Foreign buyers behind only 5 per cent of Toronto home purchases in 2016 The Toronto Real Estate Board is warning against a Vancouver-style tax on offshore home purchasers. More than half of those foreign buyers were purchasing homes for themselves or to house family members, according to a November Ipsos survey of TREB agents. Don’t...... Read More
Toronto housing sales up 12 per cent year-over-year in January: TREB report Prices continue to rise despite sharp drop in new listings. Average selling price now more than $770,000. By David Hodges, The Canadian Press Posted: Feb 03, 2017 8:08 AM ET Last Updated: Feb 03, 2017 9:40 AM ET Houses are still selling quickly in...... Read More
Real estate agent vs mortgage broker by CRE28 A common question we constantly get asked is, what’s the difference between a real estate agent and a mortgage broker and what do they do? For new investors or first time property buyers who are new to the game, this is a very valid question to ask....... Read More
By Sam Reiss | on January 24, 2017 | The Canada Mortgage and Housing Corporation (CMHC) says in its latest Housing Market Insight (HMI) report that they detect “moderate or elevated evidence of overvaluation” in Hamilton and communities (barely) within commuting distance of the GTA. They suggest price appreciation in those areas is driven by...... Read More
Real estate trends 2017: Will Toronto prices catch up to Vancouver’s? By Tania Kohut National Online Journalist, Breaking News Global News <img class=”story-img” src=”https://shawglobalnews.files.wordpress.com/2016/11/cpt117372275_high3.jpg?quality=70&strip=all&w=282&h=188&crop=1″ alt=”It'll be a year of ups and downs for real estate in Canada, Royal LePage predicts.” />; . A new real estate forecast for Canada predicts ups and downs ahead in...... Read More
GTA real estate forecast sees prices rise in 2017 Breaking News – Headlines & Top Stories | The Star thestar.com is Canada’s largest online news site. Live news, investigations, politics, sports and the heartbeat of Toronto, Canada’s largest city. Move-up buyers searching for detached houses are expected to continue driving the market in 2017, says...... Read More