Real Estate News, Articles, Reports, Analysys & Trends

9/24/2020 | Posted in Canadian Housing Market Predictions by Eileen Farrow
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Average single family detached house prices will fall by 6.7 per cent next year as the recovery stalls, economic stimulus fades and debt problems increase, Moody’s ... More

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9/24/2020 | Posted in Canadian Housing Market by Eileen Farrow
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Supply/demand struggles and higher building costs are adding pressure to the market.

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9/22/2020 | Posted in New Developments by Eileen Farrow
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Shortages for lumber and other building materials are driving up construction costs this year.

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9/21/2020 | Posted in Canadian Housing Market by Eileen Farrow
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The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates ... More

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9/18/2020 | Posted in Mortgages and Real Estate by Eileen Farrow
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A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end.

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9/18/2020 | Posted in Home Buyers by Eileen Farrow
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Record-low interest rates appear to be a major factor.

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9/18/2020 | Posted in Ontario Real Estate by Eileen Farrow
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The Ontario government introduced its proposed rent freeze legislation for 2021 in the provincial legislature on Thursday.

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9/16/2020 | Posted in Canadian Housing Market Predictions by Eileen Farrow
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The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery.

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9/15/2020 | 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 and new listings continued to climb in August 2020.

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9/15/2020 | Posted in Financial Health by Eileen Farrow
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But more challenging times could be on their way.

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Real Estate & Mortgage News

9/15/2020 | Posted in Commercial Real Estate by Eileen Farrow
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Experts are warning that the biggest risk for a spike in defaults may not come from mortgages, but from a smaller number of loans made to vulnerable businesses.

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9/15/2020 | Posted in Home Maintenance by Eileen Farrow
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A new kitchen characteristic has eased into home owners’ lists of must-haves since we all started staying home.

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Real Estate & Mortgage News

9/12/2020 | Posted in GTA Real Estate by Eileen Farrow
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Price growth in the Toronto region lost some steam last month compared to July, but there were still plenty of substantial price gains seen across the city’s suburban ... More

Real Estate & Mortgage News

9/10/2020 | Posted in Mortgages and Real Estate by Eileen Farrow
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Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

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9/9/2020 | Posted in Commercial Real Estate by Eileen Farrow
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TRREB Commercial Network Members reported 3,502,022 square feet of leased space through TRREB's MLS® System in Q2 2020 for all lease ... More

Real Estate & Mortgage News

9/9/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada reiterated its pledge to keep interest rates at historic lows for years to come, but dialed back its willingness to take even more aggressive action and said ... More

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9/9/2020 | Posted in Commercial Real Estate by Eileen Farrow
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The Liberal administration will be extending its pandemic fiscal assistance program for small businesses to help beleaguered ventures cover September rent costs.

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Real Estate & Mortgage News

9/9/2020 | Posted in Commercial Real Estate by Eileen Farrow
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The ban, which will be made retroactive to Sep. 1, will now last until the end of this month

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9/9/2020 | Posted in Mortgages and Real Estate by Eileen Farrow
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The total mortgage deferral volume in these banks as of the end of July exceeded $130 billion

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Real Estate & Mortgage News

9/7/2020 | Posted in Toronto Real Estate by Eileen Farrow
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Home sales in the Greater Toronto Area posted a record for August as they rose 40.3 per cent compared with a year ago and prices shot higher, the Toronto Regional Real Estate ... More

Real Estate & Mortgage News

9/3/2020 | Posted in GTA Real Estate by Eileen Farrow
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Toronto region home sales post best-ever total for August, recording another month of over 10,000 home sales as buyers seeking low-rise properties made their move before the ... More

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9/2/2020 | Posted in Condo Market by Eileen Farrow
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Traditionally strong-performing markets like Toronto and Vancouver saw condo prices decline.

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8/31/2020 | Posted in Canada Living by Eileen Farrow
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Canada's federal banking regulator is phasing out requirements around mortgage deferrals for homeowners hard-hit financially by the COVID-19 pandemic. As of July 30, there ... More

Real Estate & Mortgage News

8/31/2020 | Posted in Ontario Real Estate by Eileen Farrow
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The Ford government says that it will bring forward rent control legislation so that the “vast majority” of tenants do not face increases in 2021.

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Real Estate & Mortgage News

8/30/2020 | Posted in Mortgages and Real Estate by Eileen Farrow
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Canada’s total balance of mortgage payment deferrals stood at over $247 billion as of the end of the second quarter, according to data from TransUnion.

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Real Estate & Mortgage News

8/28/2020 | Posted in Canadian Economy and Interest Rates by Eileen Farrow
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The Bank of Canada is starting to worry about inflation. Not because it sees any, mind.

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Real Estate & Mortgage News

8/27/2020 | Posted in Real Estate Market by Eileen Farrow
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A housing inventory surge will likely precede a predicted arrears spike once payment deferrals end, according to a recent analysis.

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Real Estate & Mortgage News

8/26/2020 | Posted in Commercial Real Estate by Eileen Farrow
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The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable.

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Real Estate & Mortgage News

8/26/2020 | Posted in Toronto Real Estate by Eileen Farrow
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As one of Canada’s most desirable housing destinations, Toronto’s home prices remain at the mercy of multiple factors despite the considerable impact of the ... More

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