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Recent Posts
- Toronto home sales expected to slip, but average prices forecast to climb
- RBC, TD, CIBC hike mortgage rates ahead of Bank of Canada rate decision
- OSFI finalizes new mortgage rules, including stress test for even uninsured borrowers
- Ontario’s Fair Housing Plan
- Toronto and Hamilton are the hottest housing markets in Canada
Blog Archives
Toronto and Hamilton are the hottest housing markets in Canada
From Blogto.com Toronto’s real estate market can be a pretty scary place. Prices continue to rise, making home ownership a pipe dream for many of those who live in the city. The same holds true for Hamilton, which has witnessed tremendous growth. The Globe and Mail reports today that according to the Teranet-National Bank …
+ read moreToronto-Dominion Bank raising rates, variable rate mortgage customers to face increased costs
One of the country’s largest banks has moved a key prime rate up 15 basis points for variable-rate mortgage customers, a change that will affect some Canadians with floating rate products. Toronto-Dominion Bank began quietly telling the lending industry on Monday that its prime lending rate was going to jump from 2.7 per cent …
+ read moreWhy Toronto home prices won’t fall as rapidly as Vancouver’s
If the latest forecast from National Bank comes to pass, it would mark a serious change of pace for residential real estate in two of Canada’s major markets. The bank, Canada’s sixth largest, is calling for home price declines in both Toronto and Vancouver next year. National Bank expects Vancouver home prices to tumble …
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