213: Toronto Real Estate - Winter 2021 Madness

What Madness is Toronto Real Estate Experiencing this Winter? 

How are Investors Reacting to the New Vacant Homes Tax? 

Are Housing Prices Outpacing Jobs in Ontario?

Articles Referenced in this Episode:

What Madness is Toronto Real Estate Experiencing this Winter?

https://www.theglobeandmail.com/real-estate/toronto/article-toronto-area-real-estate-is-back-to-full-on-madness/

https://www.cp24.com/news/january-home-sales-hit-new-record-for-the-month-as-prices-also-post-record-high-1.5310709

https://torontostoreys.com/would-be-homebuyers-facing-canadas-tightest-real-estate-market-on-record/

https://torontorealestatecharts.com/

https://betterdwelling.com/canadian-real-estate-sales-start-the-year-off-35-higher/

How are Investors Reacting to the New Vacant Homes Tax?

https://www.mansionglobal.com/articles/can-you-explain-torontos-upcoming-empty-home-tax-223723

https://www.blogto.com/real-estate-toronto/2021/02/real-estate-investors-toronto-sell-vacant-home-tax/

https://www.blogto.com/real-estate-toronto/2021/02/toronto-rents-continue-plummet-one-bedrooms-reach-lowest-price-4-years/

Hot Topics:

thestar.com/news/gta/2021/02/15/unicorn-helps-open-doors-in-toronto-housing-market-for-middle-income-earners.html

https://www.narcity.com/en-ca/news/toronto/london-real-estate-will-make-you-want-to-ditch-toronto-says-local-org

https://www.blogto.com/real-estate-toronto/2021/02/toronto-airbnb-hosts-earned-since-pandemic-hit/

https://royal-bank-of-canada-2124.docs.contently.com/v/canadian-immigration-interrupted-a-look-ahead-into-2021-pdf

https://www.cp24.com/news/ford-government-to-announce-friday-when-coronavirus-hotspots-in-gta-can-reopen-1.5314486

Are Housing Prices Outpacing Jobs in Ontario?

https://www.bnnbloomberg.ca/ontario-loses-355-000-jobs-in-2020-single-largest-decline-on-record-watchdog-1.1565410