Real Estate News, Articles, Reports, Analysys & Trends

10/25/2021 | Posted in Home Buyers by Jason Codell
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Rughly 30 per cent of first-time homebuyers and nearly nine per cent of existing homeowners received financial help from family this past year to purchase a house. ... More

Parents gifting kids record $82K average to buy first home: CIBC report

10/25/2021 | Posted in Toronto Real Estate by Jason Codell
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The time to rent an apartment for a bargain price in Canada's biggest metropolis has indeed come and gone, with prices continuing to climb quarter-over-quarter this year amid ... More

Toronto rents keep on rising while the supply of available apartments tightens

10/22/2021 | Posted in Mortgage Interest Rates by Jason Codell
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Global bond yield rates are up this month, and Canada is not missing out on the action. ... More

Mortgage rates back up as GOC bond yields rise

10/22/2021 | Posted in Toronto Real Estate by Jason Codell
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The vacant home tax is meant to encourage property owners to sell or rent out their unoccupied residential properties to increase Toronto's housing supply - or pay a tax to ... More

City of Toronto seeks input on vacant home tax intended to increase housing supply

10/22/2021 | Posted in Toronto Real Estate by Jason Codell
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It turns out that some of the city's surrounding suburbs are now among the most competitive real estate battlegrounds in the region ... More

Buying a townhome in Toronto's suburbs is borderline impossible right now

10/20/2021 | Posted in Financial Health by Jason Codell
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This trend was influenced by historically low rates and sustained housing demand ... More

Mortgage debt growth spikes to a decade-high pace - CMHC

10/19/2021 | Posted in Interest Rates by Jason Codell
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Expectations for the first interest rate hike have moved up to as early as April as inflation concerns grow and supply disruptions persist. ... More

Rate Hikes Could Start by April as Inflation and Supply Concerns Grow

10/18/2021 | Posted in Rental Market by Jason Codell
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Changes on the way to the province's Condominium Act that will place tougher restrictions on tenants. ... More

New changes coming to Ontario's condo act will mean harsher rules for renters

10/16/2021 | Posted in Financial Health by Jason Codell
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Nearly 35% of Canadians are worried that higher interest rates could push them into bankruptcy ... More

Canadians fear bankruptcy risks following rate hikes

10/13/2021 | Posted in Mortgage Interest Rates by Jason Codell
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A growing number of lenders have been raising interest rates recently in response to rising bond yields, including the big six banks. ... More

Mortgage Rates Rising as Bond Yields Surge

10/15/2021 | Posted in Canadian Housing Market by Jason Codell
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A new survey shows that housing prices in Canada have jumped an astounding 21.4 per cent since this time last year. ... More

Canadian home prices have jumped 21.4 per cent since last year, survey finds

10/15/2021 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up between August and September 2021. ... More

Canadian home prices continue to re-accelerate in September

10/15/2021 | Posted in Canadian Housing Market by Jason Codell
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Popularity of variable-rate mortgages expected to grow further, overturning a trend that has been in place for over a decade. ... More

Canada's housing market unlikely to cool as new home buyers opt for variable loans

10/14/2021 | Posted in Canadian Housing Market by Jason Codell
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Canadian home prices should rise another 5% before the end of 2021, says a new report from RE/MAX. ... More

Canadian home prices to grow 5% through 2021: RE/MAX

10/8/2021 | Posted in Canada Living by Jason Codell
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The bank's measure of affordability has seen the gains made pre-pandemic erased with all areas affected ... More

RBC: Housing affordability has slipped to its worst in 30 years

10/1/2021 | Posted in Toronto Living by Jason Codell
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Even after a year of pandemic living, Toronto has officially been declared one of the greatest places to be in the world! ... More

Toronto named one of the best cities in the world by new report

10/5/2021 | Posted in Commercial Real Estate by Jason Codell
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With superlow interest rates, prices rising constantly and a pandemic that has upended the way we work and shop, investing in commercial real estate right now can seem unusually ... More

Low interest rates tempting for investors in commercial real estate

10/5/2021 | Posted in GTA Real Estate by Jason Codell
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September marked the transition from the slower summer market to the busier fall market in the Greater Toronto Area (GTA). Every year, we generally see an uptick ... More

Tight GTA Housing Market Conditions Sustain Strong Price Growth

10/4/2021 | Posted in Commercial Real Estate by Jason Codell
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With disruptions to the global economy due to COVID in the first half of last year, 2021 already looks to be showing signs of recovery. ... More

Investors look ahead despite continued pandemic-related challenges as Canadian CRE investments reach a new peak in first half of the year

9/29/2021 | Posted in GTA Real Estate by Jason Codell
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The intensified activity was spurred by a recent boost in inventory, BILD says ... More

GTA saw a record number of sales for one home type last month

9/28/2021 | Posted in Mortgage Interest Rates by Jason Codell
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Bond yields rose sharply on Monday in the U.S. and Canada, and bond yields typically lead fixed mortgage rates. ... More

Bond Yields Are Rising. Are Fixed Mortgage Rates Next?

9/28/2021 | Posted in Canadian Housing Market by Jason Codell
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Canada’s housing agency said the country is now at high risk of a sharp correction in home valuations as the continued appreciation in prices becomes unmoored from economic ... More

Housing-Market Risk Jumps to High in Canadian Government Rating

9/28/2021 | Posted in Home Owners by Jason Codell
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Homeowners paid $769 less per month than renters in Q2 2021, on average ... More

Buying vs Renting study: Homeowners come out in front financially in more than 90% of scenarios analyzed

9/23/2021 | Posted in Commercial Real Estate by Jason Codell
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Office vacancies in Canada were at the highest level in decades this quarter as new supply continued to come onto the market while the fourth wave of COVID-19 slowed an expected ... More

Canadian office vacancy rate hits highest level since 1994

9/22/2021 | Posted in First Time Home Buyers by Jason Codell
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This buyer cohort also makes more expensive residential moves, on average ... More

Where do immigrants buy homes in Canada?

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