News

  • Analysts: T.O. condo investors safe by Vernon Clement Jones

    Toronto condo investors won’t likely face the value free fall many fear as a result of tighter mortgage rules, says a leading developer, predicting instead a gradual decline in prices, if one at all.

  • Poll: New rules sideline 15% of homebuyers by Vernon Clement Jones

    Nearly 15 per cent of prospective homebuyers say the latest rule changes -- in effect starting today -- make it less likely they will buy a new home in the next five years, according to a Bank of Montreal poll.

  • Last hurrah for residential building permits? by Caitlin Nobes

    May building permits hit the highest levels since 2007, with $7 billion worth of permits issued -- up 7.4% from April and likely the last hurrah for residential building permits entering a cooling market.

  • Competition commish raises Realtor eyebrows by Caitlin Nobes

    Competition Commissioner Melanie Aitken announced today that she will resign on September 21 -- halfway through that contentious hearing between the bureau and the Toronto Real Estate Board, set for earlier that month.

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