Real Estate News & Articles

9/21/2020 | Posted in Canadian Housing Market by Ron Hyde
SHARE

The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates in ... More

Real Estate & Mortgage News

9/18/2020 | Posted in Mortgages and Real Estate by Ron Hyde
SHARE

A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ... More

Real Estate & Mortgage News

9/18/2020 | Posted in Home Buyers by Ron Hyde
SHARE

Record-low interest rates appear to be a major factor. ... More

Real Estate & Mortgage News

9/18/2020 | Posted in Ontario Real Estate by Ron Hyde
SHARE

The Ontario government introduced its proposed rent freeze legislation for 2021 in the provincial legislature on Thursday. ... More

Real Estate & Mortgage News

9/16/2020 | Posted in Canadian Housing Market Predictions by Ron Hyde
SHARE

The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery. ... More

Real Estate & Mortgage News

9/15/2020 | Posted in Canadian Housing Market by Ron Hyde
SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to climb in August 2020. ... More

Real Estate & Mortgage News

9/15/2020 | Posted in Financial Health by Ron Hyde
SHARE

But more challenging times could be on their way. ... More

Real Estate & Mortgage News

9/15/2020 | Posted in Commercial Real Estate by Ron Hyde
SHARE

Experts are warning that the biggest risk for a spike in defaults may not come from mortgages, but from a smaller number of loans made to vulnerable businesses. ... More

Real Estate & Mortgage News

9/15/2020 | Posted in Home Maintenance by Ron Hyde
SHARE

A new kitchen characteristic has eased into home owners’ lists of must-haves since we all started staying home. ... More

Real Estate & Mortgage News

9/12/2020 | Posted in GTA Real Estate by Ron Hyde
SHARE

Price growth in the Toronto region lost some steam last month compared to July, but there were still plenty of substantial price gains seen across the city’s suburban ... More

Real Estate & Mortgage News

9/10/2020 | Posted in Mortgages and Real Estate by Ron Hyde
SHARE

Canadians piled on mortgage debt even as COVID-19 forced the country into lockdowns, and Canada Mortgage and Housing Corporation (CHMC) worries many will eventually struggle to ... More

Real Estate & Mortgage News

9/9/2020 | Posted in Commercial Real Estate by Ron Hyde
SHARE

TRREB Commercial Network Members reported 3,502,022 square feet of leased space through TRREB's MLS® System in Q2 2020 for all lease ... More

Real Estate & Mortgage News

9/9/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
SHARE

The Bank of Canada reiterated its pledge to keep interest rates at historic lows for years to come, but dialed back its willingness to take even more aggressive action and said it ... More

Real Estate & Mortgage News

9/9/2020 | Posted in Commercial Real Estate by Ron Hyde
SHARE

The Liberal administration will be extending its pandemic fiscal assistance program for small businesses to help beleaguered ventures cover September rent costs. ... More

Real Estate & Mortgage News

9/9/2020 | Posted in Commercial Real Estate by Ron Hyde
SHARE

The ban, which will be made retroactive to Sep. 1, will now last until the end of this month ... More

Real Estate & Mortgage News

9/9/2020 | Posted in Mortgages and Real Estate by Ron Hyde
SHARE

The total mortgage deferral volume in these banks as of the end of July exceeded $130 billion ... More

Real Estate & Mortgage News

9/7/2020 | Posted in Toronto Real Estate by Ron Hyde
SHARE

Home sales in the Greater Toronto Area posted a record for August as they rose 40.3 per cent compared with a year ago and prices shot higher, the Toronto Regional Real Estate ... More

Real Estate & Mortgage News

9/3/2020 | Posted in GTA Real Estate by Ron Hyde
SHARE

Toronto region home sales post best-ever total for August, recording another month of over 10,000 home sales as buyers seeking low-rise properties made their move before the end ... More

Real Estate & Mortgage News

9/2/2020 | Posted in Condo Market by Ron Hyde
SHARE

Traditionally strong-performing markets like Toronto and Vancouver saw condo prices decline. ... More

Real Estate & Mortgage News

8/31/2020 | Posted in Ontario Real Estate by Ron Hyde
SHARE

The Ford government says that it will bring forward rent control legislation so that the “vast majority” of tenants do not face increases in 2021. ... More

Real Estate & Mortgage News

8/31/2020 | Posted in Canada Living by Ron Hyde
SHARE

Canada's federal banking regulator is phasing out requirements around mortgage deferrals for homeowners hard-hit financially by the COVID-19 pandemic. As of July 30, there ... More

Real Estate & Mortgage News

8/30/2020 | Posted in Mortgages and Real Estate by Ron Hyde
SHARE

Canada’s total balance of mortgage payment deferrals stood at over $247 billion as of the end of the second quarter, according to data from TransUnion. ... More

Real Estate & Mortgage News

8/28/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
SHARE

The Bank of Canada is starting to worry about inflation. Not because it sees any, mind. ... More

Real Estate & Mortgage News

8/27/2020 | Posted in Real Estate Market by Ron Hyde
SHARE

A housing inventory surge will likely precede a predicted arrears spike once payment deferrals end, according to a recent analysis. ... More

Real Estate & Mortgage News

8/26/2020 | Posted in Commercial Real Estate by Ron Hyde
SHARE

The COVID-19 pandemic has forced sovereign wealth funds to think the previously unthinkable. ... More

Real Estate & Mortgage News

8/26/2020 | Posted in Toronto Real Estate by Ron Hyde
SHARE

As one of Canada’s most desirable housing destinations, Toronto’s home prices remain at the mercy of multiple factors despite the considerable impact of the COVID-19 ... More

Real Estate & Mortgage News

8/25/2020 | Posted in Rental Market by Ron Hyde
SHARE

Torontonians who choose to rent out their homes on platforms like Airbnb will soon have to register with the city, bringing an end to more than two years of legal wrangling. ... More

Real Estate & Mortgage News

8/25/2020 | Posted in Real Estate Market by Ron Hyde
SHARE

While the last two months have given housing market observers a lot to be optimistic about, concerns remain over the lasting impacts of the pandemic on many key segments of ... More

Real Estate & Mortgage News