The new City of Toronto legislation restricting Airbnb apartments could spell bad news condo investors
The fall was observed amid a growing pool of homes for sale
The Bank of Canada is conceding its decision to keep the benchmark overnight rate at 1 per cent Tuesday will likely increase average household debt.
Canadian investors focused on Florida and other warm-weather markets in the States may want to put on winter coats and head north to Kansas City.
While low interest rates have kept property buyers active in Canada this winter, prices have settled back to be only slightly higher than a year ago, according to a Canadian Real Estate Association report.
The new five-year hold may be more like seven, eight or ten, with stagnant real estate prices in key markets encouraging investors to hold properties longer than the standard half-decade, say Realtor-specialists.
BMO may be positioning itself at the forefront of any movement to do away with the 30-year amortization, presenting a limited-time offer on the industry’s lowest five-year fixed rate – but one specifically capped at 25 years.
Et tu, Board of Trade?
There seems little doubt in the minds of real estate investors: Toronto should repeal its land-transfer tax – no ifs, ands or buts ... or talk of a $700 million deficit.
Royal LePage is pooh-poohing predictions for a correction in Canadian home prices, suggesting all signs point to a near-3 per cent rise in the national average by the close of 2012.
U.S. home values continued a slight decline in November, down 0.1% from a month earlier and down 4.6% from a year earlier, according to Zillow.
Searching MLS listings in the GTA just got a whole lot easier, with TheRedPin.com becoming the first to add that comprehensive information -- once reserved for Realtor eyes -- to its exhaustive database of new and pre-construction condo listings.
Connect Asset Management Challenges the Financial Community to Invest in Downtown Toronto Real Estate for a Good Cause
The event will also feature a panel of industry experts and a presentation on the state of the Hamilton-Burlington housing market
Blue Pearl Mortgage Group Inc. is expanding its footprint once again, this time with services in Ontario