario, Canada. The City of Toronto has recently approved a new Major Streets Bylaw which will pave the way (pun intended) for more mixed-use gentle…

The May 2024 housing stats are out! TRREB Chief Market Analyst Jason Mercer said: “Affordability is expected to improve further as borrowing costs trend lower. However, as demand picks up, we will likely see renewed upward pressure on home prices as competition between buyers increases.” Here is the Toronto Real…