10/15/2020 | 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 set another record in September 2020. ... More

Real Estate & Mortgage News

  8/31/2020 | Posted in Canada Living by Boris Guerdjikov
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Canada's federal banking regulator is phasing out requirements around mortgage deferrals for homeowners hard-hit financially by the COVID-19 pandemic. As of July 30, there ... More

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  8/28/2020 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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The Bank of Canada is starting to worry about inflation. Not because it sees any, mind. ... More

Real Estate & Mortgage News

  8/18/2020 | Posted in Canada Living by Boris Guerdjikov
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"A home equity tax would be unfair and hurtful to Canadians during the best of times, but at this very moment – during a global pandemic – it is reckless", ... More

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  8/18/2020 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
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The rate of residential investment to Canadian GDP has also swelled dramatically ... More

Real Estate & Mortgage News

  8/17/2020 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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Mortgage insurers are not signalling enthusiasm towards the extension of six-month payment deferrals, according to an analysis by The Financial Post. ... More

Real Estate & Mortgage News

  8/11/2020 | Posted in Canada Living by Boris Guerdjikov
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Canadians spent an estimated $80 billion on renovations in 2019, and plan to take a bit of breather this year because of COVID-19. ... More

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  6/13/2020 | Posted in Financial Health by Boris Guerdjikov
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The ratio of debt to disposable income peaked in 2017 at 178 per cent but it is currently just shy of that level. ... More

Real Estate & Mortgage News

  6/1/2020 | Posted in Canada Living by Boris Guerdjikov
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COVID-19 has "for all intents and purposes shut down immigration." ... More

Real Estate & Mortgage News

  5/3/2020 | Posted in Canada Living by Boris Guerdjikov
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Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday. ... More

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  4/21/2020 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

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  3/19/2020 | Posted in Community by Boris Guerdjikov
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Happy First Day of Spring Everyone! ... More

Real Estate & Mortgage News

  3/18/2020 | Posted in Canada Living by Boris Guerdjikov
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The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. ... More

Real Estate & Mortgage News

  3/16/2020 | Posted in Canada Living by Boris Guerdjikov
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Prime Minister Justin Trudeau has announced the federal government will close its borders to most people who are not Canadian citizens or permanent residents as part of its ... More

Real Estate & Mortgage News

  2/27/2020 | Posted in Canada Living by Boris Guerdjikov
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In 2018, the median after-tax income of Canadian families and unattached individuals was $61,400. ... More

Real Estate & Mortgage News

  2/13/2020 | Posted in Rental Market by Boris Guerdjikov
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More

Real Estate & Mortgage News

  12/18/2019 | Posted in Canada Living by Boris Guerdjikov
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There will be growth for the Canadian economy in the next two years as the country avoids recession. ... More

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