Newcomers represent one in five home purchases in Canada
10/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
This demographic is likely to account for nearly 700,000 home sales over the next five years.
... More
Ownership registry to help stamp out money laundering in housing
10/21/2019 | Posted in Canadian Housing Market by Jessi Sandhu
This is the best place to start in fighting off the influence of illicit foreign money.
... More
Canadian mortgage debt growth continues unabated
10/10/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s ... More
Population growth continues to drive Canadian condo market activity
10/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Steady demand for lower-cost housing in Toronto, Vancouver, and Montreal has impelled much-intensified condo market activity this fall, if the latest figures from these ... More
Mortgage interest cost index slows but cost of living remains higher
10/21/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The cost of living was higher across many products and services in September.
... More
Toronto's rent rate growth has markedly decelerated during Q3 2019
10/21/2019 | Posted in Toronto Real Estate by Jessi Sandhu
At present, Toronto is far more hospitable to renters than buyers, with the average surveyed rent for recently leased units increasing at the slowest rate in two years.
... More
Toronto commercial taxes far outstrip residential rates
10/18/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Toronto's commercial property tax rate is at “unreasonable” levels, clocking in at almost four times higher than the residential rate, according to a new ... More
Canadian housing starts have decelerated somewhat
10/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The pace of housing starts nationwide in September was considerably slower compared to the August output, according to new data from the Canada Mortgage and Housing Corp.
... More
Toronto benchmark housing price veering ever-closer to record high
10/8/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s benchmark home price is edging steadily towards its historic high reached in 2017, according to the latest figures from the ... More
There was a 19% jump for multifamily building permits in August
10/8/2019 | Posted in New Developments by Jessi Sandhu
The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More
TREB Releases September Market Figures As Reported By GTA Realtors
10/3/2019 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,825 sales through TREB's MLS® System in September 2019. ... More
TREB Releases Rental Market Figures as Reported by GTA Realtors
10/3/2019 | Posted in Rental Market by Jessi Sandhu
Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More
CREA predicts stronger home sales for 2019 and 2020
10/2/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Upward adjustments came amid a more relaxed B-20 stress test
... More
Toronto is now the world's second most overvalued property market: UBS
10/1/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto has emerged as the world’s second most overvalued housing market on the back of low rates and supply shortages, according to UBS AG’s annual global real ... More
Toronto needs to double rental supply to meet future demand
9/26/2019 | Posted in Toronto Real Estate by Jessi Sandhu
A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver.
... More
Low interest rates are the market's lifeline during tougher times
9/25/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
Employment figures had a major influence on the market's dynamics.
... More
Real estate will thrive in cities that adapt to new economic models
9/23/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report.
... More
PwC forecasts Canada's top investment cities in 2020
9/20/2019 | Posted in Real Estate Investments by Jessi Sandhu
Surprise city makes the list.
... More
PwC forecasts 2020 commercial market
9/20/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The analysis forecasts Canada's industrial, office and retail sectors
... More
More Fed cuts expected to push Canadian interest rates lower
9/19/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well.
... More
Canadians' wealth reduced as real estate gains are erased
9/19/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
The average Canadian household was worth less in 2018 than in the previous year.
... More
Buyers of new GTA homes face $222K in government charges
9/18/2019 | Posted in GTA Real Estate by Jessi Sandhu
According to a recent BILD report, these charges make a significant impact on affordability.
... More
Liberals' proposed foreigner-targeted tax will not cool down markets
9/17/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
The Liberals’ campaign promise of a new tax on foreign home buyers may not be enough to moderate a national housing market on the resurgence, observers ... More
Investment in Toronto residential property remains a winning prospect
9/17/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX.
... More
Home sales expected to rebound in 2019, 2020 but only to average
9/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or ... More
At Your Service
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.