New home sales halved in the GTA last month
October 30th, 2017
Sales of new homes were down 48% in the Greater Toronto Area compared to a year earlier as low- and high- rise sectors saw large declines. High-rise sales fell 37% … [read more]
October 30th, 2017
Sales of new homes were down 48% in the Greater Toronto Area compared to a year earlier as low- and high- rise sectors saw large declines. High-rise sales fell 37% … [read more]
October 30th, 2017
Often, the route to owning your own home can seem like a trip to the moon and back. Really though, it comes down to five key steps: 1 – Manage … [read more]
October 27th, 2017
Approximately 32 per cent of Canadians are in a variable rate mortgage, which with rates effectively declining steadily for the better part of the last ten years has worked well. … [read more]
October 26th, 2017
October 26th, 2017
The Bank of Canada held interest rates steady at 1% and signalled a cautious approach to future rate rises. The bank is forecasting a continued rise in inflation, reaching 2% … [read more]
October 26th, 2017
It has been said that there are two certainties in life; death and taxes. Well, as it relates to your mortgage, the single certainty is that you will pay back … [read more]
October 25th, 2017
By now the media, along with multiple mortgage brokers’ social media feeds, have likely let you know that more changes to your ability to get a mortgage are arriving soon. … [read more]
October 24th, 2017
Vancouver West Side is the priciest neighbourhood in Canada on a price-per-square-foot basis, and the city dominates the top 10. A nationwide study by Century 21 reveals that Vancouver West … [read more]
October 24th, 2017
Although home prices in Toronto and Vancouver seem to have stabilized recently, they are still at historical levels. The average home price in these two major Canadian cities are still … [read more]
October 23rd, 2017
When the new tighter restrictions on mortgage lending come into effect in just over two months they could spark a new trend – longer amortizations. With OSFI’s stress test requiring … [read more]
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