Toronto Is Now Home To Over 896,000 Mortgages
Toronto real estate prices are taking its toll on homeownership rates, but the number of mortgages continue to rise.
Toronto real estate prices are taking its toll on homeownership rates, but the number of mortgages continue to rise.
The gap between Canadian real estate sale prices, and what homeowners estimate their homes to be worth is closing. Although it’s still huge.
Toronto and Vancouver now rank amongst the most expensive real estate in the world, here’s where they are in contrast to other wealth hubs.
Vancouver condos get a bump in prices, sales, and listings. Heck, even historic numbers got a bump due to a re-calculation of sales.
Toronto condo prices are still sky high, but declining sales and a roaring pre-sale market are tapering price growth quickly.
Canadian real estate buyers just lost 25% of their buying power. Here’s the most important changes to OSFI’s update to uninsured mortgages.
Vancouver real estate prices continued to rise in September, but tapering annual price growth does present some concerns.
Toronto real estate is seeing an explosion in detached inventory, which may be tapering price growth very quickly.
Toronto real estate saw higher prices, but more inventory and less sales could spell trouble for the market in the upcoming months.
Canada saw real estate prices in urban centers fall for the third month in a row. This is the first time that’s happened in over 4 years.