10 Interesting Traits of Condo Investors in Toronto and Vancouver
The Canada Mortgage and Housing Corporation (CMHC) has released the results of its 2014 Condominium Owners Survey (COS), outlining the buyer profile of condo owners and investors in Toronto and Vancouver.42,191 households in Toronto and Vancouver were
Home price growth expected to slow over next 2 years
According to the latest report from Trimart Research Corporation, the supply and demand issue in the new low-rise market continues to bolster home prices. But, Trimart also notes that the Canada Mortgage and Housing Corporation (CMHC) has announced that
How to deal with moving back home
Living at home is no longer taboo. Tuition and transportation are enough to leave a post-grad millennial with depleted funds and a defeated attitude. Paying astronomical rent or mortgage fees on top of these expenses can transform some wallets into
Greater Toronto Area resale housing market remains steady through first quarter of 2019
The Toronto Real Estate Board released its resale housing market results for March 2019, reporting steady sales and prices, though the market remained tight. TREB also continues to blame the mortgage stress test for slower sales.
Inventories High, Housing Starts Low
The Canada Mortgage and Housing Corporation (CMHC) announced that national housing starts were trending at 189,837 units in August 2014, which is practically unchanged from July’s 189,596 starts.The trending figure is a six-month moving average of
Ontario was the only area of Canada to see an increase in housing starts
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for October 2016, announcing that the trend “held steady” across Canada. The national trend measure for housing starts in October was 199,920 units, compared to 199,262
Is your income at risk? Your home doesn’t have to be
When life delivers an unexpected blow – like a serious illness, a marital separation or loss of employment – it can be difficult to stay on track. Sometimes, it can even put your ability to make your mortgage payments at serious risk.This scenario
5 Canadian housing markets at risk
The Canada Mortgage and Housing Corporation (CMHC) released its quarterly Housing Market Assessment (HMA), announcing overall problematic conditions, despite a few housing markets making an improvement in the last three months. “While the overall
Housing starts in Toronto are slowing down but remain stable
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for September 2016, announcing that every region of Canada experienced an upward trend except for Ontario.The trend measure for last month’s national housing starts
Now’s the time to remember why Toronto is so special
These are strange days. Particularly in the wake of the savage attack in Quebec City and two shootings in 24 hours downtown, it’s hard to sit here and pretend that real estate matters, or mortgage rates matter. At the end of the day, it’s only people who
