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The temperature might be cooling down, but October still managed to be a hot month for real estate in Canada, as home prices from coast to coast increased to the highest level for the month in 22 years, according to a home price index that monitors the country’s housing market. The read more
Housing advocates believe something is missing from the housing mix in urban Canada. The new housing construction is dominated either by high-rise towers or low-rise detached housing. Some proponents of mid-density housing, also known as the missing middle, consider it to be a panacea for meeting the growth targets in the greater Toronto area. read more
Canadian Real Estate Price Gains Continue To Taper, Annual Growth Falls Below 2% read more
The Bank of Canada once again left interest rates unchanged today but dropped clues suggesting a strong chance of a hike at its next meeting in July. In today’s announcement, the Bank of Canada noted that inflation has been close to its two per cent target and will likely be higher than forecast in the near term. It also referenced rece read more
TREB’s Jason Mercer suggests that if the market progresses beyond current government policy, it could stablize and price should rise moderately. True,yet none of the June 7th election candidates have said they would change anything. There seems to be a big belief in normal demand/supply economics, however there is nothing ordinary read more
“Buyers knocked out of the market by the stress test are being saved, not persecuted,” says Globe & Mail writer Rob Carrick in a recent article. With interest rates still not far off historical lows, 5% of the e read more
Canadian home sales dropped sharply in January to their lowest monthly level in three years amid a retreat in listings as new mortgage rules came into place, according to a new report from a national real estate group. The Canadian Real Estate Association (CREA) said Thursday that home sales through the Multiple Listing Service (MLS) declined read more
Starting Jan.1, home buyers faced a new challenge in addition to rising prices and a restricted supply of availab read more
OSFI is setting a new minimum qualifying rate, or “stress test,” for uninsured mortgages (mortgage consumers with down payments 20% or greater than their home price). The rules now require the minimum qualifying rate for uninsured mortgages to be the greater of the five-year benchmark rate published by the Bank of Canada (presentl read more
ANU BARARIA BENGALURU read more
The Bank of Canada has raised its key interest rate as expected to 0.75 per cent — the central bank's first move upward in the cost of borrowing in seven years. The bank's target for the overnight rate — at which major financial institutions make one-day loans to each other — moved up by one-quarter of a percentage poin read more
1. Choose the Location Carefully This may sound obvious, but before you start shopping you n read more
Toronto Real Estate Market Shows Resilience at the height of a Global Pandemic 
The Market and What's Missing 
Current Market Growth 
Bank of Canada Sets Stage for July Rate Increase 
2018 Housing Predictions Toronto Real Estate Market Shows Resilience at the height of a Global Pandemic The Market and What's Missing Current Market Growth Bank of Canada Sets Stage for July Rate Increase 2018 Housing Predictions