One of the largest states in the world, second only to Russia, Canada represents a reality in its own right in the collective imagination. At 12th place in the world ranking for the highest nominal GDP on the planet, it is a state with a strong identity, above all economic.
The population is around 35 million and, every year, there are very many foreign citizens who decide to move to this country.

We have analyzed the forecasts for the Canadian real estate market, which are limited to one of the most important and politically and economically leading cities: Toronto.
In general, the market seems to be much more balanced than in previous years, and no exorbitant prices emerge that instead characterized 2017 and part of 2018.

But let's focus in detail trying to understand what the forecasts that economists and industry experts will announce for 2019 will be.


1. Sales prices

For several years, the city of Toronto has experienced a perpetual increase in property prices, at 10% annually. A result that was putting the confidence of investors, especially foreigners, under strain. The maximum peak was recorded in 2017, when the 20% threshold was reached. In order to avoid a deadlock and the so-called ‘real estate bubble‘ ’, the government has decided to implement a program aimed at slowly governing this process, trying to reduce it and above all to avert it. It is hoped that during the year the situation will be restored.

2. Lease prices

Also with regard to the other side of the real estate market, that is rents, it is estimated that there may be changes in terms of prices. Compared to 2013, there has been a boom in rental prices (respectively 63% in 2017 and 35% in 2018). This sad reality would lead, if it were not blocked, to the elimination of an important clientele of the Canadian real estate market. That is represented by the young Millennials who, not having the same financial resources as the big business men or simply fathers of families with a stable job, prefer the signing of a rental contract compared to the purchase of a property.

3. Introduction of real estate laneways

Toronto has recently adopted a new policy that offers great benefits to both homeowners and tenants. There are numerous companies of the most modern technologies that have shown interest in these projects, oriented to the development and construction of these ‘’ houses in the lane ‘’.

4. New funding

With the increase in prices that has been recorded in recent years, it is obvious that for the owners who bought a property in the years preceding this boom, a position of supremacy was guaranteed both in economic terms but also in terms of competitiveness in the real estate market Canadian. The financial revaluation of real estate is synonymous with growth and economic stability for all "fortunate" owners. Many will in fact orientate themselves to modify their homes to increase their value, while others are expected to take advantage of this situation to be able to rent their homes at significantly higher prices.

5. New ideas to create more housing

The fantasy is not lacking in this nation, especially in the city of Toronto! To overcome the lack of balance in the meeting between supply and demand, policies have been implemented to modernize old buildings but above all to build new residential areas, even smaller than those already existing. The target ? Create an "offer that can increase the target audience, allowing anyone to invest in the Canadian real estate market.

What to say, it seems that Canada is getting back on track!