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Central Toronto Real Estate TREB Released July, 2019 Resale Market Figures

August 11, 2019 by Central Toronto Real Estate Blog

Central Toronto Real Estate TREB Released July, 2019 Resale Market Figures

  Central Toronto Real Estate TREB Released July, 2019 Resale Market Figures   Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,595 sales through TREB’s MLS® System in July 2019. This result was up by 24.3 per cent compared to July 2018. On a month-over-month basis, sales were up by 5.1 per cent, […]

Filed Under: Toronto Business Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: 2019 Resale Market Figures, acceleration of home price, Active listings, average selling price, central toronto real estate, condo price growth, detached home, different forms of housing, diversity of housing options, Greater Toronto Area, Greater Toronto Area Real Estate Market, GTA households, GTA residents, Higher density home, home ownership, home ownership costs, home price growth, Home Price Index, housing options, housing policies, housing supply issues, increased competition, MLS Home Price Index, MLS system, mortgage stress test, OSFI, OSFI stress test, OSFI stress test rules, pace of price growth, pent-up demand, population growth, population growth in GTA, price growth, rate of inflation, single-detached market segment, stress test, strong price growth, Toronto City Council, Toronto condo price growth, toronto home price growth rate, toronto real estate, Toronto Real Estate Board, unsustainable levels

Canada Shows Signs of Housing Bubble, Bloomberg Reports in 2019

July 14, 2019 by Central Toronto Real Estate Blog

Canada Shows Signs of Housing Bubble, Bloomberg Reports in 2019

  Canada and New Zealand are the most vulnerable economies to a correction in house prices, with Australia and the U.K. also drawing concern, according to new research from Bloomberg Economics.   Seeking to build a “housing bubble dashboard,” economist Niraj Shah studied ratios of house prices to rent and income as well as inflation-adjusted […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, correction in house prices, cost of housing, cost of housing compared with wages, cut interest rates, higher house prices, house prices, house prices to income, house prices to rent, household credit, housing bubble, housing bubble dashboard, housing bubbles, inflation-adjusted prices, monetary policy, tax on foreign buyers, toronto housing bubble, toronto real estate, Toronto Real Estate Housing Bubble

Central Toronto Real Estate TREB Released June, 2019 Resale Market Figures

July 7, 2019 by Central Toronto Real Estate Blog

Central Toronto Real Estate TREB Released June, 2019 Resale Market Figures

  Central Toronto Real Estate TREB Released June, 2019 Resale Market Figures   Toronto Real Estate Board (TREB) announced that Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase compared to June 2018. Over the same time period, total new listings remained at a […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordability, affordability crisis, affordable housing, affordable rental, allowable amortization periods, amortization periods, average market rent, average rents, average selling price, central toronto real estate, CMHC insured mortgages, condo affordability, condo appreciation, condo price growth, condo rental market, federally insured mortgages, home affordability, home ownership, home price growth, housing affordability, low inventory, market conditions, MLS Home Price Index, mortgage affordability, mortgage qualifying, mortgage stress test, new listings down in 2019, OSFI, OSFI stress test rules, qualify for home, qualify for mortgage, rental affordability, stress test, stress test rules, Strong buyer competition, Strong competition, Toronto housing affordability, toronto real estate, Toronto Real Estate Board, Toronto real estate board house prices, Toronto Real Estate Board Market News, Toronto Real Estate Board Market Watch, TREB MLS system

In Toronto From Renting To Owning A Condo Is Becoming Harder

June 11, 2019 by Central Toronto Real Estate Blog

In Toronto From Renting To Owning A Condo Is Becoming Harder

In Toronto From Renting To Owning A Condo Is Becoming Harder     In Toronto From Renting To Owning A Condo Is Becoming Harder     Runaway price growth for single-family homes is a thing of the past in Toronto and Vancouver today, thanks to rising interest rates and tougher mortgage rules. But with prices […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Personal Finance Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordability, affordability erosion, affordability relief, affordability report, buying the condos, condo affordability, condo rentals, crisis levels, demand for condos, flat single-family home prices, home affordability, household income growing, housing affordability, housing affordability improved, interest rates, Lower interest rates, mortgage affordability, mortgage rules, owning an average condo, price gains, purpose-built apartments, rental demand to grow, Rental housing, rental housing units, renting a two-bedroom apartment, Renting To Owning, Renting To Owning A Condo, rising interest rates, Runaway price growth, sharper price gains, single-family home prices, single-family homes, stronger demand for condos, tight labour market, tougher mortgage rules, would-be homebuyers

Bank of Canada poised to follow Fed with rate cuts later this year, traders speculate

June 11, 2019 by Central Toronto Real Estate Blog

Bank of Canada poised to follow Fed with rate cuts later this year, traders speculate

    Bank of Canada poised to follow Fed with rate cuts later this year, traders speculate   The Bank of Canada is likely to join the U.S. Federal Reserve with an interest rate cut this year to deal with the fallout from rising trade tensions, according to trading in the swaps market.   Investors […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Mortgage Posts, Toronto Personal Finance Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: bank of canada, Canadian policy makers, central toronto real estate, higher interest rates, illegal immigration, interest rate cuts, Lower interest rates, medium-term outlook, mortgage interest rates, North America Free Trade Agreement, rising trade tensions, swaps market, tariffs on Mexican products, toronto housing interest rates, toronto real estate, trading in the swaps market, U.S. Federal Reserve

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Central Toronto Real Estate – Max Seal Blog

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