Real Estate News & Articles

2/8/2023 | Posted in Real Estate News by Boris Guerdjikov
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A recent dip in GoC bond yields has provided some welcome relief – but more twists and turns could be ahead ... More

Real Estate & Mortgage News

2/8/2023 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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Governor Tiff Macklem said the Bank of Canada needs to keep interest rates steady to avoid slowing the economy too much, defending his decision to pause hikes in remarks that were ... More

Real Estate & Mortgage News

2/7/2023 | Posted in Canadian Housing Market by Boris Guerdjikov
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Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada. ... More

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2/3/2023 | Posted in Toronto News by Boris Guerdjikov
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The deadline for Toronto homeowners to declare whether or not their property is occupied has been extended until the end of the month, Mayor John Tory has announced. ... More

Real Estate & Mortgage News

2/3/2023 | Posted in GTA Real Estate by Boris Guerdjikov
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As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were similar ... More

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2/3/2023 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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An analysis of homeowners' loan-to-value ratios reveals resilient position despite challenges. ... More

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2/2/2023 | Posted in Home Owners by Boris Guerdjikov
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As Canadian homeowners grapple with the Bank of Canada's flurry of interest rate hikes, one in three say they won't be able to handle higher rates for long before they are ... More

Real Estate & Mortgage News

1/31/2023 | Posted in Condo Market by Boris Guerdjikov
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Multi-family housing sales in the GTHA continued its downward trend through the back half of 2022, with condo, townhouse and apartment sales levels all declining over 50 per cent ... More

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1/30/2023 | Posted in Interest Rates by Boris Guerdjikov
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While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction. ... More

Real Estate & Mortgage News

1/30/2023 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate. ... More

Real Estate & Mortgage News

1/28/2023 | Posted in Commercial Real Estate by Boris Guerdjikov
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The Greater Toronto Area office market saw its vacancy reach double-digit levels during Q4 2022 amid markedly increased caution among stakeholders, who are still awaiting clarity ... More

Real Estate & Mortgage News

1/27/2023 | Posted in Canada Living by Boris Guerdjikov
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Local officials and investigators say that the trend is especially apparent in two provinces ... More

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1/27/2023 | Posted in Canadian Housing Market Predictions by Boris Guerdjikov
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity for 2023 and 2024. It’s predicting good news for the market in the coming year - ... More

Real Estate & Mortgage News

1/27/2023 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

Real Estate & Mortgage News

1/26/2023 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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Central bank signalled it would put the rate hiking cycle on pause - at least for now ... More

Real Estate & Mortgage News

1/25/2023 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

Real Estate & Mortgage News

1/25/2023 | Posted in Mortgage News by Boris Guerdjikov
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Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association. ... More

Real Estate & Mortgage News

1/24/2023 | Posted in Interest Rates by Boris Guerdjikov
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The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, according to a Bank of Montreal strategist. ... More

Real Estate & Mortgage News

1/20/2023 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy ... More

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1/19/2023 | Posted in Rental Market by Boris Guerdjikov
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New report highlights rent rate movements in major urban markets ... More

Real Estate & Mortgage News

1/19/2023 | Posted in Home Owners by Boris Guerdjikov
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An increasing number of Canadians appear to be tapping into their homes for extra cash. ... More

Real Estate & Mortgage News

1/16/2023 | Posted in Canadian Housing Market by Boris Guerdjikov
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022. ... More

Real Estate & Mortgage News

1/16/2023 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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"They are in a very difficult situation in which they have to tell you they are done without telling you they are done" ... More

Real Estate & Mortgage News

1/14/2023 | Posted in Canadian Housing Market by Boris Guerdjikov
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Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, the ... More

Real Estate & Mortgage News

1/13/2023 | Posted in Mortgage News by Boris Guerdjikov
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Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. ... More

Real Estate & Mortgage News

1/13/2023 | Posted in Canadian Housing Market by Boris Guerdjikov
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More

Real Estate & Mortgage News

1/11/2023 | Posted in Canada Living by Boris Guerdjikov
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The federal government is offering a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes. ... More

Real Estate & Mortgage News

1/11/2023 | Posted in GTA News by Boris Guerdjikov
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Municipalities in the GTA may see property tax hikes from 5% to 100% in the next year following the provincial government’s implementation of the More Homes Built Faster ... More

Real Estate & Mortgage News

1/11/2023 | Posted in Ontario News by Boris Guerdjikov
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Homeowners and renters in Ontario pay some of the most expensive fees across the country, but a few cities in the province have more affordable prices. ... More

Real Estate & Mortgage News

1/11/2023 | Posted in Commercial Real Estate by Boris Guerdjikov
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In a new analysis of the Canadian commercial real estate market, the firm sees some potential for investors despite economic headwinds ... More

Real Estate & Mortgage News
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