Wednesday, November 22, 2017

Home Price market correction will begin soon – National Bank

  Vancouver’s detached home prices will fall 20 per cent over the next year as the number of homes changing hands in the city continued to plunge, National Bank Financial said in a report on Friday. “In the case of vehicles of Vancouver, we consider a price correction are now beginning soon ,” National Bank […]

New mortgage rules ‘not the end of the world’ in Toronto – Builder

  While the Toronto condominium market will certainly feel the stifle effects of the recent changes to federal rules governing mortgages, a renowned builder and real estate broker argued that such adjustments will not necessarily lead to cost corrections and sales decline in the city.In toronto real estate, “It’s really not the end of the […]

Toronto home customers look to buy condos which are now getting larger

  In toronto real estate, Toronto-area builders say a shortage of low-rise homes continues to push people into condominium apartments, which are increasing in size for the first time in years to satisfy the demand. “The recent increase in high-rise costs can be attributed to the rise in median suite size, combined with a growing […]

GTA Realtors Rlease September, 2016 Resale Housing Market Figures

  In toronto real estate, on October 5, 2016, Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS reported 9,902 marketings through TREB’s MLS System in September 2016. This ensue was up by 21.5 per cent compared to September 2015. For the region as a whole, strong annual rates of sales […]

Housing in Canada overheating but don’t expect a collapse, a new report

  In toronto real estate, forget all the housing crash talk says a new report that indicates prices acceleration in Canada’s housing market will slow down without any hard landing. Moody’s Analytics, which utilized the Brookfield RPS house price index for its frameworks, is of the view that prices in Canada will slow down as […]

CMHC elevates red flag about housing, warns of Toronto, Vancouver price spillover

  In toronto real estate, the head of the federal housing agency is elevating a red flag about the state of Canada’s real estate sector, saying affordability fears have spilled over from the country’s two most expensive cities to nearby markets. In an article published Monday in the Globe and Mail, CMHC CEO Evan Siddall says […]

New mortgage stress exam regulations kick in

  In toronto real estate, new regulations aimed at inducing it harder to get a mortgage take effect today, October 17, 2016, a move that is bound to have an impact on demand for homes in Canada. Earlier this month, Ottawa announced the moves, which boil down to a stress exam for all insured mortgage […]

Major changes to Canada’s housing and mortgage lending rules

  In toronto real estate, the Liberal government has announced sweeping changes aimed at ensuring Canadians aren’t taking on bigger mortgages than they can afford in an era of historically low interest rates. The changes are also meant to address concerns related to foreign buyers who buy and flip Canadian homes. Below is a breakdown […]

Search all Toronto Homes and Condos. If you want to sell your house or condo, call or text Max Seal, Broker at 647-294-1177 for an appointment with no obligation or for more information.

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