Toronto Real Estate Weekly

BMO PREDICTS A "CORRECTION OR WORSE" IN CANADIAN REAL STATE

BMO predicts that home prices will cool along with interest rates. The trend can become more serious if interest rates need to rise more aggressively. This is a strong possibility, since a late policy response requires a bigger shock to make its point.

Source: BETTER DWELLING

The house price report today is $1,211,595 and 6,245 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 9 days.

Source: Zolo

The current average house price is $1,235,956 with 5,992 new listings in the last 28 days. As of today, Toronto housing data shows median days on market for a home is 9 days.

Source: Zolo

"The latest National Rent Report, As employees return to the office and the population moves beyond the pandemic, Bullpen Research & Consulting expects the demand for rentals to gradually increase."

Source: BLOGTO

CURRENT 4-BEDROOM PRICE IS NOW 10% HIGHER THAN LAST YEAR

The current average rent for a 4-bedroom apartment is currently $3,950. This is a 10% increase compared to the previous year.

Source: Zolo

Don't want to throw away things and yet you still have no place to put them? Here are some ideas to help you organize small and big things in your home.

- Repurpose your old carts
- Dust off your old bags and use them as fashionable baskets
- Use the space underneath tables for storage
- Create DIY floating shelves made out of boxes or sticks.
- Dual purpose: using storage boxes as tables

What other storage ideas do you have?