gta real estate market

In May 2021, the number of residential transactions reported by TRREB's MLS® System remained strong, but dropped short of the 2016 high and dipped below this year's March peak. Despite a minor drop in sales in the prior two months, market conditions were tight enough in May to propel the average selling price to an all-time high. REALTORS® in the Greater Toronto Area recorded 11,951 sales in May 2021,...

Have you heard of the term "house poor"?  Essentially it means having your mortgage payments take up so much of your monthly income that you don't have much room for much else..  What should you do if this is the case? Should you sell your home and start renting?  Well with rental prices hitting new heights this might not be a better option.  One thing you could do is go into your...