“Should I sell and take the loss, or hold on and rent it out?” Over the past few months, this has been the #1 question I’ve been getting from condo investors. Many purchased pre-construction condos during the peak of the 2021–2022 market, only to close today facing a monthly cash shortfall of $1,500+ and an equity loss exceeding $150,000. To …
Speed read – TL;DR: ⚡Average prices have increased by 15% year-to-date! ⚡BoC hikes 25bps again — and there may be more to come. ⚡Strong immigration is causing rental market to go crazier! ⚡Five TRREB districts price comparison – Toronto, Peel, Halton, York & Durham. GTA Market – Strong growth year-to-date We are in the middle of the Spring market and GTA …
