Toronto’s Tech Boom Will Keep Real Estate Frenzy Going

Tuesday Sep 25th, 2018

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Toronto Real Estate

It's now in a class of  cities with booming tech industries and rapidly rising house prices, a new forecast says. Toronto's housing market has seen a marked slowdown since a new non-resident tax successfully pushed many foreign buyers out, but a forecast from real estate agency Engel & Völkers says a new phenomenon is about to take over as the driver of Toronto's housing boom: The tech industry. The influx of tech companies into Toronto's downtown core in... [read more]

What You Need to Know About the Overseas Investors Who Are Scooping Up Toronto's Skyline

Sunday Dec 11th, 2016

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WHAT YOU NEED TO KNOW ABOUT THE OVERSEAS INVESTORS WHO ARE SCOOPING UP TORONTO'S SKYLINE Forget low interest rates and the lack of single-family homes. Brokers and analysts are pinning Toronto's real estate insanity on a new scapegoat: a wave of wealthy foreign investors who swoop into showings over Skype, toss cash around like Canadian Tire money and leave their luxury penthouses empty. They'll do whatever it takes to call Toronto home - even if they never plan to set foot in... [read more]

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