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Category: Industry Trends (15 posts)

  • December 19, 2016 @ 12:38 PM
  • Posted by Evgeny Kamenskiy

Fixed-Rate Borrowers Will Feel Considerable Pain

A larger proportion of Canadians hold fixed-rate mortgages, which will prove to be a major headache for them come renewal time as they might be asked to pay at a higher rate.  This is because t

  • November 19, 2016 @ 1:27 PM
  • Posted by Evgeny Kamenskiy

Do not Panic! Toronto Housing Market Will Not Slow Down

  Let's see what real estate and bank industry professionals say about the current real estate market. Speaking to CP24, Toronto Real Estate Board president Larry Cerqua noted that consumers sh

  • November 17, 2016 @ 9:53 AM
  • Posted by Evgeny Kamenskiy

Study Shows Foreign Buyers Make Up Only 5 Per Cent Of The Sales Of New Condo Units In Toronto!

Concerns about foreign investors snapping up real estate have dominated headlines recently, but a new report suggests domestic investors outnumber foreign buyers in the Greater Toronto Area's new co

  • November 10, 2016 @ 9:25 PM
  • Posted by Evgeny Kamenskiy

Mortgage Rule Changes Boost Need For Brokers

In light of the federal government's recent changes to mortgage insurance and qualifications, it is now more important than ever for Canadian homebuyers to use the services of a mortgage broker and

  • November 3, 2016 @ 5:10 PM
  • Posted by Evgeny Kamenskiy

Should You Stress About New Mortgage Stress Test Rules?

This is what you should know about new mortgage rules. On October 3rd, Finance Minister Bill Morneau announced that new mortgage rules will include more stringent “stress testing” for b

  • October 25, 2016 @ 3:54 PM
  • Posted by Evgeny Kamenskiy

8 Potential Negative Effects Of New Mortgage Rules

A substantial share of home buyers who would previously have been qualified using their actual mortgage interest rates will now be tested using the posted rate 4.64%. Typically, their calculated GDS

  • September 27, 2016 @ 10:38 AM
  • Posted by Evgeny Kamenskiy

Going It Alone? The Pitfalls Of Selling Your Home Without A Real Estate Agent

Legal fees, disbursements, discharging the current mortgage, capital gains taxes… selling a home often comes with an abundance of seemingly never-ending costs that can send your stress levels

  • April 6, 2016 @ 11:56 AM
  • Posted by Evgeny Kamenskiy

The Secrets of the Canadian Real Estate Bubble

Ever since I moved to Canada, I have always been thinking about how reasonable the prices in the real estate market really are. Why do some properties seem to be overpriced?   For the last thre

  • September 23, 2015 @ 1:23 PM
  • Posted by Evgeny Kamenskiy

Five Things to Remember in GTA Bidding Wars

  It is becoming harder to avoid a bidding war in today’s real estate market. For buyers, be prepared and for sellers, try and ensure that the bidding war process is done in good faith.

  • September 9, 2015 @ 10:52 AM
  • Posted by Evgeny Kamenskiy

Bank of Canada holds rate steady

  Bank of Canada held its trendsetting interest rate at 0.5 per cent on Wednesday amid a spate of improving economic news. Looking at the rate of inflation, the impact of lower oil prices on

  • August 21, 2015 @ 9:35 PM
  • Posted by Evgeny Kamenskiy

Top 10 Ontario Investment Towns

   Although this continues to be a time of economic turbulence and confusion for many of Ontario’s 13 million inhabitants, the housing market has continued to perform counter to the s

  • August 16, 2015 @ 1:24 AM
  • Posted by Evgeny Kamenskiy

A Profile of Home Buying in Canada

                  Significant Statistics (From January 2013 to May 2015)       

  • August 15, 2015 @ 7:04 PM
  • Posted by Evgeny Kamenskiy

Housing Market Outlook 2015

Here’s one of the best places to get historical appreciation rates for the year, trends and predictions of the next year’s appreciation for residential real estate. This is a free resour

  • August 11, 2015 @ 10:06 PM
  • Posted by Evgeny Kamenskiy

Interest rates are going to go crazy soon?

  Canadian economy is not as strong as many of us had assumed. Last month’s lowering of the interest rate by the Bank of Canada will have a ripple effect for many. The financial news th

  • September 30, 2014 @ 7:24 PM
  • Posted by

Housing Statistics and Data

  CMHC annual reports and monthly updates contain current and historical data on housing in Canada — new construction, new home prices and sales, rental statistics and the demographics o