Canadian home sales drop in April
5/15/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ...
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Toronto real estate sales climbed in past week, but overall cooling could be coming
5/2/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit at ...
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4/25/2017 | Posted in Real Estate Market by Jessi Sandhu
"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ...
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Canadian home sales edge higher from February to March
4/18/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017. ...
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Six stunning numbers about Toronto real estate and your personal finances
4/8/2017 | Posted in Toronto Real Estate by Jessi Sandhu
From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own right. ...
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Royal Bank CEO 'increasingly concerned' about Toronto, Vancouver housing markets
4/6/2017 | Posted in Real Estate Market by Jessi Sandhu
Royal Bank's CEO said he's "increasingly concerned" about the Toronto and Vancouver housing markets and would welcome government intervention in the ...
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Banking head speaks out on Toronto real estate market
4/4/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ...
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Toronto house prices may jump 25% this year: Report
3/27/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling demand ...
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$1 million GTA homes have almost doubled
3/22/2017 | Posted in GTA Real Estate by Jessi Sandhu
In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports. ...
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Ontario urging Ottawa to change tax rules in bid to curb real estate speculation
3/20/2017 | Posted in Real Estate News by Jessi Sandhu
Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed. ...
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Canadian home sales climb in February
3/15/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017. ...
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CREA Updates and Extends Resale Housing Market Forecast
3/15/2017 | Posted in Real Estate Market by Jessi Sandhu
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ...
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Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong
3/14/2017 | Posted in Real Estate Market by Jessi Sandhu
Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from some ...
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Government "very focused" on monitoring housing market: Finance Minister
3/6/2017 | Posted in Toronto Real Estate by Jessi Sandhu
The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto and ...
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Big banks are freaking out about Toronto real estate
3/5/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule changes ...
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Canadian home sales edge down from December to January
2/15/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were down slightly in January 2017 on a month-over-month basis. ...
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GTA REALTORS® Release Monthly Resale Housing Market Figures
2/4/2017 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 5,188 residential transactions through TREB's MLS® System in ...
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Toronto realtors predict another price surge in 2017
2/1/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s housing market is in for another red-hot year, the area’s real estate board said in a new forecast. ...
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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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Lend first-time buyers cash to buy houses, Ontario realtor chief says
12/24/2016 | Posted in Ontario Real Estate by Jessi Sandhu
The head of a realtor group in Canada’s largest province said he’d support a program that would lend first-time buyers cash to buy houses and get them out of their ...
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11/28/2016 | Posted in Toronto Real Estate by Jessi Sandhu
Proposed changes to the Land Transfer Tax in Toronto have been criticized by the Toronto Real Estate Board for their impact on first-time buyers. ...
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Higher down payments could be on horizon: CMHC
11/26/2016 | Posted in Home Buyers by Jessi Sandhu
The head of Canada Mortgage and Housing Corp. has opened the door to the possibility of increasing the minimum down payment needed to buy a house, though a change is not currently ...
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Canadian home sales rise in October
11/15/2016 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in October 2016. ...
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Ontario helping first-time homebuyers
11/14/2016 | Posted in Ontario Real Estate by Jessi Sandhu
Ontario is doubling the rebate on the land-transfer tax for first-time homebuyers to $4,000, but is increasing the same tax on homes that sell for over $2 million. ...
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Toronto housing supply not keeping pace with millennial demand
11/9/2016 | Posted in Toronto Real Estate by Jessi Sandhu
While 75 per cent of millennials intend to purchase real estate in the GTA, not enough lowrise homes are being built. ...
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Toronto real estate investors deny they're driving up the market
11/7/2016 | Posted in Toronto Real Estate by Jessi Sandhu
Some observers have suggested that domestic investors are partially responsible for driving up prices in Toronto, a housing market with a limited supply. ...
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A 'tale of two cities' as Toronto, Vancouver await fallout from mortgage rules
11/7/2016 | Posted in Real Estate Market by Jessi Sandhu
Over the course of two days, real-estate sales figures for the month of October suggested a continuing boom in Toronto with a correction fully underway in ...
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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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These 5 housing markets are the ones to watch in 2017
11/1/2016 | Posted in Real Estate News by Jessi Sandhu
Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons. ...
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Average home size to contract in the near future - report
10/28/2016 | Posted in Industry Trends by Jessi Sandhu
A recent report warned that the average size of Canadian homes will decrease in the next few years, even as affordability in Vancouver and Toronto won’t return to manageable ...
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