Real Estate News & Articles

12/3/2020 | Posted in GTA Real Estate by Ron Hyde
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The record pace of home sales in the fall continued with 8,766 sales reported in November by Greater Toronto Area REALTORS® through the Toronto Regional Real Estate ... More

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12/3/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Canada's pandemic-weary economy is poised to "take off like a rocket" in the latter part of 2021, says CIBC World Markets deputy chief economist Benjamin Tal. His ... More

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12/1/2020 | Posted in Commercial Real Estate by Ron Hyde
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No matter when it ends, the effects of the COVID-19 pandemic on commercial real estate will be far-reaching and long lasting, according to a group of industry professionals ... More

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12/1/2020 | Posted in First Time Home Buyers by Ron Hyde
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The federal government just released the Fall Economic Statement, announcing changes to the First-Time Home Buyer Incentive for prospective homeowners in some of Canada’s ... More

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11/30/2020 | Posted in Financial Health by Ron Hyde
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The debt carried by Canadian households has hit the $2 trillion mark for the first time, driven up by rapidly rising mortgage balances, credit rating agency Equifax said in a ... More

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11/30/2020 | Posted in Recreational Properties by Ron Hyde
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According to a new report, year-over-year price appreciation in Canada's recreational property markets soared during the first nine months of 2020, driven by Canadians' ... More

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11/25/2020 | Posted in Commercial Real Estate by Ron Hyde
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A new report from Morguard Corporation indicates that in the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate ... More

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11/25/2020 | Posted in Canadian Housing Market by Ron Hyde
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Almost all households with expired debt referrals have resumed payments ... More

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11/24/2020 | Posted in Canadian Housing Market by Ron Hyde
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But even with a bumpy road ahead, there are reasons to be optimistic. ... More

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11/24/2020 | Posted in Mortgages and Real Estate by Ron Hyde
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Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada. ... More

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11/23/2020 | Posted in Mortgage Interest Rates by Ron Hyde
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Several mortgage brokers are warning of a spike in rates once bond yields recover. ... More

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11/19/2020 | Posted in Canadian Housing Market by Ron Hyde
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Accelerated building in two major cities is largely responsible for the rebound in construction ... More

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11/18/2020 | Posted in Financial Health by Ron Hyde
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The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded. ... More

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11/18/2020 | Posted in Canadian Housing Market by Ron Hyde
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Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent ... More

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11/16/2020 | Posted in Canadian Housing Market by Ron Hyde
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National home sales continued running at historically strong levels in October 2020 ... More

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11/15/2020 | Posted in Canadian Housing Market by Ron Hyde
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Between 2009 and September 2020, home prices in Toronto and Vancouver have soared 150% and 100%, respectively. ... More

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11/13/2020 | Posted in Commercial Real Estate by Ron Hyde
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The office market in Canada’s major cities experienced its largest negative quarterly net absorption in more than a decade during Q3 2020, according to JLL, totalling nearly ... More

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11/12/2020 | Posted in Community by Ron Hyde
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Lest We Forget – The Brave, The Fallen And Our Freedom. Time to Reflect, Remember, Respect. ... More

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11/10/2020 | Posted in Mortgage Interest Rates by Ron Hyde
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Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news. ... More

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11/9/2020 | Posted in Canadian Economy and Housing Market by Ron Hyde
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Optimism towards the Canadian housing sector’s prospects has been mounting, but the market should not count out the impact of the lingering economic lethargy brought about ... More

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11/9/2020 | Posted in Canadian Housing Market by Ron Hyde
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The ambitious targets are an attempt to compensate for 2020's abysmal immigration numbers ... More

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11/4/2020 | Posted in GTA Real Estate by Ron Hyde
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Strong numbers reported today by TRREB as home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. More

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11/3/2020 | Posted in Canada Living by Ron Hyde
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Canadian consumers are running out of cash, according to TransUnion. ... More

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11/3/2020 | Posted in Condo Market by Ron Hyde
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Toronto has far outstripped all other major Canadian markets in terms of condo supply growth, according to RBC Economics. ... More

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11/1/2020 | Posted in Canadian Housing Market by Ron Hyde
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Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst economic ... More

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10/30/2020 | Posted in GTA Real Estate by Ron Hyde
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From Canada Day to the summer wind down at the end of September, buyers fanned out across Toronto's '905' suburbs and scooped up 3,834 new condo units. ... More

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10/29/2020 | Posted in Canadian Housing Market by Ron Hyde
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After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ... More

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10/28/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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The Bank of Canada held the rate steady at 0.25 per cent and said the country’s economy won’t fully absorb slack in the economy before 2023, suggesting it will ... More

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10/27/2020 | Posted in Real Estate News by Ron Hyde
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Altus Group says the commercial-to-residential tax ratio threatens businesses in several markets ... More

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10/23/2020 | Posted in Canadian Economy and Interest Rates by Ron Hyde
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Slower borrowing might lead to less consumer spending that could further delay Canada's economic recovery ... More

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