Toronto is U.S. and Canada’s fastest-growing city, and that’s not good Torontonians could find themselves “doubling up” on housing with friends or relatives in the incoming years as the city’s breakneck population growth outstrips the supply of new housing, an urban planning expert is warning. In an analysis published online this […]
Toronto Seller Posts
Central Toronto Real Estate TREB Released May, 2019 Resale Market Figures
Central Toronto Real Estate TREB Released May, 2019 Resale Market Figures Toronto Real Estate Board President announced that Greater Toronto Area REALTORS® reported 9,989 transactions through TREB’s MLS® System in May 2019. This result represented a substantial increase of 18.9 per cent over the 15-year low in May 2018, Please note that […]
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 […]
OSFI increases domestic buffer to 2% amid household debt risk for big banks
OSFI increases domestic buffer to 2% amid household debt risk for big banks OSFI, the federal banking regulator, is increasing the domestic stability buffer for the country’s systemically important banks to 2.00 per cent from 1.75 per cent. The Office of the Superintendent of Financial Institutions said Tuesday that on balance […]
Toronto opposes Ford’s new housing plan for lack of affordable housing, reduced revenue
Toronto opposes Ford’s new housing plan for lack of affordable housing, reduced revenue Toronto council has voted to oppose the provincial government’s new housing supply plan, with city staff and councillors citing concerns about reduced city revenue, less control over planning, and a lack of “tools” to mandate affordable units. The new plan, heading […]