Better Dwelling, Author at Better Dwelling

Toronto Sees New Condo Sales Fall Over 52%, Inventory Spikes Over 63%

August 30, 2018

Greater Toronto new condo sales experienced a drop in July, helping to send inventory much higher… and the industry is expecting more.

Canada

Canada’s Fastest Growing Real Estate Prices Aren’t In Toronto or Vancouver

August 29, 2018

Canada’s small cities seem to be catching FOMO. Canadian Real Estate Association (CREA) numbers show large cities are seeing price growth taper. Meanwhile, smaller real estate boards are seeing real estate price growth outpacing major cities. Yes, You Should Care About National Prices We know, you don’t care what’s happening in Ottawa – you live […]

Canada

Toronto Becomes Canada’s Most Expensive Rental Market, As Vancouver Prices Drop

August 27, 2018

Vancouver rental prices made a massive drop in June, making Toronto the country’s most expensive rental market.

This Week’s Top Stories: New Canadian Real Estate Buyer’s Inflate Their Budgets, While Old Ones Withdraw Equity

August 26, 2018

Time for your weekly cheat sheet on the most important stories of the week. Canadian Real Estate Canadians Withdraw Another $2 Billion In Home Equity Over A Month Canadians are (still) looking to extract equity from their homes at a record pace. The balance of loans secured in June hit $286.81 billion, up $1.966 billion […]

Toronto

Cheat Sheet: TREB Loses Supreme Court Appeal, Here’s What You Need To Know

August 23, 2018

Canadians are about to get a more transparent real estate market… well, one market. The Supreme Court of Canada has dismissed the Toronto Real Estate Board (TREB) appeal to prevent members from releasing data. The dismissal ends a nearly seven year struggle to get the board to open up information. During this time, TREB argued […]

This Week’s Top Stories: Canadian Real Estate Sales Fall, While Second Mortgages Rise Across The Country

August 19, 2018

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate Over 1 In 10 Mortgages Issued In Canada Are On An Already Mortgaged Home The Canada Housing and Mortgage Corporation (CMHC) found that multiple mortgages on the same home is on the rise. Analysts counted 145,013 new loans on already […]

Vancouver

Vancouver Condo Inventory Jumps 66%, Largest Monthly Price Decline Since 2012

August 15, 2018

The Greater Vancouver condo market is quickly changing. Real Estate Board of Greater Vancouver (REBGV) numbers show July saw inventory surge. The rise in inventory was met with big declines in sales, releasing a lot of the pressure for prices to rise. Vancouver Condo Prices Fall For A Second Month The price of a typical […]

This Week’s Top Stories: Toronto and Vancouver Detached Sales Continue To Slow, While Mortgage Payments and HELOCs Soar

August 12, 2018

Time for your weekly cheat sheet on this week’s most important stories. Canadian Real Estate The Average Mortgage And HELOC Payment Is Soaring In Toronto And Vancouver Canadians are facing higher payments on mortgages and HELOCs, especially in Vancouver and Toronto. The average monthly mortgage payment in Vancouver reached $1,794 in Q1 2018, up 6.5% […]

Vancouver