Real Estate News & Articles

5/17/2021 | Posted in Toronto Real Estate by Sam & Nancy Cuda
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First-time homebuyers are getting more anxious about the market. ... More

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5/17/2021 | Posted in Canadian Housing Market by Sam & Nancy Cuda
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The trend in housing starts was 279,055 units in April 2021, up from 272,164 units in March 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More

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5/14/2021 | Posted in Home Buyers by Sam & Nancy Cuda
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An NDP government would implement a 20% levy on home purchases made by non-residents. ... More

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5/12/2021 | Posted in Home Buyers by Sam & Nancy Cuda
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Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

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5/10/2021 | Posted in Commercial Real Estate by Sam & Nancy Cuda
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The head of one of Canada’s major office landlords said pandemic restrictions have made finding new tenants a big challenge. ... More

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5/8/2021 | Posted in Canadian Housing Market Predictions by Sam & Nancy Cuda
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Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity to ... More

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5/6/2021 | Posted in Home Buyers by Sam & Nancy Cuda
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Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold. ... More

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5/5/2021 | Posted in GTA Real Estate by Sam & Nancy Cuda
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Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. ... More

Real Estate & Mortgage News

5/4/2021 | Posted in Toronto Real Estate by Sam & Nancy Cuda
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Toronto’s downtown condominium segment is staging a comeback with sales nearing pre-pandemic levels. ... More

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5/4/2021 | Posted in First Time Home Buyers by Sam & Nancy Cuda
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Long-awaited tweaks to the government’s First-Time Home Buyer Incentive came into effect on Monday. ... More

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5/4/2021 | Posted in Ontario Real Estate by Sam & Nancy Cuda
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If you thought Canadian residential detached and semi-detached prices were out of control, take a look at Ontario’s cottage country. ... More

Real Estate & Mortgage News

5/4/2021 | Posted in Commercial Real Estate by Sam & Nancy Cuda
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Growing e-commerce sales, coupled with the need for greater inventory space, continue to stimulate the industrial property market in the Greater Toronto Area, according to Avison ... More

Real Estate & Mortgage News

5/4/2021 | Posted in Home Buyers by Sam & Nancy Cuda
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Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate purchasers ... More

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5/3/2021 | Posted in Condo Market by Sam & Nancy Cuda
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Toronto had 125 cranes actively working on multiresidential towers in March, according to the RLB Crane Index, dwarfing the total of any other North American city. ... More

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5/1/2021 | Posted in Mortgage Advice by Sam & Nancy Cuda
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Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. ... More

Real Estate & Mortgage News

5/1/2021 | Posted in Canadian Housing Market by Sam & Nancy Cuda
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TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year. ... More

Real Estate & Mortgage News

4/30/2021 | Posted in Home Buyers by Sam & Nancy Cuda
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Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging ... More

Real Estate & Mortgage News

4/27/2021 | Posted in First Time Home Buyers by Sam & Nancy Cuda
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Effective May 3, 2021, the Federal Government will be expanding the First Time Home Buyer Incentive program to enhance eligibility in Toronto, Vancouver and Victoria Census ... More

Real Estate & Mortgage News

4/27/2021 | Posted in Home Owners by Sam & Nancy Cuda
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If you’re like most Canadians, you’re more likely to tackle a home renovation than sell your current house and buy another or purchase an investment property. ... More

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4/26/2021 | Posted in Commercial Real Estate by Sam & Nancy Cuda
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Toronto, Vancouver and Waterloo, Ont., had lowest 1st-quarter availability rates for industrial real estate ... More

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4/24/2021 | Posted in Canadian Housing Market by Sam & Nancy Cuda
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Louis Vachon says further analysis needed to understand if housing market trends are permanent ... More

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4/23/2021 | Posted in Canadian Economy and Housing Market by Sam & Nancy Cuda
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Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps governments ... More

Real Estate & Mortgage News

4/23/2021 | Posted in Toronto Real Estate by Sam & Nancy Cuda
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Toronto’s condo market, battered by a pandemic that sent city residents looking for more space, is bouncing back. ... More

Real Estate & Mortgage News

4/23/2021 | Posted in First Time Home Buyers by Sam & Nancy Cuda
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The mass urban exodus that has been observed in Toronto and across Canada throughout the pandemic doesn't appear to be slowing down anytime soon, and a new survey confirms ... More

Real Estate & Mortgage News

4/22/2021 | Posted in Home Sellers by Sam & Nancy Cuda
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Home prices in many Canadian markets have climbed to records during the pandemic, but it seems the majority of homeowners are planning to stay the course, and haven’t yet ... More

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4/22/2021 | Posted in Interest Rates by Sam & Nancy Cuda
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Bank of Canada announced that it will hold its target for the overnight rate at the effective lower bound of 0.25%, and that it will be adjusting its weekly net purchases of ... More

Real Estate & Mortgage News

4/22/2021 | Posted in Commercial Real Estate by Sam & Nancy Cuda
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Greater Toronto Area (GTA) commercial real estate investment hit a record $6.07 billion in the first quarter, surpassing the previous Q1 record of $5.77 billion set in 2018. ... More

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