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Home sales are down 69% — is this a once-in-a-decade chance to get into Toronto’s housing market?

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https://ift.tt/2TfOJhF The Star asked six experts if post-pandemic conditions will be first-time-buyer friendly, and whether a recovery will quickly shut down those opportunities. Here’s what they had to say. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/3g0hRTM via IFTTT Need a mortgage?: Mortgages Victoria
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Toronto region home sales suddenly tumble by 69%

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https://ift.tt/34Wa4Ba Toronto real estate board revises 2020 forecast as pandemic lockdown hits house sales and prices dip. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/3eN72nB via IFTTT Need a mortgage?: Mortgages Victoria
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Rental relief could come for tenants once city is on the other side of COVID-19

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https://ift.tt/2VDOZY8 Downward pressure on prices and new supply could offer tenants more choice, says market research firm. But Toronto remains the country’s most expensive market, a rental website says. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2VAuRGo via IFTTT Need a mortgage?: Mortgages Victoria
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Royal LePage predicts flattening of Toronto home prices

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https://ift.tt/34DtkDf Even if business is back up and running by the end of June, the best case scenario is a 1.5% lift in home prices this year, says the company. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2xtJm6I via IFTTT Need a mortgage?: Mortgages Victoria
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Borrowing to buy a house? Mortgage rates to fall following Bank of Canada rate cut

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https://ift.tt/2PQg884 Holders of variable mortgage rates will see a monthly rate drop of half a per cent for interest cost savings of about $500 a year for every $100,000 of mortgage from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/3ayFJdo via IFTTT Need a mortgage?: Mortgages Victoria
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As foreign buyers return, luxury condo prices are set to surge in Toronto

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https://ift.tt/2vhmoOZ Royal LePage report predicts luxury condo prices will rise between 10 and 15 per cent over the next 12 months, while high-end house prices will just by 2.5 to 6 per cent. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/2wGy12h via IFTTT Need a mortgage?: Mortgages Victoria
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High-end home tax will force out Toronto talent, warns real estate CEO

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https://ift.tt/2NoWE99 New taxes in council budget deliberations would make city less attractive to international talent, says the head of Sotheby’s Canada. from Toronto Star | BUSINESS | REAL_ESTATE https://ift.tt/36XolxJ via IFTTT Need a mortgage?: Mortgages Victoria
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