Canadian interest rate cuts expected in March and April: Oxford

Canadian interest rate cuts expected in March and April: Oxford

Market experts had been widely anticipating Canada?s central bank to cut its mortgage-market influencing overnight rate at some point in the first half of 2020. Now, with mounting fears over an uncontainable coronavirus outbreak rattling Canada?s economy and sending...
Homebuyer demand is spiking in Toronto but supply isn?t keeping up

Homebuyer demand is spiking in Toronto but supply isn?t keeping up

A surge in homebuyer demand that started in the first half of 2019 has continued into the new year, with Toronto?s real estate board now predicting that sales will jump over 10 percent annually in 2020. The market strength will be welcome news for many, but the strong...
Toronto home prices look ready to skyrocket again: RBC

Toronto home prices look ready to skyrocket again: RBC

Call it a case of d?j? vu? Early-2020 looks an awful lot like early-2016 for the Toronto housing market and RBC Senior Economist Robert Hogue believes it ?is not a good sign.? Housing Market News AlertsSign up now for news alerts on the Canadian housing market....
RBC: Toronto market is heating up like early 2016

RBC: Toronto market is heating up like early 2016

The housing market in Toronto is starting to look a lot like it did in early 2016 warns a new report. RBC Economics says that the market is showing signs of overheating with lower inventories, rising prices, and a sales-to-listings ratio of 0.7 which suggests sharper...
Late surge for new GTA condo sales in 2019 takes bronze medal

Late surge for new GTA condo sales in 2019 takes bronze medal

Sales of new?condos in the Greater Toronto Area?were up 27% year-over-year in 2019 thanks to a surge in the last few months. New data from Urbanation shows that 25,097 units were sold last year, marking the third highest level on record. Housing Market News AlertsSign...

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