Looking to rent a condo in downtown Toronto? Make sure you have your rental application package when you go to look at the place, advises a Toronto realtor.. The bidding wars are prevalent in Toronto’s re-sale home marketplace and they now affecting condo rentals. “If you don’t go with your package in hand — […]
Seller
Toronto home prices jump in October despite new mortgage rules
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 […]
Unethical agents in red-hot Toronto real estate market under the microscope
Who are the unscrupulous agents in Toronto’s real estate market? It all depends on who you’re asking. Some real estate agents engage in unethical behaviour, industry veterans recognise. But so do buyers and sellers. The machinations of Toronto’s blazingly red-hot market are receiving a lot of scrutiny these days. Last week, an undercover investigations […]
Home Price market correction will begin soon – National Bank
Vancouver’s detached home prices will fall 20 per cent over the next year as the number of homes changing hands in the city continued to plunge, National Bank Financial said in a report on Friday. “In the case of vehicles of Vancouver, we consider a price correction are now beginning soon ,” National Bank […]
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 […]