TREB Reports Broken Home Price Record in August GREATER TORONTO – In a month where the number of available listings in Toronto was scarce – even compared to the previous month’s below-average total…
Market Update: CMHC Introduces Tighter Mortgage Lending Limits for August 2013 TORONTO – For the fourth time in five years, Canadian banks’ leashes have been pulled a little bit tighter when it comes to mortgage financing….
2013 Yields Strong Spring for Construction in Toronto GTA REAL ESTATE – Toronto experienced “significant gains in construction intentions” this May, according to Statistics Canada. The government agency’s July 8 report, entitled Building…
CMHC Predicts “Modest Growth” for Ontario Housing Market in 2014 GTA REAL ESTATE MARKET – The Canadian Mortgage and Housing Cooperation (CMHC)’s Housing Market Outlook for the first quarter of 2013 featured some predictions for…
Canadian Home Sellers Refusing to Lower Prices: Financial Post Garry Marr’s recent Financial Post piece entitled “Are stubborn sellers killing the real estate crash?” raises a great question about the current housing market not…