Canadian Mortgage Blog

https://ift.tt/2LrQAeb The average price of a new condo was up 11.9 per cent, though sales totals were down year over year. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2QDXORX via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2zZihGD Central One Credit Union, which provides services to more than 300 credit unions across Canada, says in its housing forecast for 2018 to 2021 that B.C. experienced a “mild provincial housing recession” this year. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2S95Lvg via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2QDoZMP A new CREA report says the price increase in the Hamilton-Burlington market — with the average home costing $581,900 — is the fourth highest in Canada. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2SScJod via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2UF61DL The housing agency says the debt-to-income (DTI) ratio for those living in Vancouver climbed to 242 per cent in the second quarter, which ended June 30. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2PDxrGm via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2QwoILL But hotel owner Streetcar Development says a new management company will give it time to develop the property’s local character. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2GdHjHA via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2C7fi02 The era of bidding wars may be winding down in some of the most-competitive U.S. housing markets. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2RVQoGm via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2C8v1Mk The federal housing agency says fewer Canadians opened new mortgages in the three-month period ending June 30, even though the total number of active mortgages and the value of those mortgages rose during the same quarter compared with a year ago. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2QqlZmO via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2C4YNSs Realtors expect the recovery of recent months to continue in the Toronto region. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2BbC2uo via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2EbTamR The GTHA could be short 165,600 homes by 2041. Building more won’t be enough. A new study says what is needed is more homes in the “missing middle” category — lowrise apartments and townhomes, which would encourage seniors to downsize. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2Lbw9lg via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2BUo15P The Toronto Real Estate Board has reported a 14.7 per cent decline in listings last month compared to November 2018. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2SyEvpR via IFTTT Need a mortgage?: Mortgages Victoria

https://ift.tt/2KUmxLU The benchmark price for detached homes is just over $1.5 million, while the average price of an apartment is $667,800, a 2.3 per cent price decrease from November 2017. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2AOFRpc via IFTTT Need a mortgage?: Mortgages Victoria