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Paul DeAdder | Real Estate Sales Representative Serving 
Downtown Toronto | Royal LePage Urban Realty, Brokerage

My Real Estate Blog - Market Trends, Tips & Updates

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National office and industrial market update - Q3 2020

10/22/2020 | Posted in Commercial Real Estate by Paul DeAdder

Expect strong industrial demand through second wave of pandemic with continued challenges for the office sector.

... More


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Current BoC measures not enough to counter recession

10/21/2020 | Posted in Canadian Economy by Paul DeAdder

Recently polled economists say the bank must be more proactive in guiding the Canadian financial system.

... More


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Tips On Buying A Pre-Construction Home In Ontario

10/16/2020 | Posted in Home Buyers by Paul DeAdder

Are you considering buying a pre-construction home or condo? Tarion compiled a few tips to help buyers navigate the new home buying process.

... More


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Canadian home sales and prices set records again in September

10/15/2020 | Posted in Canadian Housing Market by Paul DeAdder

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another record in September 2020.

... More


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Occupancy levels plummet in GTA office sector

10/16/2020 | Posted in Commercial Real Estate by Paul DeAdder

Market conditions are now similar to what they were during the Great Financial Crisis, Colliers said in its new report.

... More


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Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%

10/14/2020 | Posted in Canadian Housing Market Predictions by Paul DeAdder

Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019

... More


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Negative rates down the line are possible: BoC

10/13/2020 | Posted in Mortgage Interest Rates by Paul DeAdder

However, the central bank's policies might leave the Canadian financial system more vulnerable in the long run.

... More


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One in five deferred mortgages likely to go into default: RBC

10/13/2020 | Posted in Mortgages and Real Estate by Paul DeAdder

Approximately 11% of Canadian borrowers have not returned to a regular payment schedule.

... More


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Pace of Canadian mortgage credit growth is slowing

10/8/2020 | Posted in Mortgages and Real Estate by Paul DeAdder

As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth.

... More


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Condo listings surge 215% in signal of downtown Toronto weakness

10/7/2020 | Posted in Condo Market by Paul DeAdder

Toronto’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings.

... More


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TRREB Releases September Resale Housing Report

10/6/2020 | Posted in GTA Real Estate by Paul DeAdder

Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to ... More


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Swiss bank UBS says Toronto has 3rd biggest housing bubble in the world

10/4/2020 | Posted in Toronto Real Estate by Paul DeAdder

A Swiss bank has concluded that Toronto's housing market is in bubble territory, as homes in the city are more overpriced based on local rents and incomes than in places ... More


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Why all the fear mongering by the CMHC over Canadian home prices?

10/3/2020 | Posted in Canadian Housing Market by Paul DeAdder

The strength of the Canadian real estate market has proven itself time and again during the pandemic

... More


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Why some Canadians have only 5-7 months before their home buying window closes

9/28/2020 | Posted in Home Buyers by Paul DeAdder

In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More


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Young Torontonians seeking affordability elsewhere in Southern Ontario

10/3/2020 | Posted in Ontario Real Estate by Paul DeAdder

Toronto millennials leaving their downtown condos in search of more space and greater affordability have had a significant impact in Southern Ontario markets like Hamilton, ... More


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Empty offices an increasingly prominent feature of urban markets

10/3/2020 | Posted in Commercial Real Estate by Paul DeAdder

The rise in office vacancy levels nationwide is showing no signs of stopping amid a second wave of COVID-19 infections, according to CBRE Canada.

... More


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Canadian economy growing at steady, if dwindling, pace

10/1/2020 | Posted in Canadian Economy and Interest Rates by Paul DeAdder

A growing number of industries are now moving closer to their pre-pandemic output levels, as Canada’s gross domestic product increased by 3% monthly in July, according to ... More


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Most new mortgages still come from the Big Six

9/25/2020 | Posted in Mortgages and Real Estate by Paul DeAdder

The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation.

... More


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A disturbing trend: Buyers fail to deliver deposit cheques

10/3/2020 | Posted in GTA Real Estate by Paul DeAdder

There is an alarming trend that is quite rampant in the Toronto area, and it’s causing havoc on real estate transactions. Perhaps other cities in Canada are experiencing ... More


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