by admin | Feb 20, 2020 | Market News
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...
by admin | Jan 25, 2020 | Market News
The Bank of Canada announced this week that it would leave its mortgage market-influencing key interest rate unchanged again. This development ? or lack thereof ? did not come as a surprise to economists who pay close attention to the central bank?s moves. It was,...
by admin | Jan 16, 2020 | Market News
It was a busy December in housing markets across the country, suggesting that when compared to last year, not as many house hunters stayed home for the holidays. They bought them instead. While the nearly 23 percent increase in total Canadian home sales as reported by...
by admin | Jan 9, 2020 | Market News
It?s become the conventional wisdom passed on to all first-time homebuyers looking to buy in the expensive Toronto housing market: Condos are the new starter homes. While that may still largely ring true, Toronto condos? affordable image took a hit in 2019 and the...
by admin | Dec 20, 2019 | Market News
We already know Canadian mortgage rates are expected to stay low through 2020, barring any surprise economic shocks. After leaving it steady through 2019, the Bank of Canada has already signalled that a hike to its mortgage-market influencing overnight rate is...
