Month: July 2022

Why aren’t rents dropping even though home sale prices are nosediving?

The GTA real estate market is going through a big transition. Houses are sitting for days on the market and sales are falling well below asking averages. The Bank of Canada continues to aggressively rise up interest rates and with it, lendor mortgage rates go up. This whole cycle has led to dramatic price declines …

Why aren’t rents dropping even though home sale prices are nosediving? Read More »