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Rate Hikes Could Start by April as Inflation and Supply Concerns Grow

10/19/2021 | Posted in Interest Rates by Jessi Sandhu

Expectations for the first interest rate hike have moved up to as early as April as inflation concerns grow and supply disruptions persist.

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New changes coming to Ontario's condo act will mean harsher rules for renters

10/18/2021 | Posted in Rental Market by Jessi Sandhu

Changes on the way to the province's Condominium Act that will place tougher restrictions on tenants.

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Canadians fear bankruptcy risks following rate hikes

10/16/2021 | Posted in Financial Health by Jessi Sandhu

Nearly 35% of Canadians are worried that higher interest rates could push them into bankruptcy

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Mortgage Rates Rising as Bond Yields Surge

10/13/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

A growing number of lenders have been raising interest rates recently in response to rising bond yields, including the big six banks.

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Canadian home prices have jumped 21.4 per cent since last year, survey finds

10/15/2021 | Posted in Canadian Housing Market by Jessi Sandhu

A new survey shows that housing prices in Canada have jumped an astounding 21.4 per cent since this time last year.

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Canadian home prices continue to re-accelerate in September

10/15/2021 | Posted in Canadian Housing Market by Jessi Sandhu

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up between August and September 2021.

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Canada's housing market unlikely to cool as new home buyers opt for variable loans

10/15/2021 | Posted in Canadian Housing Market by Jessi Sandhu

Popularity of variable-rate mortgages expected to grow further, overturning a trend that has been in place for over a decade.

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Canadian home prices to grow 5% through 2021: RE/MAX

10/14/2021 | Posted in Canadian Housing Market by Jessi Sandhu

Canadian home prices should rise another 5% before the end of 2021, says a new report from RE/MAX.

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RBC: Housing affordability has slipped to its worst in 30 years

10/8/2021 | Posted in Canada Living by Jessi Sandhu

The bank's measure of affordability has seen the gains made pre-pandemic erased with all areas affected

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Toronto named one of the best cities in the world by new report

10/1/2021 | Posted in Toronto Living by Jessi Sandhu

Even after a year of pandemic living, Toronto has officially been declared one of the greatest places to be in the world!

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Low interest rates tempting for investors in commercial real estate

10/5/2021 | Posted in Commercial Real Estate by Jessi Sandhu

With superlow interest rates, prices rising constantly and a pandemic that has upended the way we work and shop, investing in commercial real estate right now can seem ... More

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Tight GTA Housing Market Conditions Sustain Strong Price Growth

10/5/2021 | Posted in GTA Real Estate by Jessi Sandhu

September marked the transition from the slower summer market to the busier fall market in the Greater Toronto Area (GTA). Every year, we generally see an uptick

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Investors look ahead despite continued pandemic-related challenges as Canadian CRE investments reach a new peak in first half of the year

10/4/2021 | Posted in Commercial Real Estate by Jessi Sandhu

With disruptions to the global economy due to COVID in the first half of last year, 2021 already looks to be showing signs of recovery.

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GTA saw a record number of sales for one home type last month

9/29/2021 | Posted in GTA Real Estate by Jessi Sandhu

The intensified activity was spurred by a recent boost in inventory, BILD says

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Bond Yields Are Rising. Are Fixed Mortgage Rates Next?

9/28/2021 | Posted in Mortgage Interest Rates by Jessi Sandhu

Bond yields rose sharply on Monday in the U.S. and Canada, and bond yields typically lead fixed mortgage rates.

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Housing-Market Risk Jumps to High in Canadian Government Rating

9/28/2021 | Posted in Canadian Housing Market by Jessi Sandhu

Canada’s housing agency said the country is now at high risk of a sharp correction in home valuations as the continued appreciation in prices becomes unmoored from ... More

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Buying vs Renting study: Homeowners come out in front financially in more than 90% of scenarios analyzed

9/28/2021 | Posted in Home Owners by Jessi Sandhu

Homeowners paid $769 less per month than renters in Q2 2021, on average

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Canadian office vacancy rate hits highest level since 1994

9/23/2021 | Posted in Commercial Real Estate by Jessi Sandhu

Office vacancies in Canada were at the highest level in decades this quarter as new supply continued to come onto the market while the fourth wave of COVID-19 slowed an ... More

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Where do immigrants buy homes in Canada?

9/22/2021 | Posted in First Time Home Buyers by Jessi Sandhu

This buyer cohort also makes more expensive residential moves, on average

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How do the provinces compare on non-resident ownership?

9/20/2021 | Posted in Canadian Housing Market by Jessi Sandhu

Condos are least likely to be occupied by their owners, Statistics Canada says

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