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Canadian mortgage rates goes down to their lowest level in 2 years

June 11, 2019 by Central Toronto Real Estate Blog

Canadian mortgage rates goes down to their lowest level in 2 years

  Canadian mortgage rates goes down to their lowest level in 2 years   House prices may be as high as ever in Toronto in June, 2019, but Toronto homebuyers are being offered some of the lowest mortgage rates seen in 2 years as lenders battle to drum up new business.   Rates on a standard […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Mortgage Posts, Toronto Personal Finance Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: amortization periods, bank of canada, Bank of Canada's benchmark rate, benchmark rate, bond market, central toronto real estate, competitive market, extending amortization periods, five-year fixed rates, five-year fixed-rate mortgage, five-year Government of Canada bond rate, fixed loans, fixed-rate loans, fixed-rate mortgage, fund mortgages, home buying, homebuyers, house prices, Housing policy, interest rates, Lower interest rates, mortgage, mortgage borrowers, mortgage brokerage, mortgage lender, mortgage rates, mortgage renewal, mortgage stress test, overnight index swaps, slide in mortgage rates, spring months, stress test, stress test rules, toronto real estate

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

May 11, 2019 by Central Toronto Real Estate Blog

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

  Central Toronto Real Estate TREB Released April, 2019 Resale Market Figures   TREB announced that the Greater Toronto Area REALTORS® reported a substantial year-over-year increase in home sales in April 2019. The number of residential transactions jumped by 16.8 per cent to 9,042 compared to 7,744 in April 2018. On a preliminary seasonally adjusted […]

Filed Under: Max's Humble Comments - Toronto Real Estate, 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, 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, high demand, hit to the economy, home affordability, home ownership, home price growth, investment property owners, lease for rental, low inventory, market conditions, MLS Home Price Index, mortgage affordability, mortgage qualifying, mortgage stress test, new listings, new listings down in 2019, new Rent control rules, OSFI, qualify for home, qualify for mortgage, rate of inflation, rent control, rent control provisions, rental market, rental vacancy rates, stress test, 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, Toronto Real Estate Market Conditions, toronto rental market, TREB MLS system

Toronto housing slowdown reasons Bank of Canada showed

April 28, 2019 by Central Toronto Real Estate Blog

Toronto housing slowdown reasons Bank of Canada showed

  Toronto housing slowdown reasons Bank of Canada showed   The Bank of Canada found the prices of the housing market went up way out of affordability range for buyers. The Bank estimated. that between 2015 and 2018, the rising cost of home ownership would have lowered annual home sales nationwide by a hefty 56,000 […]

Filed Under: Max's Humble Comments - Toronto Real Estate, Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordability, affordability crisis, annual home sales, annual house prices, annual incomes, bank of canada, booming job market, Canadian economy, condo affordability, demand for housing, economic conditions, economic recession, financial vulnerability, foreign buyer tax, foreign buyers, government policy, high debt levels, home affordability, home ownership, home ownership costs, home sales, household debt, household debt level, housing affordability, housing bubble, housing market correction, housing slowdown, jobs boom, level of employment, lower housing prices, market correction, mortgage affordability, mortgage rates, mortgage rules, mortgage stress test, OSFI, pushed up prices, resale, rising cost, rising prices, single detached houses, stress test, Toronto housing, Toronto housing affordability, toronto housing interest rates, toronto housing market

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

April 8, 2019 by Central Toronto Real Estate Blog

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

  Central Toronto Real Estate TREB Released March, 2019 Resale Market Figures   Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 7,187 residential sales through TREB’s MLS® System in March 2019. This result was close to 7,188 sales reported in March 2018. For the first quarter of 2019, sales were down by […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordability, affordability crisis, affordable rental, average rents, average sales price, central toronto real estate, CMHC insured mortgages, condo affordability, condo price growth, condo rental market, federally insured mortgages, high demand, hit to the economy, home affordability, home ownership, home price growth, investment property owners, lease for rental, low inventory, market conditions, MLS Home Price Index, mortgage affordability, mortgage stress test, new listings, new listings down in 2019, new Rent control rules, OSFI, price growth, qualify for home, qualify for mortgage, rate of inflation, rent control, rent control provisions, rental apartments, rental market, rental vacancy rates, stress test, 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, Toronto Real Estate Market Conditions, toronto rental market, TREB MLS system

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

February 13, 2019 by Central Toronto Real Estate Blog

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

  Central Toronto Real Estate TREB Released January, 2019 Resale Market Figures   Toronto Real Estate Board announced that Greater Toronto Area REALTORS® reported 4,009 home sales through TREB’s MLS® in January 2019 – up by 0.6 per cent compared to January 2018. On a preliminary seasonally adjusted basis, sales were up by 3.4 per […]

Filed Under: Toronto Business Posts, Toronto Buyer Posts, Toronto Mortgage Posts, Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: 2019 Market Figures, average selling price, borrowing costs, central toronto real estate, condominium apartment, condominium apartment sales, Higher borrowing costs, higher mortgage payments, home price growth, housing options, January, Market Figures, mortgage, mortgage affordability, mortgage payments, mortgage qualifying, mortgage rate, mortgage stress test, new listings, new mortgage rules, residential transactions, stress test, toronto real estate, Toronto Real Estate Board, Toronto Real Estate Board Market Watch, Toronto Real Estate Market Watch, treb, TREB market area, treb market report January 2019, TREB MLS system

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