In toronto real estate, imagine putting down all of your life savings into a deposit on your dream home. Everyone from the sales teams to your real estate agent assures you it’s a solid investment in a hot and getting hotter housing market. This is a smart buy and a deal too good to […]
Toronto Mortgage Posts
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 […]
Buying a home in the GTA requires a six-figure income
In toronto real estate, it takes a six-figure household income to afford a home in the Greater Toronto Area. The exceptions are a couple of pockets of Durham where, if you’re earning a little less than $100,000 a year, you can still find a starter nest. A study being published Friday by real estate […]
Zero down on a $2 million house – no problem in Silicon Valley’s real estate market in California
It turns out that even the well-off need help in a housing market as crazy as the one in the San Francisco Bay area, and lenders are elbowing each other in a rush to provide it. They’re courting Silicon Valley workers with tailored loans, guaranteed 24-hour approval and financial-planning services. Social Finance Inc. has […]
Renters are causing demand in new Toronto highrise construction
In Toronto real estate, a study by real estate consultant Urbanation and obtained by CBC News shows much of Toronto’s high rise construction in 2016 is being fuelled by demand from renters who are either unable or unwilling to pay record prices for real estate. It’s a significant change from the previous decade’s boom, which was spurred primarily by […]