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Toronto Real Estate Market and COVID-19
TORONTO, ONTARIO, April 3, 2020 – Toronto Regional Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,012 home sales through TRREB’s MLS® System in March 2020 – up by 12.3 per cent compared to 7,132 sales reported in March 2019. The Effect of COVID-19 However, despite a strong increase in…
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Real Estate 2017 – what to expect – PODCAST
Real Estate 2017 This article contains a podcast which takes a look at real estate 2017 in Mississauga and surroundings. There is a review of sales activity and prices in 2016, plus a look forward to what to expect in 2017. Update: the Toronto Real Estate Board reported 5,188 residential transactions through the MLS system…
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Mortgage Rule Changes Canada
MORTGAGE RULE CHANGES for CANADA Important mortgage rule changes for Canada took effect on October 17, 2016. These government mandated changes make it harder for buyers who have less than 20% down payment to qualify. Some of the changes include: only apply to buyers with less than 20% per cent down only applies to purchases…
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Home Construction in Canada Booms
Canadian New Home Construction August 2016 New home construction activity in Canada continues to be one of the healthiest components of the national economy. Housing starts have defied predictions of a soft landing, and national housing starts throughout the first seven months of the year have trended around 200,000 annual units (chart 1). The trend in…