Renewed investor confidence fuelling commercial segment's resurgence
7/21/2021 | Posted in Commercial Real Estate by Jessi Sandhu
A particular property type continues to be Canada’s most sought-after investment asset class.
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Home prices up 16% in June for largest 12-month gain on record
7/21/2021 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price ... More
Businesses pulling back on sublet space as return to office looms: report
7/19/2021 | Posted in Commercial Real Estate by Jessi Sandhu
A new report suggests Toronto businesses are making plans to call employees back to the office.
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Buying a cottage or cabin? Be prepared to consider mortgage alternatives
7/20/2021 | Posted in Recreational Properties by Jessi Sandhu
Ready for cottage life? Borrowing for a vacation property can differ from the typical home buying process, with more than your creditworthiness under consideration by the ... More
Why Canadian real estate firms are seeing a brighter financial outlook
7/15/2021 | Posted in Commercial Real Estate by Jessi Sandhu
New report projects improvements for beaten-down commercial segments, with earnings to recover by 2022
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Land transfer tax hike will hurt supply says Toronto real estate group
7/10/2021 | Posted in Toronto Real Estate by Jessi Sandhu
The Toronto Regional Real Estate Board (TRREB) says a potential hike to the Municipal Land Transfer Tax (MLTT) will make purchasing a home even more difficult for would be home ... More
Canada's office market outlook improves, but recovery is slow
7/14/2021 | Posted in Commercial Real Estate by Jessi Sandhu
Major Canadian cities saw office vacancies either rise or hold steady from Q1 to Q2 in 2021, except Montreal where the vacancy rate dropped 10 basis points.
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Housing market continues to moderate in June
7/15/2021 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between May and June 2021.
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Bank of Canada makes latest rate announcement
7/14/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu
The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More
Canadian home price forecast revised upward to 16% as roaring spring market eases into summer
7/14/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Royal LePage is forecasting that the aggregate price of a home in Canada will increase 16 per cent to $771,500 in the fourth quarter of 2021, compared to the same quarter last ... More
BoC on Canadians' home purchase plans in the next 12 months
7/9/2021 | Posted in Canadian Housing Market by Jessi Sandhu
A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More
GTA new home market strong in May
7/5/2021 | Posted in GTA Real Estate by Jessi Sandhu
The GTA new home market continued strong in May, with total sales and condominium apartment sales above the 10-year average, the Building Industry and Land Development ... More
Consumer confidence in Canada hits record on vaccine reopenings
7/5/2021 | Posted in Canada Living by Jessi Sandhu
Canadians are entering the second half of the year more confident about their economic prospects than they’ve ever been.
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CMHC changes underwriting practices on mortgage loan insurance
7/5/2021 | Posted in Real Estate News by Jessi Sandhu
Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose ... More
TRREB Updates Its Sales Forecast and Average List Price Upwards
7/6/2021 | Posted in GTA Real Estate by Jessi Sandhu
June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the ... More
The non-existent exodus from Toronto
7/5/2021 | Posted in Toronto Real Estate by Jessi Sandhu
Torontonians are deciding to stay where they are and enjoy the urban lifestyle.
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Low Rates Helping Borrowers Pay Off Mortgages at Record Pace
6/27/2021 | Posted in Mortgages and Real Estate by Jessi Sandhu
Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever.
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It looks like a vacant home tax is coming to Toronto sooner rather than later
7/4/2021 | Posted in Toronto Real Estate by Jessi Sandhu
It looks like a vacant home tax it's going to be coming into effect in Toronto sooner than investors might be ready for.
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7/1/2021 | Posted in Canada Living by Jessi Sandhu
Wishing you and your family a very Happy Canada Day
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Household Debt at a Record-High, With Carrying Costs Set to Rise
6/30/2021 | Posted in Financial Health by Jessi Sandhu
One of the greatest bull markets in Canadian real estate history has resulted in Canadians amassing record mortgage debt.
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3.2 million boomers in Canada considering buying a home within the next five years
6/30/2021 | Posted in Canada Living by Jessi Sandhu
Millions of boomers are expected to wade into the market over the next five years
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Millennials vs. baby boomers: Why the cost of living has skyrocketed for young Canadians
6/28/2021 | Posted in Canada Living by Jessi Sandhu
A look at why the hot housing market is out of reach for young Canadians
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Is Canada headed for a post-pandemic housing bubble?
6/23/2021 | Posted in Canadian Housing Market by Jessi Sandhu
Market observers are pointing to alarming trends that are stoking fears of Canada’s housing market entering a bubble in the near future.
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6/22/2021 | Posted in Canadian Housing Market by Jessi Sandhu
The country plans to welcome more than 1.2 million newcomers over a three-year period starting in 2021.
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The pros and cons of investing in commercial real estate
6/21/2021 | Posted in Commercial Real Estate by Jessi Sandhu
If you have invested in residential real estate in the past and have been pleased with the outcome, you might be interested in exploring the world of commercial real ... More
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