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Category Archives for "Market News"

May 25

Slow Decline Of The Detached Home In Canada

By deangibbons | Market News

Adapted from article BY JESSICA SMITH CROSS, THE CANADIAN PRESSOntario’s anti-sprawl policies, which is the main cause of the current housing supply shortage in Toronto and the surrounding areas, are going to get tougher.Any future projects on undeveloped land will have to accommodate more people and jobs – a minimum of 80 per hectare, up […]

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May 11

Strong Growth in New Listings in April

By deangibbons | Market News

Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® entered 33.6 per cent more new listings into TREB’s MLS® System in April 2017, at 21,630, compared to the same month in 2016. New listings were up by double-digits for all low-rise home types, including detached and semi-detached houses and townhouses. New […]

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Jan 17

Condo Flipping! What To Look For.

By deangibbons | Market News

For years, HGTV has made a killing off showing the public how to flip homes.  Invariably, problems arise and there is tension between the contractor and the client.  Miraculously, all problems are wrapped up in a neat little box inside of 30 minutes of air time including commercial breaks.It’s a little different in real life.​For […]

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Nov 17

CMHC Okay If Market Tanks

By deangibbons | Market News

If the real estate market were to tank tomorrow, CMHC would be fine.  You’ll be screwed but CMHC will be able to weather the storm. For those who don’t know CMHC is responsible for the lovely lump sum insurance payment that is tacked on to your mortgage if you are purchasing with less than a […]

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