John Lusink is President of RealServus Holding Corporation and its premium brokerages, Right at Home Realty and Property.ca Inc. He has close to 40 years of real estate experience including an award-winning commercial sales real estate career and ownership of a major residential real estate franchise.
High interest rates. Budget-crushing inflation. A tough employment market. The GTA has certainly faced its fair share of obstacles over the last couple of years, and yet… the city's real estate market just keeps on swimming.High interest rates. Budget-crushing inflation. A tough employment market. The GTA has certainly faced its fair share of obstacles over the last couple of years, and yet… the city's real estate market just keeps on swimming.
If there is a real estate market that is almost recession-proof, it’s Toronto. Whether you want to point to immigration or to our ongoing struggle with supply, the resilience is here to stay. If you, average property prices have grown, steadily and consistently over time. Yes, there have been dips, which is why I say “recession proof.
It’s here: Budget Day for the Trudeau government. But if you've been paying attention over the past few weeks, you'd know that the Feds have already dropped a number of significant housing announcements.It's truly not everyday that a sprawling land listing goes up for sale along one of Muskoka's "big three" lakes. So, if you've been waiting for a sign that says it's time to bring your cottage country dreams to life... this is it.
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