Real Estate News, Articles, Reports, Analysys & Trends

12/2/2022 | Posted in Interest Rates by Eileen Farrow
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The Bank of Canada is expected to conclude a historic year marked by high inflation and aggressive monetary policy tightening with one more interest rate hike on ... More

Real Estate & Mortgage News

11/30/2022 | Posted in Toronto News by Eileen Farrow
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Residential properties unoccupied for more than 6 months per year may be subject to Toronto's new Vacant Home Tax. All residential property owners must declare the ... More

Real Estate & Mortgage News

11/29/2022 | Posted in Mortgage Interest Rates by Eileen Farrow
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Fixed mortgage rates are slowly following bond yields and trending downward.

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11/29/2022 | Posted in Recreational Properties by Eileen Farrow
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Canada's popular ski regions have posted double-digit year-over-year home price appreciation1 since the beginning of 2022, despite rising interest rates and price declines ... More

Real Estate & Mortgage News

11/23/2022 | Posted in Home Buyers by Eileen Farrow
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Variable-rate mortgage holders who have recently purchased their homes will be especially burdened by the prevailing rate-hike environment, according to Bank of Canada senior ... More

Real Estate & Mortgage News

11/23/2022 | Posted in GTA Real Estate by Eileen Farrow
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The market is still reeling from the pronounced slowdown seen in the overall Canadian housing sector this year, new report says

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Real Estate & Mortgage News

11/22/2022 | Posted in Rental Market by Eileen Farrow
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Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October.

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Real Estate & Mortgage News

11/21/2022 | Posted in Mortgages and Real Estate by Eileen Farrow
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At least two of Canada’s largest mortgage lenders allow borrowers to shift a portion of their interest costs onto the principal owed on their mortgages, helping them cope ... More

Real Estate & Mortgage News

11/16/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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While Governor Tiff Macklem had left the door open to another oversized increase, the inflation data was seen supporting a downshift to a standard 25-bp increase, with the ... More

Real Estate & Mortgage News

11/16/2022 | Posted in Canadian Housing Market by Eileen Farrow
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead.

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Real Estate & Mortgage News

11/15/2022 | Posted in Canadian Housing Market by Eileen Farrow
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022.

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Real Estate & Mortgage News

11/15/2022 | Posted in Real Estate Investments by Eileen Farrow
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The residential segment accounted for much of the deceleration, Statistics Canada says

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Real Estate & Mortgage News

11/15/2022 | Posted in Home Buyers by Eileen Farrow
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Already a source of huge debate in the mortgage industry since its introduction, the mortgage stress test came under scrutiny from executives at top Canadian lenders during a ... More

Real Estate & Mortgage News

11/13/2022 | Posted in Toronto News by Eileen Farrow
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Toronto has been recognized as one of the top 25 best cities across the globe to live and work in for 2023.

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Real Estate & Mortgage News

11/10/2022 | Posted in Toronto Real Estate by Eileen Farrow
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Activity in Toronto’s housing market appears to be levelling off following a sharp decline over the spring that saw home prices drop significantly.

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Real Estate & Mortgage News

11/9/2022 | Posted in Commercial Real Estate by Eileen Farrow
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The trends in these areas were reflective of the softening market fundamentals across the GTA

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Real Estate & Mortgage News

11/8/2022 | Posted in Mortgage Interest Rates by Eileen Farrow
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Plus: The trajectory of interest rates throughout the year to date

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Real Estate & Mortgage News

11/3/2022 | Posted in Toronto Real Estate by Eileen Farrow
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A multi-month slide in Toronto home prices slowed in October, as sellers stepped back in hope the market will improve if they wait.

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Real Estate & Mortgage News

11/3/2022 | Posted in GTA Real Estate by Eileen Farrow
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Despite the continued housing market transition to a higher borrowing cost environment, the average selling price in the Greater Toronto Area (GTA) found some support near $1.1 ... More

Real Estate & Mortgage News

11/3/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank ... More

Real Estate & Mortgage News

11/3/2022 | Posted in Commercial Real Estate by Eileen Farrow
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Extreme caution appears to be the prevailing strategy among the region's office tenants, new report says

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Real Estate & Mortgage News

11/1/2022 | Posted in Canada Living by Eileen Farrow
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The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market.

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Real Estate & Mortgage News

11/1/2022 | Posted in Mortgages and Real Estate by Eileen Farrow
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A new survey has found that 53% of Canadian mortgage borrowers are concerned about the prospect of higher monthly payments at renewal time.

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Real Estate & Mortgage News

10/27/2022 | Posted in Rental Market by Eileen Farrow
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The cost of renting a one-bedroom condominium in Toronto is now up more than 20 per cent year-over-year, as higher borrowing costs leave some would-be buyers on the ... More

Real Estate & Mortgage News

10/26/2022 | Posted in Mortgage Interest Rates by Eileen Farrow
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The move marks the latest "supersized" rate jump of 2022

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Real Estate & Mortgage News

10/25/2022 | Posted in Ontario Real Estate by Eileen Farrow
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The Ontario government announced sweeping housing changes on Tuesday that will override municipal zoning laws in some situations and allow for the construction of up to three ... More

Real Estate & Mortgage News

10/25/2022 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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ven as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday.

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Real Estate & Mortgage News

10/24/2022 | Posted in New Developments by Eileen Farrow
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The GTA new home market was very slow in September, with overall sales well below the 10-year average and inventories low, but rising slightly, the Building Industry and Land ... More

Real Estate & Mortgage News

10/24/2022 | Posted in Ontario News by Eileen Farrow
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Confirmation comes after Toronto Star reports premier will override municipal zoning for more housing

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Real Estate & Mortgage News

10/21/2022 | Posted in Rental Market by Eileen Farrow
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The rental market became so unbalanced during the third quarter that units were on the market for a record low average of 10 days

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Real Estate & Mortgage News
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