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Toronto home price

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

November 14, 2021 by Central Toronto Real Estate Blog

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 […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordability, CMHC, stress test, Toronto home price, toronto real estate

Bank Governor Poloz Describes Toronto’s Real Estate Market Like A House of Cards

November 14, 2021 by Central Toronto Real Estate Blog

Bank Governor Poloz Describes Toronto’s Real Estate Market Like A House of Cards

  In toronto real estate, Bank of Canada governor is urging the Toronto city council to prepare for the changes in the housing market. For the past two decades, the natives of Toronto didn’t find it difficult to acquire mortgages and those who got these approvals have been buying into an ever more inflated housing […]

Filed Under: Toronto Buyer Posts, Toronto Mortgage Posts, Toronto Real Estate Posts Tagged With: central toronto real estate, housing mortgage, Toronto home price, toronto real estate

Low-rise homes have gained impressive 10-year result

November 14, 2021 by Central Toronto Real Estate Blog

Low-rise homes have gained impressive 10-year result

  In toronto real estate, further proof that property investment in Toronto hot market has been a solid choice – as if it was really needed. The average price of a low-rise home in the Greater Toronto has more than doubled since 2006, according to the Building Industry and Land Development Association (BILD). The average […]

Filed Under: Toronto News Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, housing bubble, Toronto home price, toronto real estate

Bank of Canada may not cool hot Toronto housing market – BMO says

September 18, 2021 by Central Toronto Real Estate Blog

Bank of Canada may not cool hot Toronto housing market – BMO says

  Scorching prices in Canada’s top housing markets are unlikely to see declines because the major drivers are beyond the reach of traditional monetary policy, according to Bank of Montreal’s top economists. “Monetary policy can’t do anything about the inferno,” according to the draft of a report led by Douglas Porter, the bank’s chief economist. […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: affordable housing, central toronto real estate, Toronto home price, toronto home seller, toronto real estate

Hot Toronto housing market got even hotter in May, 2016

September 18, 2021 by Central Toronto Real Estate Blog

Hot Toronto housing market got even hotter in May, 2016

  TORONTO — The Toronto area’s real estate market set a new record in May, 2016, with nearly 13,000 homes sold. That’s up 10.6 per cent from May 2015 in what was already one of Canada’s hottest real-estate markets. The Toronto Real Estate Board says there’s a shortage of listings for low-rise types of housing, […]

Filed Under: Toronto Buyer Posts, Toronto Real Estate Posts, Toronto Seller Posts Tagged With: central toronto real estate, toronto home buyer, Toronto home price, toronto home seller, toronto real estate

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