Toronto new home sales rebounding but not matching 2012 Sales of new homes in the Toronto housing market appear to be rebounding but activity in the country’s largest market has a long way to go to match 2012 levels.RealNet Canada Inc.. said there were 2,356 sales across the Greater Toronto area in September, a 4.4% increase from a […]
Making Sense of Toronto’s Increase in Real Estate Sales
Toronto’s real estate market has seen a significant spike in sales over the past three months. Resale home sales in the GTA were up 13% in July, 18% in August and 26% in September. Many of our clients have been asking us what’s driving this increase in sales and more importantly does this increase […]
Mortgage Rates Rise ? No Problem, Real Estate Sales Remain Resilient
Fitch: Canadian Mortgage Banking Results Resilient as Rates Rise What rate hike ? (The following statement was released by the rating agency) CHICAGO, October 01 (Fitch) Canada’s largest banks have yet to report a significant slowdown in mortgage activity, as rising interest rates have failed to quell housing demand and home prices have continued to […]