4/2/2024 | Posted in Government and Regulation by Bashar Mahfooth
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Prime Minister Justin Trudeau is pressuring Canada’s provinces to remove barriers to building more housing, including requiring them to freeze municipal development charges ... More

Real Estate & Mortgage News

  3/18/2024 | Posted in Canadian Housing Market by Bashar Mahfooth
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Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country. ... More

Real Estate & Mortgage News

  10/6/2023 | Posted in Canadian Housing Market by Bashar Mahfooth
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A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point of ... More

Real Estate & Mortgage News

  9/22/2023 | Posted in New Developments by Bashar Mahfooth
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August activity at more than 60% below the region's 10-year average sales level ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in New Developments by Bashar Mahfooth
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There was strong demand for newly built homes in the Greater Toronto Area in November, the latest month of data released by Altus Group. ... More

Real Estate & Mortgage News

  6/27/2019 | Posted in New Developments by Bashar Mahfooth
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More

Real Estate & Mortgage News

  6/10/2019 | Posted in Real Estate News by Bashar Mahfooth
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Cooling housing markets are being seen in many major cities across the developed economies. ... More

Real Estate & Mortgage News

  2/22/2019 | Posted in Canadian Housing Market by Bashar Mahfooth
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While a decline in sales in January 2018 was expected, the decline this January was disturbing. ... More

Real Estate & Mortgage News

  1/2/2019 | Posted in GTA Real Estate by Bashar Mahfooth
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The Greater Toronto Area (GTA) new-home sales and new project openings’ activities were back to typical levels in November after posting relatively strong results in ... More

Real Estate & Mortgage News

  7/10/2018 | Posted in Canadian Housing Market by Bashar Mahfooth
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Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the ... More

Real Estate & Mortgage News

  7/4/2018 | Posted in Foreign Buyers by Bashar Mahfooth
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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... More

Real Estate & Mortgage News

  9/27/2017 | Posted in Ontario Real Estate by Bashar Mahfooth
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In spite of recent scares regarding their values, detached houses remain the strongest real estate investment to be had in the GTA. ... More

Real Estate & Mortgage News

  9/11/2017 | Posted in Real Estate News by Bashar Mahfooth
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July ... More

Real Estate & Mortgage News

  8/15/2017 | Posted in Real Estate Market by Bashar Mahfooth
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017. ... More

Real Estate & Mortgage News

  8/10/2017 | Posted in New Developments by Bashar Mahfooth
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The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More

Real Estate & Mortgage News

  7/17/2017 | Posted in Real Estate Market by Bashar Mahfooth
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017. ... More

Real Estate & Mortgage News

  7/11/2017 | Posted in Real Estate Market by Bashar Mahfooth
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June. ... More

Real Estate & Mortgage News

  6/19/2017 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More

Real Estate & Mortgage News

  6/15/2017 | Posted in Real Estate News by Bashar Mahfooth
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

Real Estate & Mortgage News

  6/14/2017 | Posted in Real Estate Market by Bashar Mahfooth
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In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the index. ... More

Real Estate & Mortgage News

  6/12/2017 | Posted in Real Estate Market by Bashar Mahfooth
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The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... More

Real Estate & Mortgage News

  6/9/2017 | Posted in Real Estate Market by Bashar Mahfooth
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Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ... More

Real Estate & Mortgage News

  6/5/2017 | Posted in GTA Real Estate by Bashar Mahfooth
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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB’s MLS® System in May 2017 – ... More

Real Estate & Mortgage News

  5/15/2017 | Posted in Real Estate Market by Bashar Mahfooth
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More

Real Estate & Mortgage News

  5/9/2017 | Posted in Real Estate Market by Bashar Mahfooth
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The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March. ... More

Real Estate & Mortgage News

  5/2/2017 | Posted in Toronto Real Estate by Bashar Mahfooth
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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit at ... More

Real Estate & Mortgage News

  4/25/2017 | Posted in Real Estate Market by Bashar Mahfooth
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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More

Real Estate & Mortgage News

  4/19/2017 | Posted in Toronto Real Estate by Bashar Mahfooth
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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More

Real Estate & Mortgage News

  4/18/2017 | Posted in Real Estate Market by Bashar Mahfooth
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017. ... More

Real Estate & Mortgage News
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