10/2/2018 | Posted in Canadian Economy and Housing Market by Eileen Farrow
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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 ... More
5/16/2018 | Posted in Home Buyers by Eileen Farrow
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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 ... More
4/17/2018 | Posted in GTA Real Estate by Eileen Farrow
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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.
... More 1/4/2018 | Posted in Canadian Housing Market by Eileen Farrow
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What houses sold for in the past is hidden behind an MLS firewall but this may change and enable buyers to make better decisions
... More 12/8/2017 | Posted in Ontario Real Estate by Eileen Farrow
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With reduced buying power, house hunters will scoop these properties up
... More 8/25/2017 | Posted in GTA Real Estate by Eileen Farrow
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The basic lesson: A property is worth what a buyer is willing to pay
... More 6/21/2017 | Posted in GTA Real Estate by Eileen Farrow
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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 ... More
4/2/2017 | Posted in Real Estate Market by Eileen Farrow
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Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them.
... More 3/31/2017 | Posted in Toronto Real Estate by Eileen Farrow
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With Toronto housing getting harder and harder to afford, governments are under pressure to “do something” – always a dangerous moment. Several ideas are ... More
3/14/2017 | Posted in Mortgage Interest Rates by Eileen Farrow
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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 ... More
1/20/2017 | Posted in GTA Real Estate by Eileen Farrow
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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 ... More
1/17/2017 | Posted in Ontario Real Estate by Eileen Farrow
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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 ... More
11/23/2016 | Posted in GTA Real Estate by Eileen Farrow
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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 ... More
11/3/2016 | Posted in GTA Real Estate by Eileen Farrow
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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 ... More
11/2/2016 | Posted in Real Estate Market by Eileen Farrow
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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 ... More
11/1/2016 | Posted in Mortgage Interest Rates by Eileen Farrow
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Broker fears were confirmed Tuesday, with one big bank raising its prime rate less than a month following new mortgage rules.
... More 10/26/2016 | Posted in GTA Real Estate by Eileen Farrow
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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 ... More
10/24/2016 | Posted in Mortgages and Real Estate by Eileen Farrow
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The federal government formally launched consultations Friday to explore potential changes that would shift some of the financial risk tied to ... More
10/18/2016 | Posted in Toronto Real Estate by Eileen Farrow
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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 ... More
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