CMHC market forecast for Great Toronto and Vancouver real estate According to the Canada Mortgage and Housing Corporation (CMHC), the GTA market will be quite balanced in 2020 with home sales showing a slight decline caused by growing interest rates. “As sales are expected to fall...

Poloz says it’s time to reduce the stimulus for the world economy According to the Bank of Canada governor, after 10 years of low-interest rates, the global economy has finally reached a stable position, and it’s time to withdraw stimulus. Stephen Poloz's comments followed the central...

Toronto real estate prices are rising again – this time pushed by condos Last month, we’ve seen the housing market in Toronto showing more signs of stability with prices for condos and semi-detached homes growing even despite almost no changes in sales. According to the Toronto...

Prices for new condos in the GTA rose by 11% Condo prices in the Greater Toronto Area keep growing even despite higher market supply. The average cost of a sold condo rose by 11% annually and reached $745 per square foot in the third quarter. In...

Why do Canadians choose living inheritances so often? Today, more Canadians decide to share their wealth with relatives while they are still alive in order to provide financial help in buying homes and paying off the debts. According to experts, such “living inheritances” (money given to...