IMMIGRATION AND HOUSING SUPPLY

IMMIGRATION AND HOUSING SUPPLY The second quarter of 2022 marked the fastest population growth in Canada since the height of the baby boom, with our population growth pace the highest among the G7 nations. This is great news for our country because immigrants keep us...
SAY, WHAT?

SAY, WHAT?

SAY, WHAT? At Baker Real Estate Incorporated, we are busier than ever. Recently, we launched three of the Greater Toronto Area’s most anticipated and significant condominium communities, and our pipeline for the remainder of the year and into 2023 is robust, with no...
WHEN IT COMES TO HOUSING, WHO DEFINES AFFORDABLE?

WHEN IT COMES TO HOUSING, WHO DEFINES AFFORDABLE?

WHEN IT COMES TO HOUSING, WHO DEFINES AFFORDABLE? For years, we have been reading about affordable housing and how difficult it is to find in Ontario, and in fact across Canada. But what does the word “affordable” mean? Who defines it?CMHC has defined it to mean that...
STATISTICS SHOW STRONG FEBRUARY SALES FOR THE GTA

STATISTICS SHOW STRONG FEBRUARY SALES FOR THE GTA

STATISTICS SHOW STRONG FEBRUARY SALES FOR THE GTA According to Altus Group, February 2022 new home sales in the GTA were strong, with overall sales being 17 per cent above the 10-year average (https://bit.ly/3JFsOIG). Condominiums did especially well, with sales up 78...
IMMIGRATION ON THE RISE

IMMIGRATION ON THE RISE

IMMIGRATION ON THE RISE Recently, Canadian Immigration Minister Sean Fraser announced his plan to welcome 431,645 new permanent residents this year, 447,055 in 2023 and 451,000 in 2024 – to a total of 1,329,700. These projections represent a huge difference from the...