A Bank of Canada rate cut as early as September
8/20/2019 | Posted in Interest Rates by Jessi Sandhu
A slowing economy and growing trade tensions suggest a cut will happen more quickly than currently accounted for, Macquarie economist says.
... More
Offices lead GTA commercial property sales 24% higher
8/20/2019 | Posted in Commercial Real Estate by Jessi Sandhu
There were strong gains for commercial real estate sales in the Greater Toronto Area last quarter.
... More
GTA largely responsible for house flipping in the Waterloo region
8/19/2019 | Posted in Ontario Real Estate by Jessi Sandhu
Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing ... More
The bank offering the world's first negative mortgage rate
8/18/2019 | Posted in Interest Rates by Jessi Sandhu
Negative mortgage interest rates offered in Denmark. How is it possible?
... More
GTA market fundamentals to remain robust going forward
8/17/2019 | Posted in GTA Real Estate by Jessi Sandhu
Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019.
... More
Canadian home sales gain as lower rates help offset stress test
8/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home sales gain as lower rates help offset stress test
... More
Canadian home sales rise in July
8/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in July 2019 compared to June.
... More
Rising detached home sales pull up average price in the GTA
7/15/2019 | Posted in GTA Real Estate by Jessi Sandhu
The bounce-back in single-detached home sales is contributing to an uptick in average price, with more than 50 per cent of neighbourhoods in the Greater Toronto Area reporting ... More
Canadian housing starts trended higher in July
8/14/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC).
... More
Offices and apartments are bolstering GTA commercial investment
8/12/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Offices and apartments were the major commercial asset investment drivers in the GTA during Q2 2019, according to Altus Group.
... More
Canadians more likely to be homeowners, have a mortgage
8/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada.
... More
TREB Releases July Market Figures
8/6/2019 | Posted in GTA Real Estate by Jessi Sandhu
GTA REALTORS® reported 8,595 sales through TREB's MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018.
... More
Average Canadian household spent more on taxes than living costs in 2018, report finds
8/2/2019 | Posted in Financial Health by Jessi Sandhu
The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report.
... More
5 ways the U.S. Fed's rate cut affects Canadians
8/2/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Here’s a look at how lower rates south of the border could ripple through our country, according to five experts.
... More
How to avoid a capital gains tax on your cottage
8/2/2019 | Posted in Recreational Properties by Jessi Sandhu
There are few things more Canadian than a weekend at the cottage, but given the leisure property’s appreciation potential, shielding it from capital gains taxes is ... More
Canada's Housing Market Now Well-Balanced
7/31/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, ... More
GTA condo apartment sales up 3.2% in the second quarter
7/29/2019 | Posted in GTA Real Estate by Jessi Sandhu
The market for condo apartments remained strong in the Greater Toronto Area in the second quarter.
... More
With fixed rates below variable ones, mortgage market is in the Upside Down
7/28/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
Strange Things: Canadians can now get a lower interest rate on a new mortgage by locking into a fixed rate, rather than opting for a variable rate.
... More
Dynamism in GTA industrial's segment fuelled by e-commerce, logistics
7/24/2019 | Posted in Commercial Real Estate by Jessi Sandhu
The Greater Toronto Area’s surging industrial property market is largely impelled by sustained demand for e-commerce and logistics facilities.
... More
Recreational homes prices are rising across most regions
7/24/2019 | Posted in Recreational Properties by Jessi Sandhu
RE/MAX survey finds 74% of regions are seeing an uptick in prices
... More
Central bank qualifying rate used in mortgage stress tests falls
7/21/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years.
... More
Toronto tops survey of country's most popular city to move to
7/19/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto has been ranked as Canada’s most attractive city to move to, according to a survey from finance planning website Finder.com.
... More
OREA calls for relaxed mortgage rules
7/18/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp.
... More
The era of higher mortgage rates was short-lived
7/18/2019 | Posted in Mortgage Interest Rates by Jessi Sandhu
Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived.
... More
Office construction in Canada's major cities accelerates significantly
7/18/2019 | Posted in Commercial Real Estate by Jessi Sandhu
Relative to the sizes of their respective markets, new office building construction in Canada is at a pace nearly twice that in the United States, according to a recent report ... 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.