Real Estate in the News

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Financial guru: Mortgage rate increase threatens stability
With the Royal Bank of Canada’s announcement of mortgage rate hikes that are set to take place this Friday (January 8), a similar rise in interest from local banks might follow, according to a renowned consumer financial expert.

GTA Realtors® Report Record Year For TREB MLS® Home sales
The second best sales result on record for ...

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Real Estate in the News

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Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA Realtors® Release Monthly Resale Housing Figures
Toronto Real Estate Board President Mark McLean announced that Greater Toronto Area REALTORS® reported 8,804 home sales through TREB’s MLS® System in October 2015. This is the best result on record for the month of October. The MLS® Home Price Index (HPI) Composite Benchmark was up by 10.3 per cent year over year in October. Over ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA Realtors® Release Monthly Resale Housing Figures
“Buyers in the GTA remain confident in their ability to purchase and pay for a home over the long term. They see ownership housing as a quality investment that has historically produced positive returns while at the same time providing owners with a place to live in ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Stay up-to-date with all real estate news updated continually on our Facebook page.

GTA Realtors Release Monthly Resale Housing Figures
June 2015 was a record month for home sales in the Greater Toronto Area (up 18.4% for a total of 11,992 homes sold) and the average selling price is up 12.3% to $639.184 over June 2014. Also read “Average Toronto home sale price hits new record“.

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Poll says many would struggle if mortgage payments rise
Poll finds that a third of homeowners would face financial hardship if their mortgage payments increased by 10%. Also read “Here’s why Canada’s interest rates are going to stay low“.

Fed chair Yellen tells Canadian homeowners to watch out: Don Pittis
The Fed hinted that an interest rate hike may be coming in September. This may cause ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

GTA Realtors Release Mid-Month Resale Housing Figures
Mid-May resale housing figures released show a 9.6% year-over-year increase in the Greater Toornto Area reports The Toronto Real Estate Board. “It is clear that demand for ownership housing remains very strong in the GTA. So much so that, if the pace of sales experienced in the first half of this month is sustained in the second half, we will see ...

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Real Estate in the News

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Real estate news stories that we’ve been following this week.

Average Vancouver home now 12.5 per cent more expensive – canadianrealestatemagazine.ca
The Real Estate Board of Vancouver says that the lower volume of listings is pushing home prices higher, an average of 12.5% in April alone. The rising costs are also responsible for bidding wars in parts of the city that were previously unaffected by the current hot home sales market. Also read “Price Correction Risk Remains ...

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