Real Estate News & Articles

7/15/2019 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month. ... More

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7/15/2019 | Posted in Commercial Real Estate by Ron Hyde
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Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier. ... More

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7/15/2019 | Posted in Canadian Housing Market by Ron Hyde
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The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario. ... More

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7/15/2019 | Posted in Commercial Real Estate by Ron Hyde
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Demand for offices in Toronto and Vancouver has squeezed the vacancy rates of both, making them the joint tightest markets in North America. ... More

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7/12/2019 | Posted in Toronto Real Estate by Ron Hyde
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Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report. ... More

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7/11/2019 | Posted in Canadian Housing Market by Ron Hyde
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas. ... More

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7/10/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More

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7/9/2019 | Posted in Toronto News by Ron Hyde
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto. ... More

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7/9/2019 | Posted in Commercial Real Estate by Ron Hyde
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The shift towards flexible working has been changing the demand of office tenants over recent years and a new report shows the strength of the ... More

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7/5/2019 | Posted in Rental Market by Ron Hyde
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. ... More

Real Estate & Mortgage News

7/4/2019 | Posted in GTA Real Estate by Ron Hyde
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Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase ... More

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7/3/2019 | Posted in Commercial Real Estate by Ron Hyde
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The Greater Toronto Area will see approximately 2.2 million square feet of new office space by the end of the year, but this would not be nearly ... More

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7/3/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More

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6/30/2019 | Posted in Holidays and Traditions by Ron Hyde
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Smile, laugh and enjoy ... It is Canada Day!!!! ... More

Real Estate & Mortgage News

6/28/2019 | Posted in Rental Market by Ron Hyde
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The average monthly rental rate in Canada increased by four per cent in May following two months of declines, but demand for apartments is expected to remain strong according to a ... More

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6/28/2019 | Posted in Canadian Housing Market by Ron Hyde
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Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More

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6/27/2019 | Posted in New Developments by Ron Hyde
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More

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6/26/2019 | Posted in Toronto News by Ron Hyde
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Oxford Properties Group is planning a US$3.5 billion development in downtown Toronto that would be one of Canada’s biggest real estate projects. ... More

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6/24/2019 | Posted in Canadian Housing Market by Ron Hyde
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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada. ... More

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6/20/2019 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More

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6/19/2019 | Posted in First Time Home Buyers by Ron Hyde
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While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More

Real Estate & Mortgage News

6/18/2019 | Posted in Home Buyers by Ron Hyde
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

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6/17/2019 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019. ... More

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6/16/2019 | Posted in Holidays and Traditions by Ron Hyde
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To all awesome dads, step dads, grandpas, soon-to-be-dads : Hope you have a great day enjoying your favourite things! ... More

Real Estate & Mortgage News

6/14/2019 | Posted in Commercial Real Estate by Ron Hyde
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Colliers says that with strong demand and a record low vacancy, the GTA’s industrial market will solidify its position as one of North America’s leaders. ... More

Real Estate & Mortgage News

6/13/2019 | Posted in Home Buyers by Ron Hyde
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Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Real Estate & Mortgage News

6/11/2019 | Posted in Mortgage Interest Rates by Ron Hyde
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Canadian mortgage rates have already tumbled in recent months and more discounts could be on the way for homebuyers, a according to a new forecast. ... More

Real Estate & Mortgage News

6/11/2019 | Posted in Mortgages and Real Estate by Ron Hyde
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

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6/11/2019 | Posted in Financial Health by Ron Hyde
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A warning has been issued regarding investment schemes that promise tax write-offs by investing in real estate through limited partnerships. ... More

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