A monthly rent almost reached the price of one square foot in a new Toronto condo The recent report by Urbanation says the average price of a pre-sale unit in the GTA went up to $1,000 per square foot for the first time on...

Canada’s real estate market vulnerability level went down Following more than 2 years of warnings about the national real estate market, the Canada Mortgage and Housing Corporation reported the decline of the overall level of vulnerability from high to moderate during the previous six months. It’s...

U.S. cuts interest rates. Will Canada follow the example? On Wednesday, the U.S. central bank cut its benchmark interest rate, marking the first decline in more than 10 years and trying to provide the necessary support to the national economy. The drop by 0.25% to...

Ontario real estate market remains balanced Genworth Canada, biggest private mortgage insurer is out with its monthly housing market update. According to this report market in all GTA municipalities remains in Sellers or Balanced territory. Annual home sales outpaced the last year’s results in the Greater...

Volume of loans secured by housing keeps growing According to the recent report by the Office of the Superintendent of Financial Institutions (OSFI), the national balance of loans secured by residential housing rose to a record high mark of $301.18 billion in May. Although a monthly...