Nikolay and Tatiana Team

Real Estate Market Watch

Toronto Real Estate Market 2023-2024: Numbers And Forecast Overview

  The real estate market slowdown in Toronto has reached its logical conclusion, along with other challenging moments over the past 20 years. 2023 was not an easy year in Toronto Real Estate, but things will only get better from now on. Nikolay Klyushkin , a realtor from the Nikolay and Tatiana Real Estate team …

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What’s Ahead for Real Estate in 2019?

What’s Ahead for Real Estate in 2019? As we begin another year, everyone wants to know: “Where is the housing market headed in 2019?” The Canadian real estate market experienced a cooldown in 2018 following years of rapid growth. This left many homeowners and potential buyers feeling skittish. Fortunately, economists expect the market to stabilize …

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Newmarket and Toronto Real Estate Market News- July 2018 In Numbers 🔝

Hello Everyone, Toronto Real Estate Board announced strong growth in the number of home sales and the average selling price reported by Greater Toronto Area REALTORS® in July 2018. “Home sales result in substantial spin-off benefits to the economy, so the positive results over the last two months are encouraging. However, no one will argue …

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Rental Fairness Act: What You Need To Know

In 2017, a new piece of legislation was implemented to amend  the Residential Tenancies Act, 2006 –  The Rental Fairness Act. This new legislation expands rent control to all private rental units, including those first occupied on or after November 1, 1991 and sets an annual cap on rent increases tied to the Consumer Price Index. The legislation …

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CMHC Stress Test Says House Prices Could Drop 30% On Interest Rate Spike

A sudden interest rate increase that spikes borrowing costs, causes a big drop in house prices and leads to the failure of a domestic financial institution could cost Canada Mortgage and Housing Corp. more than $1.1 billion in insurance losses, but the federal agency says it could weather the storm. That scenario was just one of …

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