Tag Archives: real estate market news

Greater Toronto Area Real Estate Market Outlook for 2014

Canadian homebuyers remain undaunted in 2013, as housing sales and average price approach five-year high Greater Toronto Area Real Estate markets poised for further growth in 2014 Canadian consumers remained remarkably steadfast in their determination to achieve homeownership in 2013, … Continue reading

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Move-up purchasers set to increase their stake in homeownership in 2013, despite overall trend toward moderation, says RE/MAX

Against a backdrop of strong equity gains and lower interest rates, move-up buyers are once again set to ramp up their role in major Canadian housing markets. That’s the key finding of the RE/MAX Move-Up Buyers Report 2013, which examined … Continue reading

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2013 Canadian Housing Market Outlook – By Remax Ontario

Mississauga, ON – Canadian real estate markets demonstrated remarkable resilience in 2012— with home sales up or on par in 65 per cent of major centers—despite considerable headwinds in terms of tighter financing and economic uncertainty abroad. The trend is … Continue reading

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How will New Mortgage Rules Effect GTA Home Sales?

By now, most of you must be aware of new mortgage rules in effect starting July 9th 2012. If you are not aware of these rules…..please review my June blog on the subject. In Nutshell, how these rules will effect … Continue reading

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Effective July 9th 2012 CMHC to reduce the amortization to 25Yrs from 30Yrs

Finance Minister Jim Flaherty outlined new rules aimed at reining in a hot housing market to make it harder for people with limited means to buy homes or borrow on ones they already have. Flaherty outlined a series of changes … Continue reading

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Home Prices in USA will effect Housing Market in Canada

RE/MAX CEO Margaret Kelly appeared on CNBC’s Street Signs on March 14, 2012 to discuss the RE/MAX National Housing Report, which found that for the first time in 18 months, home prices rose year-over-year in February. This is first time … Continue reading

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