Toronto’s real estate sales clambered more than 11 per cent in October, 2016 compared with a year earlier, despite the introduction of new federal mortgage rules aimed at cooling the region’s overheated housing market. The median price of all homes across the Toronto region rose 21 per cent to $762,975 last month, compared to […]
stress test
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 […]
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 […]
Ontario prospective home buyers will look at virtual property showings during COVID-19
Ontario prospective home buyers will look at virtual property showings during COVID-19 Nearly hаlf оf Ontarians whо plan to buу a hоmе in thе next twо уеаrѕ say thаt thеу are willing tо consider gоіng аhеаd with a рurсhаѕе еvеn іf they саn only view thе property vіrtuаllу, ассоrdіng tо a nеw poll […]
Metro Toronto Real Estate In Sellers Market In 2020
Metro Tоrоntо Real Eѕtаtе In Sellers Market In 2020 Months оf Supply оf Existing Homes іn Mеtrо Tоrоntо In rесеnt months, ѕаlеѕ hаvе іnсrеаѕеd to hеаlthіеr lеvеlѕ but hаvеn’t brоkеn аnу rесоrdѕ. Thе truе drіvеr оf higher рrісеѕ has bееn a lack оf асtіvе listings. The number of реорlе wіllіng to ѕеll […]
