May 3, 2017 There are 33.6 per cent more new listings into TREB's MLS® System in April 2017, at 21,630, compared to the same month in 2016. New listings were up by double-digits for all low-rise home types, including detached and semi-detached houses and townhouses. New listings for condominium apartments were at the same level as last year. (Full Report)
January 26, 2017 -- "Gone are the days when we were concerned about a potential glut in inventory in the condominium apartment market. The supply concerns that have been top-ofmind for ground-oriented home types are also now a reality for the condo market segment. Regardless of the price measure considered, heightened competition between condo buyers has resulted in double-digit price inflation," said Mr. Cerqua. (Read full report)
Real estate has proven to be one of the best long term investments for your money. Your chances o...f making a substantial profit in real estate are excellent if you can afford buying a property now and are able to hold on to it for 5 to 10 years. The three main factors influencing your choice of real estate should be: location, location, location! With mortgage rates still on the low side, you are able to make a bigger investment in property while maintaining the same monthly payments.
On October 3, 2016, the Government of Canada announced new rules for government-backed mortgage loan... insurance. The new rules include the application of a mortgage rate stress test to all insured mortgages, and changes to low-ratio mortgage loan insurance eligibility requirements.
Are you ready for the CRA? How long do you own the property? How often do owners buy and... sell will determine if the property was meant to be flipped or kept and falls under the principal residence exemption. When you sell your home, you may realize a capital gain. If the property was your principal residence for every year you owned it, you do not have to report the sale on your income tax and benefit return.
Waterloo RecordToronto bidding wars turn to homebuyers' remorse as market gets ...Financial PostNational PostAfter a double whammy of government intervention and the near-collapse of Home Capital,... sellers are rushing to list their homes to avoid missing ...Toronto real estate bidding wars turn to buyers' remorseWaterloo RecordCanada home prices not coming down yet thanks to low rates: Reuters pollReuters CanadaIs A Financial Crisis Coming To Canada?Collective EvolutionThe Edge Markets MY -Mortgage Broker Newsall 16 news articles »
Waterloo RecordToronto bidding wars turn to homebuyers' remorse as market gets nervousFinancial PostThe new dynamic has buyers rethinking purchases and sellers asking why they aren't attractin...g the bidding wars their neighbours saw just a few weeks ago in Canada's largest city. “We are seeing people who paid those crazy ... “In less than one week we ...Toronto real estate bidding wars turn to buyers' remorseWaterloo RecordCanada home prices not coming down yet thanks to low rates: Reuters pollReuters CanadaIs A Financial Crisis Coming To Canada?Collective EvolutionMortgage Broker Newsall 113 news articles »
Yahoo News Canada (blog)What are Canada's next hot real estate markets?Yahoo News Canada (blog)If you haven't read a pixel about Canadian real estate over the last decade, here's a quick s...ummation: Vancouver and Toronto are impossibly hot markets that will either collapse under their own weight or make everyone who buys there a multi-millionaire ...Canadian real-estate sentiment slipsTHE BUSINESS TIMESall 3 news articles »
Yahoo News Canada (blog)What are Canada's next hot real estate markets? - Yahoo FinanceYahoo News Canada (blog)With Toronto and Vancouver's housing markets reaching astronomical levels, we ask...ed where investors should look for the next big real estate boom.Canadian real-estate sentiment slipsTHE BUSINESS TIMESall 3 news articles »
BloombergToronto Homeowners Are Suddenly in a Rush to SellBloombergWeekly polling data show real estate price expectations have come down, in a sign that Canadians are anticipating housing markets in ...Toronto and Vancouver will finally cool. The share of people saying home prices will rise in the next six months fell ...and more »