Real Estate News, Articles, Reports, Analysys & Trends

1/27/2021 | Posted in Mortgages and Real Estate by Mira Stefanovic
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High numbers correlate with those most severely hit by unemployment

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Real Estate & Mortgage News

1/20/2021 | Posted in Mortgage Interest Rates by Mira Stefanovic
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In its latest policy announcement today, the Bank of Canada held its target for the overnight rate at the effective lower bound of 0.25%, with the bank rate at 0.5% percent and ... More

Real Estate & Mortgage News

1/20/2021 | Posted in Mortgages and Real Estate by Mira Stefanovic
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Canadian Mortgage Debt Increased 7.4% in November compared to a year earlier, pushing total up to nearly $1.66 trillion, according to StatsCan.

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Real Estate & Mortgage News

1/20/2021 | Posted in Canadian Housing Market by Mira Stefanovic
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e annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp. (CMHC).

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1/19/2021 | Posted in Mortgages and Real Estate by Mira Stefanovic
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Loan-default insurance industry player says it gained market share following changes the Crown agency made last summer.

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1/18/2021 | Posted in Rental Market by Mira Stefanovic
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Toronto apartment hunters have a lot more options these days, as a flight into the suburbs led to an all-time high vacancy rate.

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1/16/2021 | Posted in Ontario News by Mira Stefanovic
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Ontario homeowners who haven’t started work on their renovation projects as of Jan. 12 will have to put their plans on hold under the province’s new construction ... More

Real Estate & Mortgage News

1/15/2021 | Posted in Canadian Housing Market by Mira Stefanovic
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in December 2020.

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1/14/2021 | Posted in Commercial Real Estate by Mira Stefanovic
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Despite the recent arrival of the vaccine for the COVID-19 pandemic, a new report expects the first half of 2021 to be a continuation of 2020’s acceleration toward ... More

Real Estate & Mortgage News

1/14/2021 | Posted in Canadian Housing Market Predictions by Mira Stefanovic
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Canada’s housing market may be heading for a soft landing at the end of the year after what could be a record-breaking 2021, a new report by RBC Economics said.

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Real Estate & Mortgage News

1/14/2021 | Posted in Home Buyers by Mira Stefanovic
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A record number of Canadians left major urban centers last year amid the pandemic, led by youth and young families.

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Real Estate & Mortgage News

1/13/2021 | Posted in Mortgage Interest Rates by Mira Stefanovic
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Money markets see an increased chance of the Bank of Canada cutting interest rates closer to zero, as tightening economic restrictions to contain a second wave of COVID-19 ... More

Real Estate & Mortgage News

1/13/2021 | Posted in Canadian Housing Market by Mira Stefanovic
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Plus, seven trends that could impact the real estate market

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Real Estate & Mortgage News

1/13/2021 | Posted in Ontario News by Mira Stefanovic
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The Ontario government has issued a stay-at-home order for the province beginning on Jan. 14 and has immediately declared a second state of emergency.

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1/12/2021 | Posted in Mortgages and Real Estate by Mira Stefanovic
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The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation.

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Real Estate & Mortgage News

1/11/2021 | Posted in Canadian Housing Market by Mira Stefanovic
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Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area.

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Real Estate & Mortgage News

1/8/2021 | Posted in Condo Market by Mira Stefanovic
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Condo sales soared across the Toronto region in December, and as one economist wrote, it looked like buyers were out “in full force looking for bargains.”

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Real Estate & Mortgage News

1/7/2021 | Posted in Mortgage Interest Rates by Mira Stefanovic
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The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent forecast.

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Real Estate & Mortgage News

1/6/2021 | Posted in GTA Real Estate by Mira Stefanovic
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Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® ... More

Real Estate & Mortgage News

1/5/2021 | Posted in Mortgages and Real Estate by Mira Stefanovic
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For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead.

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Real Estate & Mortgage News

1/5/2021 | Posted in Canadian Housing Market by Mira Stefanovic
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Canadians are feeling more confident about the continued rise in home prices now than at any point in the previous three years, a trend Bloomberg and Nanos Research called a ... More

Real Estate & Mortgage News

1/4/2021 | Posted in Home Owners by Mira Stefanovic
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The feds plan to provide homeowners with up to $5,000 in grants and one million free EnerGuide assessments to make their homes more energy efficient.

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Real Estate & Mortgage News

1/2/2021 | Posted in Canadian Economy and Housing Market by Mira Stefanovic
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Amid an unpredictable pandemic, forecasts for the housing market are pretty much all over the map.

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Real Estate & Mortgage News

12/31/2020 | Posted in Condo Market by Mira Stefanovic
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No sector has been hit as hard as condos in this pandemic, and while experts say the market will recover, it will be different

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Real Estate & Mortgage News

12/30/2020 | Posted in First Time Home Buyers by Mira Stefanovic
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With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time ... More

Real Estate & Mortgage News

12/22/2020 | Posted in Ontario News by Mira Stefanovic
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The provincial government has announced all of Ontario will be entering a provincial shutdown as of 12:01 a.m. on Dec. 26 in a bid to combat rising coronavirus cases.

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Real Estate & Mortgage News

12/21/2020 | Posted in GTA Real Estate by Mira Stefanovic
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People ditched their condos, there was an exodus to the suburbs and an uptick in home renovations

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Real Estate & Mortgage News

12/21/2020 | Posted in Canadian Housing Market by Mira Stefanovic
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When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say ... More

Real Estate & Mortgage News

12/21/2020 | Posted in Canadian Housing Market by Mira Stefanovic
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The upward trend in Canadian housing starts continued in November, according to the Canada Mortgage and Housing Corporation.

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Real Estate & Mortgage News
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