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Showing posts from November, 2018

Time to relax mortgage regulations, Canada homebuilders urge

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https://ift.tt/2Q24Hw0 Canada’s homebuilders are urging the federal government to loosen mortgage-lending restrictions that have helped cool housing markets this year. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2P8Ah5X via IFTTT Need a mortgage?: Mortgages Victoria

Demand grows for vacation condos in Whistler, Mont-Tremblant

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https://ift.tt/2RlLUZ8 Pat Kelly, president and owner of Royal LePage Black Tusk, attributed the growth in condo prices to a boon in the tourism sector by buyers looking for short-term income rentals and investment properties. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2FWmhNg via IFTTT Need a mortgage?: Mortgages Victoria

Canadian firm Brookfield in talks to invest in Dubai property developer

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https://ift.tt/2FHjtUn Brookfield Asset Management Inc., one of the world’s largest asset managers, owns very little property in the Middle East. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2Qmn1iZ via IFTTT Need a mortgage?: Mortgages Victoria

Housing lottery with 50:1 odds reveals dark side of Toronto boom

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https://ift.tt/2Bxe3qT Canada took in a record 413,000 people from abroad in the year through July 1, pushing population growth to 1.4 per cent, the fastest in the Group of Seven. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2r3ytSd via IFTTT Need a mortgage?: Mortgages Victoria

This $16.8 million Vancouver mansion is a waterfall of steel and chrome

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https://ift.tt/2zklcJr Helmut Eppich commissioned the steel and glass home, which is set on a hillside in the British Properties neighbourhood of West Vancouver. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2QVgqJe via IFTTT Need a mortgage?: Mortgages Victoria

October home sales down 1.6 per cent compared with September, according to CREA

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https://ift.tt/2qPrQD0 The drop came as the average price for a home sold last month fell 1.5 per cent from October last year to $496,800. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2OFpYWZ via IFTTT Need a mortgage?: Mortgages Victoria

Moving to Toronto suburbs rarely saves cash, housing agency says

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https://ift.tt/2QGrHNA Fleeing Toronto for a cheaper house in the suburbs isn’t worth it for many people who have to commute to jobs back downtown. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2B55686 via IFTTT Need a mortgage?: Mortgages Victoria

Condos alone withstood housing correction, Re/MAX says

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https://ift.tt/2B3WWg5 Condos represent a growing percentage of home sales in the GTA. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2z61W2a via IFTTT Need a mortgage?: Mortgages Victoria

Housing jitters subside in Canada amid rising optimism on prices

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https://ift.tt/2qINpVF Canadians seem to have gotten over their recent housing scare. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2zLUEAu via IFTTT Need a mortgage?: Mortgages Victoria

Annual pace of housing starts picked up in October, topped expectations

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https://ift.tt/2PhlqeG BMO Capital Markets senior economist Sal Guatieri said the housing market continues to stabilize after getting dinged by tougher mortgage rules earlier this year, and remains healthy despite higher interest rates. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2RHhqRb via IFTTT Need a mortgage?: Mortgages Victoria

Vancouver expects $30 million in first year of empty homes tax

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https://ift.tt/2QwSWKw The empty homes tax has already collected a total of $18 million in its first year and will continue to be used to manage Vancouver’s unaffordable housing market. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2Owzvj8 via IFTTT Need a mortgage?: Mortgages Victoria

CMHC forecasts ‘moderation’ in Canadian housing market over next two years

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https://ift.tt/2Dpth3b Housing sales are expected to decline in 2019 which will lead to a more sustainable market. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2F86VVC via IFTTT Need a mortgage?: Mortgages Victoria