3 ways to improve the mortgage stress test
At the end of 2018, I wrote about the idea of reducing or repealing the mortgage stress test. Now I want to suggest some possible amendments that would make the stress test more fair now that interest rates are rising and home prices are still high.
2019 will be another challenging year for first-time buyers
You thought first-time buyers had it tough in 2018 - it’s looking like 2019 may be even harder on singles and couples looking to step onto the homeownership ladder.
See how many condos in the Greater Toronto Area sold for more than $1 million last year
It looks like we’re in for another year of strong activity in the high-end condo market. Sotheby’s International Realty Canada released its Top-Tier Real Estate Report today, predicting sellers’ market conditions in the condo market.
Luxury real estate market resilient despite government intervention
Sotheby’s International Realty Canada just released its Top-Tier Real Estate Report, a bi-annual study reporting on $1 million+ home sales activity in Vancouver, Calgary, Montreal, and the Greater Toronto Area.
Futuristic condo amenities that are possible right now (and a couple that aren’t)
Condo amenities of the future. Here are a few ideas that seem possible given the rapidly increasing prevalence of the Internet of Things, robotics, artificial intelligence, and virtual reality.
This real estate analyst says there will only be one rate increase this year
We chatted with Ben Myers, President of Bullpen Research & Consulting Inc., to learn more about what’s in the cards for 2019. We touch on rising rates, the stress test, the rental market, soaring home prices, and more.
The smart home technology that will become more prevalent in 2019
We’re not a tech hub where you’ll find the latest products, but in the spirit of the new year, we want to explore some of the smart home technology you may see more of in the coming months.
Real estate forecast: What to expect in 2019
It’s a brand new year which, for many, signals a fresh start. Can the same be true for the Canadian real estate market, following the last tumultuous 12 months?
These New Year’s resolutions may help you buy a new home
Have you made any New Year’s resolutions yet? A big one for many people is to buy a new home (or buy their first home). It’s easier said than done, especially in select markets across the Greater Toronto Area.
It’s time to start speculating about the 2019 real estate market
Last year was a time of market cooling with rising interest rates and new government regulations. It was a rocky year. Sales weren’t that strong, supply didn’t exactly skyrocket, and prices remained high. What does 2019 hold for the real estate market?