Alternative mortgage lenders get boost from Canada’s resilient housing market Shares in three of Canada’s biggest alternative mortgage lenders look set to rise over the next year due to the ongoing resiliency of the country’s housing market. “Alt-A lenders should continue to see enviable growth,” said Shubha Khan, an analyst at National Bank Financial. “We believe […]
Toronto condo sales decline 8%
CBC.ca The number of new condominiums sold in Toronto dropped by eight per cent in the third quarter, the smallest decline of the year but still on track to see the city sell less than half the number of new condosas were sold in 2011. Read More This is a boring news … Now, let’s have a real exciting one […]
Toronto Condo Market Toasted ?
Amid condo glut, Toronto developers luring buyers with fat discounts Real Estate Make the Right Choices Toronto condo developers are ramping up efforts to attract buyers, offering their biggest incentives yet amid a market glut. Inventory levels are creeping up in Canada’s most populous city, and a large number of new towers are still projected […]
Real estate sales up slightly in October
Ottawa’s real estate continued to hold strong in October, which marked the third straight month of marginal sales increases. No idea what happens to the rest yet but you know what … Real estate statistics are under scrutiny. Real Estate Make the Right Choices Hot Real Estate Market – Choose Smart TORONTO – Real Estate […]
Bank of Mom & Dad and Developers are master of the universe
GTA housing buoyed by parents helping young buyers ‘Gift letters’ have become a common form of currency as young buyers struggle to save down payments Helping out the kids with a home purchase is not new. But the amounts being signed over have reached staggering heights in the GTA, say mortgage industry observers. CANADIAN PRESS […]
Wealthy Chinese gobbling up Silicon Valley homes
Silicon Valley is booming, and the Chinese are starting to cash in on the region’s housing craze. With tech stocks surging and IPOs sprouting up left and right, the area is in the midst of a real estate bonanza that’s attracting a wave of buyers from China. The average price of a home in Silicon Valley has […]