News

5 October 2018

Historical home sales information will be provided on a free online basis The Canadian Real Estate Association (CREA) will be posting historical home sales data on its realtor.ca website and provide a free access to it without a password. The change follows a Supreme Court decision...
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4 October 2018

How did B-20 and a new stress test affect Canada’s real estate market? As you know, in 2013, the B-20 rules for residential mortgages were introduced. They were created as a reaction to the financial issues in the U.S., caused by poor mortgage lending system. It’s...
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2 October 2018

How will the new USMCA deal influence Canada’s real estate market? As you know, the Bank of Canada has been raising interest rates recently, and many industry specialists discuss the next hike date. As the NAFTA negotiations led to a new United-States-Mexico-Canada Agreement (USMCA), it’s...
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28 September 2018

RE/MAX says demand for detached houses is rebounding in the GTA As you know, GTA detached home sales have faced strong cooling since the Ontario government implemented the Fair Housing Plan in the spring of 2017. However, the recent data RE/MAX INTEGRA shows the situation...
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27 September 2018

Toronto’s too expensive for you? Ontario can offer much more affordable markets Toronto is well known for its extremely expensive real estate market. An average household income here is only $65,829, while a median housing price is as high as $785,223. That’s why many homeowners...
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