Mortgage rates reached the lowest level in 2 years Canadian interest rates for the most popular mortgage product reached the lowest level in almost two years. Moreover, they can go even lower by the end of this year. Today, you can find a five-year fixed-rate of...

Prices for recreational homes are growing, although sales are going down Poor supply is driving demand for recreational properties in Quebec and Ontario, and in case of Ontario, even the floods couldn’t restrain the trend. “This spring, the market faced an extremely strong demand, as even...

Toronto housing market is becoming more profitable for sellers It looks like Toronto real estate market is entering the sellers’ territory, as home sales in May were up sharply, while supply remained almost unchanged. The recent report by the Toronto Real Estate Board (TREB) says there...

Toronto’s population growth is outpacing all other cities in Canada and the U.S. It seems that a strong demand for Toronto real estate isn’t going down, as the city turns out to be the fastest growing one not only in Canada, but also in the...

New home sales in GTA skyrocketed by 123% in April In April, the Greater Toronto Area saw a 123% annual sales increase of new homes. The Building Industry and Land Development Association (BILD) says that, according to Altus Group, there were 3,853 new homes sold in...