Real Estate News & Articles

1/15/2021 | 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 set another all-time record in December 2020. ... More

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1/14/2021 | Posted in Commercial Real Estate by Boris Guerdjikov
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Despite the recent arrival of the vaccine for the COVID-19 pandemic, a new report expects the first half of 2021 to be a continuation of 2020’s acceleration toward digital ... More

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1/14/2021 | Posted in Canadian Housing Market Predictions by Boris Guerdjikov
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Canada’s housing market may be heading for a soft landing at the end of the year after what could be a record-breaking 2021, a new report by RBC Economics said. ... More

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1/14/2021 | Posted in Home Buyers by Boris Guerdjikov
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A record number of Canadians left major urban centers last year amid the pandemic, led by youth and young families. ... More

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1/13/2021 | Posted in Mortgage Interest Rates by Boris Guerdjikov
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Money markets see an increased chance of the Bank of Canada cutting interest rates closer to zero, as tightening economic restrictions to contain a second wave of COVID-19 cases ... More

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1/13/2021 | Posted in Canadian Housing Market by Boris Guerdjikov
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Plus, seven trends that could impact the real estate market ... More

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1/13/2021 | Posted in Ontario News by Boris Guerdjikov
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The Ontario government has issued a stay-at-home order for the province beginning on Jan. 14 and has immediately declared a second state of emergency. ... More

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1/12/2021 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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The mortgage delinquency rate among Canadian seniors has reached its highest level in years, according to the Canada Mortgage and Housing Corporation. ... More

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1/11/2021 | Posted in Canadian Housing Market by Boris Guerdjikov
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Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area. ... More

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1/8/2021 | Posted in Condo Market by Boris Guerdjikov
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Condo sales soared across the Toronto region in December, and as one economist wrote, it looked like buyers were out “in full force looking for bargains.” ... More

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1/7/2021 | Posted in Mortgage Interest Rates by Boris Guerdjikov
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The Bank of Canada will likely leave the overnight lending rate unchanged for the whole of 2021, according to a recent forecast. ... More

Real Estate & Mortgage News

1/6/2021 | Posted in GTA Real Estate by Boris Guerdjikov
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Despite an unprecedented year due to COVID-19, including necessary public health restrictions and uncertainty surrounding the economy, Greater Toronto Area REALTORS® reported ... More

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1/5/2021 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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For those of you who need a mortgage in the next 12 months, here are five humble prophecies about the year ahead. ... More

Real Estate & Mortgage News

1/5/2021 | Posted in Canadian Housing Market by Boris Guerdjikov
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Canadians are feeling more confident about the continued rise in home prices now than at any point in the previous three years, a trend Bloomberg and Nanos Research called a ... More

Real Estate & Mortgage News

1/4/2021 | Posted in Home Owners by Boris Guerdjikov
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The feds plan to provide homeowners with up to $5,000 in grants and one million free EnerGuide assessments to make their homes more energy efficient. ... More

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1/2/2021 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
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Amid an unpredictable pandemic, forecasts for the housing market are pretty much all over the map. ... More

Real Estate & Mortgage News

12/31/2020 | Posted in Condo Market by Boris Guerdjikov
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No sector has been hit as hard as condos in this pandemic, and while experts say the market will recover, it will be different ... More

Real Estate & Mortgage News

12/30/2020 | Posted in First Time Home Buyers by Boris Guerdjikov
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With mortgage rates at historic lows and price growth tapering in certain markets, the COVID-19 pandemic has presented both opportunities and challenges for first-time homebuyers. ... More

Real Estate & Mortgage News

12/22/2020 | Posted in Ontario News by Boris Guerdjikov
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The provincial government has announced all of Ontario will be entering a provincial shutdown as of 12:01 a.m. on Dec. 26 in a bid to combat rising coronavirus cases. ... More

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12/21/2020 | Posted in GTA Real Estate by Boris Guerdjikov
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People ditched their condos, there was an exodus to the suburbs and an uptick in home renovations ... More

Real Estate & Mortgage News

12/21/2020 | Posted in Canadian Housing Market by Boris Guerdjikov
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When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say ... More

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12/21/2020 | Posted in Canadian Housing Market by Boris Guerdjikov
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The upward trend in Canadian housing starts continued in November, according to the Canada Mortgage and Housing Corporation. ... More

Real Estate & Mortgage News

12/19/2020 | Posted in Ontario Real Estate by Boris Guerdjikov
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Toronto continues to be the main driver of the province's housing market ... More

Real Estate & Mortgage News

12/16/2020 | 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 continued running at historically strong levels in November 2020. ... More

Real Estate & Mortgage News

12/14/2020 | Posted in GTA Real Estate by Boris Guerdjikov
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2021 Predictions: Aggregate price of a home in the Greater Toronto Area forecast to rise 5.75% according to a recent report by Royal LePage. ... More

Real Estate & Mortgage News

12/11/2020 | Posted in Canadian Housing Market by Boris Guerdjikov
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Townhouse activity has been especially rabid in Canada's largest markets. ... More

Real Estate & Mortgage News

12/11/2020 | Posted in Mortgage Interest Rates by Boris Guerdjikov
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Bank says it could go lower than 0.25%, but remains deeply skeptical of negative interest rates ... More

Real Estate & Mortgage News

12/11/2020 | Posted in Financial Health by Boris Guerdjikov
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Canadian households owed an average of $1.71 for every dollar of disposable income in the third quarter, Statistics Canada said on Friday. ... More

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