Category Archives: Real Estate News

CMHC sees stability in housing market

Canada’s hot housing market is due for a soft landing that stabilizes prices, sales and new construction over the next two years, the Canada Mortgage and Housing Corp. said Monday. The national housing agency’s first-quarter 2012 report appears to underplay … Continue reading

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House prices dip, but no crash in sight

Toronto house sales are slowing, but economists are not predicting a crash in the real-estate market. The latest statistics from the Canadian Real Estate Association, released Monday, show that Toronto house prices dipped about 2.4 per cent in December over … Continue reading

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10 Things To Keep In Mind When Buying A House

Buying a home is a trying and complicated process. It often strains relationships and puts an enormous amount of stress on buyers physically, mentally and financially. That’s why the folks at the Boston Globe have put together this list of … Continue reading

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Canadian real estate in the “middle of the pack” globally

Canada’s housing market is maintaining a strong presence and in the 13th year of a housing boom, average prices for homes in many Canadian cities continue to rise, according to a new report on global real estate trends. The report … Continue reading

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Toronto real estate market favours sellers

Canadian housing numbers released Thursday suggest that the market is getting tight and inching closer to a sellers’ market as sales and prices jumped again in November. Figures released by The Canadian Real Estate Association (CREA) shows that sales activity … Continue reading

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Boomers plan to retire mortgage-free but many are cutting it close

Nearly four-in-ten (39%) boomers who plan to retire in the next three years still have a mortgage on their home, yet two-thirds of boomers expect to retire mortgage-free (65%). According to the TD Canada Trust Boomer Buyers Report, many boomers … Continue reading

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Conditions Improve for Toronto Home Buyers

Since June of this year Toronto’s real estate market slowly started to move away from being a strong sellers market to one that is becoming a bit more balanced. But only recently have I started to see the effects of … Continue reading

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Toronto’s iconic Flatiron is up for for sale

  The triangular five-storey red-brick building, with a trompe l’oeil mural on the side, went on the market Tuesday, with formal bids due on Oct. 27 to Brookfield Financial Real Estate Group, which is overseeing the sale. “It’s the ideal … Continue reading

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Home prices can’t keep increasing, despite low interest rate environment

  Canadian home prices spiked unexpectedly by as much as 7.8 per cent in the most recent quarter, but such dramatic increases aren’t likely to last, according to a housing report released Wednesday. The Royal LePage House Price Survey warned … Continue reading

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Canadian housing market will balance in 2012

Low mortgage rates and low unemployment and immigration will continue to push some demand, but it will be tempered by high house prices, elevated debt, and slowing employment. via Canadian housing market will balance in 2012: BMO.

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