CMHC issues warning

12/17/2018 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average. ... More

Tags: Canada Mortgage and Housing Corporation, CMHC, Household Debt, Interest Rates, Mortgage Consumers, Mortgages & Real Estate, NonMortgage Debt, Toronto, Unsustainable Price Growth, Vancouver, Variable Rate Mortgages

Among Canada's housing markets, Toronto remains the most 'puzzling'

10/10/2017 | Posted in Real Estate Market by Jessi Sandhu

Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More

Tags: CMHC, Home Prices, House Prices, House Prices Toronto, Housing Affordability, Toronto, Toronto Residential, Unsustainable Price Growth

TREB May numbers show a soft month for Toronto real estate market

6/8/2017 | Posted in Toronto Real Estate by Jessi Sandhu

Home sales dropped in May 2017 compared to last year, but experts say the trend is likely temporary. ... More

Tags: GTA Real Estate Market, Home Sales Toronto, House Prices Toronto, Housing Correction, Housing Supply, Toronto Real Estate, Toronto Residential, TREB, Unsustainable Price Growth

House prices can't climb faster than incomes forever

5/18/2017 | Posted in GTA Real Estate by Jessi Sandhu

For the last three years, analysts have been predicting a Canadian housing crash and ensuing recession, yet the economy continues to chug along and house prices are still rising. ... More

Tags: Canada Real Estate, Canadian Housing Market, Home Sellers, House Prices, Housing Correction Canada, Mortgage Consumers, Unsustainable Price Growth

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 ... More

Tags: Market Conditions, Real Estate Market, Real Estate Trends, Toronto, Toronto Housing, Toronto Real Estate, Toronto Residential, Unsustainable Price Growth

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 ... More

Tags: Condo Prices Toronto, Home Prices, House Prices, House Prices Toronto, Housing Affordability, Real Estate, Real Estate Audit, Toronto, Toronto Housing, Toronto Real Estate, Toronto Residential, TREB, Unsustainable Price Growth