Real Estate News & Articles

11/20/2018 | Posted in GTA Real Estate by Ron Hyde
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Fleeing Toronto for a cheaper house in the suburbs isn’t worth it for many people who have to commute to jobs back downtown. ... More

Real Estate & Mortgage News

11/20/2018 | Posted in Ontario Real Estate by Ron Hyde
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Starting immediately, rent control rules will no longer apply to buildings and flats being rented for the first time, the Progressive Conservative government announced Thursday. ... More

Real Estate & Mortgage News

11/19/2018 | Posted in Commercial Real Estate by Ron Hyde
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The specific needs of the logistics and e-commerce segments will make some commercial and industrial properties in Toronto more desirable than others, according to the latest ... More

Real Estate & Mortgage News

11/16/2018 | Posted in Rental Market by Ron Hyde
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Immensely positive prospects for employment will fuel prolonged demand for rental residences in Toronto, according to a new analysis by Marcus & Millichap. ... More

Real Estate & Mortgage News

11/15/2018 | 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 declined by 1.6% between September and October 2018. ... More

Real Estate & Mortgage News

11/14/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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The bank says stress tests and higher interest rates have reduced the share of new high-leverage, insured loans to six per cent from 20 per cent in late 2016. ... More

Real Estate & Mortgage News

11/14/2018 | Posted in GTA Real Estate by Ron Hyde
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Condo affordability is fuelling the rise of vertical growth, with resale condominium apartments and townhomes in the Greater Toronto Area (GTA) now representing almost 37 per cent ... More

Real Estate & Mortgage News

11/13/2018 | Posted in New Developments by Ron Hyde
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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units. ... More

Real Estate & Mortgage News

11/12/2018 | Posted in Community by Ron Hyde
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Lest We Forget – The Brave, The Fallen And Our Freedom. ... More

Real Estate & Mortgage News

11/7/2018 | Posted in Commercial Real Estate by Ron Hyde
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The moderation of the single-family housing market in the Greater Toronto Area has not dampened the market for residential land. ... More

Real Estate & Mortgage News

11/7/2018 | Posted in Mortgage Interest Rates by Ron Hyde
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Bank of Canada governor Stephen Poloz says the eventual destination range for his key interest rate target — estimated by his team at between 2.5 and 3.5 ... More

Real Estate & Mortgage News

11/7/2018 | Posted in Canadian Housing Market Predictions by Ron Hyde
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the resale ... More

Real Estate & Mortgage News

11/6/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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As Canadian mortgages come up for renewal, many households are starting to experience what TD Economics has dubbed a “completely new phenomenon” – higher ... More

Real Estate & Mortgage News

11/5/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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Updated numbers from the Bank of Canada showed that the balance of insured mortgage debt suffered its largest decline in history. ... More

Real Estate & Mortgage News

11/5/2018 | Posted in GTA Real Estate by Ron Hyde
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Toronto Real Estate Board President Garry Bhaura announced year-over-year increases in home sales and average sale prices reported through TREB's MLS® System in October ... More

Real Estate & Mortgage News

11/2/2018 | Posted in Canadian Economy and Housing Market by Ron Hyde
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The benchmark rate set by the central bank is called the overnight rate and it’s now at 1.75 per cent, up from 0.5 per cent in the summer of 2017. ... More

Real Estate & Mortgage News

11/1/2018 | Posted in GTA Real Estate by Ron Hyde
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Condo prices continue to rise in the Greater Toronto Area even as new supply eases inventory pressures. ... More

Real Estate & Mortgage News

10/31/2018 | Posted in Rental Market by Ron Hyde
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In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster. ... More

Real Estate & Mortgage News

10/31/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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Bank of Canada governor Stephen Poloz wants Canadians to get used to the idea of three per cent interest rates as the new normal, now that the era of rock-bottom ... More

Real Estate & Mortgage News

10/29/2018 | Posted in Commercial Real Estate by Ron Hyde
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With demand for the asset class showing no signs of stopping, industrial properties in Canada’s hottest markets yielded a record-breaking $6.1 billion in sales during Q2 ... More

Real Estate & Mortgage News

10/28/2018 | Posted in Commercial Real Estate by Ron Hyde
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Owners of commercial real estate are carrying a disproportionate property tax burden across Canada according to a new report. ... More

Real Estate & Mortgage News

10/28/2018 | Posted in GTA Real Estate by Ron Hyde
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There was an improvement in sales of newly-built homes in the Greater Toronto Area last month. ... More

Real Estate & Mortgage News

10/26/2018 | Posted in Luxury Real Estate by Ron Hyde
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Toronto and Vancouver condo units in the $1-2 million price range have attracted a healthy proportion of buyers over the past few years, according to the2018 RE/MAX Spotlight on ... More

Real Estate & Mortgage News

10/22/2018 | Posted in Canadian Economy and Housing Market by Ron Hyde
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By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people ... More

Real Estate & Mortgage News

10/21/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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A slowing economy and rising borrowing costs will probably push Canadian delinquency rates higher in coming months, according to the country’s largest credit reporting firm. ... More

Real Estate & Mortgage News

10/17/2018 | Posted in Toronto News by Ron Hyde
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Toronto has seen a dramatic fall from the top in a global ranking of the best performing residential housing markets. ... More

Real Estate & Mortgage News

10/16/2018 | Posted in GTA Real Estate by Ron Hyde
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In its latest market survey and forecast, Royal LePage reported a 0.4% year-over-year decrease in the sale price of a home in the Greater Toronto Area as of Q3 2018, slightly down ... More

Real Estate & Mortgage News

10/15/2018 | Posted in Canadian Housing Market by Ron Hyde
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Canadian home sales weakened by 0.4% in September compared to the previous month. ... More

Real Estate & Mortgage News