Canada on precipice of "household led recession"
10/2/2018 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ...
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Higher interest rates add to home buyer struggles
5/16/2018 | Posted in Home Buyers by Jessi Sandhu
First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year mortgage ...
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Despite weaker sales, GTA condo prices gain 9%
4/17/2018 | Posted in GTA Real Estate by Jessi Sandhu
Sales were down almost 30%, new listings were down 11%, but the measure of GTA condos that was higher in the first quarter of 2018 was the selling price. ...
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Housing data doesn't belong under lock and key - Haider-Moranis Bulletin
1/4/2018 | Posted in Canadian Housing Market by Jessi Sandhu
What houses sold for in the past is hidden behind an MLS firewall but this may change and enable buyers to make better decisions ...
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In 2018, these homes will sell the fastest
12/8/2017 | Posted in Ontario Real Estate by Jessi Sandhu
With reduced buying power, house hunters will scoop these properties up ...
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GTA sellers face a refresher course in economics
8/25/2017 | Posted in GTA Real Estate by Jessi Sandhu
The basic lesson: A property is worth what a buyer is willing to pay ...
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Realtors' internal numbers show Toronto home prices fell more than 6% in two weeks
6/21/2017 | Posted in GTA Real Estate by Jessi Sandhu
Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ...
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How to cool a red-hot housing market
4/2/2017 | Posted in Real Estate Market by Jessi Sandhu
Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them. ...
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The Toronto housing fix: Be careful what you wish for
3/31/2017 | Posted in Toronto Real Estate by Jessi Sandhu
With Toronto housing getting harder and harder to afford, governments are under pressure to “do something” – always a dangerous moment. Several ideas are being ...
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Impact of U.S. Fed rate hike - Warning
3/14/2017 | Posted in Mortgage Interest Rates by Jessi Sandhu
Locking in a rate before mortgages become more expensive is the best choice at present, as recent developments have pointed at a possible U.S. Federal Reserve rate hike in 2017. ...
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Toronto condo buyers feeling the squeeze
1/20/2017 | Posted in GTA Real Estate by Jessi Sandhu
One of the big surprises of the resale market in 2016 in the Greater Toronto Area was the strength of the condo segment. The shortage of listings in the single-family home ...
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Housing strength now concentrated in Ontario, data suggest
1/17/2017 | Posted in Ontario Real Estate by Jessi Sandhu
As Vancouver smarted from its greatest 3-month decline in home prices since 2012, latest housing data suggested that Ontario is now the main contributor of strength and activity ...
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New GTA home prices ease as supply ticks higher
11/23/2016 | Posted in GTA Real Estate by Jessi Sandhu
The Greater Toronto Area saw a slight increase in the supply and mix of new homes in October while average prices declined slightly, the Building Industry and Land Development ...
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Monthly Resale Housing Market Figures in GTA: TREB
11/3/2016 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported a record 9,768 sales in October 2016 – up by 11.5 per cent ...
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No further plans to cool down markets: Morneau
11/2/2016 | Posted in Real Estate Market by Jessi Sandhu
In the wake of stricter federal mortgage rules intended to moderate the overworked pace of Canada’s real estate sector, Finance Minister Bill Morneau said that the ...
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11/1/2016 | Posted in Mortgage Interest Rates by Jessi Sandhu
Broker fears were confirmed Tuesday, with one big bank raising its prime rate less than a month following new mortgage rules. ...
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10/26/2016 | Posted in GTA Real Estate by Jessi Sandhu
There was a 17.3 per cent drop in condo apartments available to rent in the Greater Toronto Area in third quarter of 2016 compared to a year earlier, Toronto Real Estate Board ...
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Ottawa looks to shift some mortgage loan default risks from taxpayers to banks
10/24/2016 | Posted in Mortgages and Real Estate by Jessi Sandhu
The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to ...
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Housing market correction or 'a whole lot of nothing'?
10/18/2016 | Posted in Toronto Real Estate by Jessi Sandhu
As new mortgage rules come into effect that will limit the borrowing power of many buyers, there's uncertainty about the consequence this will have on Toronto's red-hot ...
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