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 […]
mortgage
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 […]
Housing in Canada overheating but don’t expect a collapse, a new report
In toronto real estate, forget all the housing crash talk says a new report that indicates prices acceleration in Canada’s housing market will slow down without any hard landing. Moody’s Analytics, which utilized the Brookfield RPS house price index for its frameworks, is of the view that prices in Canada will slow down as […]
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 […]
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 […]