Real Estate News, Articles, Reports, Analysys & Trends

8/2/2020 | Posted in Toronto Real Estate by Gay MacLeod
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The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by since last year, but the average selling price is up.

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7/29/2020 | Posted in Canada Living by Gay MacLeod
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Canadians who owe the tax man are getting another reprieve because of COVID-19.

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7/23/2020 | Posted in Ontario Real Estate by Gay MacLeod
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The Ontario government has passed Bill 184, Protecting Tenants and Strengthening Community Housing Act, 2020 into law as a way to provide stability to the province's rental ... More

Real Estate & Mortgage News

7/25/2020 | Posted in Toronto Living by Gay MacLeod
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Condos in Toronto’s downtown core have become increasingly out of reach of most household budgets, skewing what it means to be “middle-class” in one of ... More

Real Estate & Mortgage News

7/28/2020 | Posted in Toronto Real Estate by Gay MacLeod
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Throughout the COVID-19 pandemic, homeowners have had a lot of time to reassess what they need in a home. For some, this has meant considering a new property outside of the ... More

Real Estate & Mortgage News

7/29/2020 | Posted in Toronto Real Estate by Gay MacLeod
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Toronto’s condominium market showed significant slowdown in the second quarter, with sales dropping to their lowest levels since 2009, according to the Q2-2020 ... More

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7/28/2020 | Posted in Canadian Housing Market by Gay MacLeod
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This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest

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7/27/2020 | Posted in Commercial Real Estate by Gay MacLeod
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Latest data from Statistics Canada showed that e-commerce flourished in the months following the widespread implementation of COVID-19 mobility restrictions – leading ... More

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7/24/2020 | Posted in Financial Health by Gay MacLeod
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There are some financial maxims younger generations hear from well-intentioned parents and other figures in their lives, but experts say that many of those go-to personal ... More

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7/22/2020 | Posted in Toronto Real Estate by Gay MacLeod
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A limited supply of houses for sale, paired with rising demand as COVID-19 pandemic restrictions lift, have caused real estate prices in Toronto to skyrocket over the past few ... More

Real Estate & Mortgage News

7/21/2020 | Posted in Canadian Housing Market by Gay MacLeod
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Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market ... More

Real Estate & Mortgage News

7/20/2020 | Posted in Commercial Real Estate by Gay MacLeod
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Toronto’s commercial segment continues to labour under adverse conditions, with the downtown market recently seeing a spike in office vacancies.

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7/14/2020 | Posted in Canadian Economy and Housing Market by Gay MacLeod
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While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More

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7/15/2020 | Posted in Mortgage Interest Rates by Gay MacLeod
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The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent.

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Real Estate & Mortgage News

7/15/2020 | Posted in Canadian Housing Market by Gay MacLeod
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Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020.

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7/13/2020 | Posted in Mortgages and Real Estate by Gay MacLeod
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Renewal and refinance activity has spiked since lockdowns were lifted according to a recent report.

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Real Estate & Mortgage News

7/9/2020 | Posted in Commercial Real Estate by Gay MacLeod
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A significant fraction of Canadian business tenants are expecting their revenues to bounce back to pre-pandemic levels within 12 months, according to a recent survey by the ... More

Real Estate & Mortgage News

7/9/2020 | Posted in Canadian Housing Market Predictions by Gay MacLeod
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Strong June home sales data from Toronto and Vancouver finally gave wary homebuyers and industry professionals the dose of good news that they’d sorely needed.

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Real Estate & Mortgage News

7/9/2020 | Posted in Financial Health by Gay MacLeod
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Canadian household debt has shown relatively muted increases despite growth in the mortgage segment, according to data from the central bank.

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Real Estate & Mortgage News

7/8/2020 | Posted in Toronto Real Estate by Gay MacLeod
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Toronto’s real estate market appears to be roaring back to life, but some housing industry observers believe prices are being propped up by a combination of government ... More

Real Estate & Mortgage News

7/7/2020 | Posted in Toronto Real Estate by Gay MacLeod
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Greater Toronto Area home sales are rebounding from the COVID-19 pandemic and prices are on the rise, but completed transactions are still short of where they were last year, ... More

Real Estate & Mortgage News

7/7/2020 | Posted in Toronto News by Gay MacLeod
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Toronto city council voted to make masks mandatory in enclosed, public places last week following recommendations from the medical officer of health. Most of the GTA is moving ... More

Real Estate & Mortgage News

7/7/2020 | Posted in GTA Real Estate by Gay MacLeod
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Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June ... More

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7/6/2020 | Posted in Financial Health by Gay MacLeod
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Data from the Office of the Superintendent of Bankruptcy Canada (OSB) revealed that federal fiscal support and payment deferrals are helping households retain their purchasing ... More

Real Estate & Mortgage News

7/6/2020 | Posted in Real Estate Tax Evasion by Gay MacLeod
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The Canada Revenue Agency has announced that it will be taking a closer look at real estate transactions in the United States to search for Canadians with hidden income.

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Real Estate & Mortgage News

6/30/2020 | Posted in Mortgages and Real Estate by Gay MacLeod
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While mortgage rates have been tumbling steadily over the last couple of months, many are now in record-setting territory, with certain 1- to 5-year fixed rates now available ... More

Real Estate & Mortgage News

6/24/2020 | Posted in Canadian Housing Market Predictions by Gay MacLeod
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Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction.

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6/23/2020 | Posted in Mortgage Interest Rates by Gay MacLeod
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Low interest rates will be the norm for the foreseeable future, Bank of Canada Governor Tiff Macklem said earlier this week.

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Real Estate & Mortgage News

6/15/2020 | Posted in Canadian Housing Market by Gay MacLeod
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were up noticeably in May 2020 compared to April, though ... More

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