10/9/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The pace of housing starts nationwide in September was considerably slower compared to the August output, according to new data from the Canada Mortgage and Housing Corp. ... More

Real Estate & Mortgage News

  8/19/2019 | Posted in Ontario Real Estate by Boris Guerdjikov
  SHARE

Real estate flipping in the Waterloo region is mostly committed by investors from the Greater Toronto Area, according to a new report by Canada Mortgage and Housing Corporation. ... More

Real Estate & Mortgage News

  7/21/2019 | Posted in Mortgages and Real Estate by Boris Guerdjikov
  SHARE

The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years. ... More

Real Estate & Mortgage News

  7/18/2019 | Posted in Mortgages and Real Estate by Boris Guerdjikov
  SHARE

The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. ... More

Real Estate & Mortgage News

  7/17/2019 | Posted in Mortgages and Real Estate by Boris Guerdjikov
  SHARE

An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government ... More

Real Estate & Mortgage News

  6/18/2019 | Posted in Home Buyers by Boris Guerdjikov
  SHARE

The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More

Real Estate & Mortgage News

  6/18/2019 | Posted in First Time Home Buyers by Boris Guerdjikov
  SHARE

While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More

Real Estate & Mortgage News

  6/13/2019 | Posted in Home Buyers by Boris Guerdjikov
  SHARE

Three quarters of homebuyers in three of Canada's largest housing markets are not willing to take financial risks when buying a home, ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  5/23/2019 | Posted in Financial Health by Boris Guerdjikov
  SHARE

Canadian households continued to pile up debt in the fourth quarter of 2018 according to a new report from CMHC. ... More

Real Estate & Mortgage News

  5/9/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report. ... More

Real Estate & Mortgage News

  5/2/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable ... More

Real Estate & Mortgage News

  4/4/2019 | Posted in Home Buyers by Boris Guerdjikov
  SHARE

Canada's housing agency says new spending measures aimed at helping first-time buyers afford homes won't push prices up more than a few tenths of a percentage point. ... More

Real Estate & Mortgage News

  3/19/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals. ... More

Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

Real Estate & Mortgage News

  12/17/2018 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
  SHARE

The prospect of interest rate hikes is particularly daunting for residents of Toronto and Vancouver—two cities with debt levels well above the national average. ... More

Real Estate & Mortgage News

  12/12/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  11/30/2018 | Posted in Home Buyers by Boris Guerdjikov
  SHARE

CMHC has published its financial report for the third quarter of 2018 which also reveals insights into this year’s homebuyers. ... More

Real Estate & Mortgage News

  11/28/2018 | Posted in Rental Market by Boris Guerdjikov
  SHARE

Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More

Real Estate & Mortgage News

  11/7/2018 | Posted in Canadian Housing Market Predictions by Boris Guerdjikov
  SHARE

Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the resale ... More

Real Estate & Mortgage News

  10/4/2018 | Posted in Home Buyers by Boris Guerdjikov
  SHARE

CMHC’s new guidelines that make it easier for self-employed borrowers to qualify for a mortgage came into effect on Oct 1. ... More

Real Estate & Mortgage News

  8/15/2018 | Posted in Mortgages and Real Estate by Boris Guerdjikov
  SHARE

There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC. ... More

Real Estate & Mortgage News

  7/19/2018 | Posted in Home Buyers by Boris Guerdjikov
  SHARE

Canada Mortgage and Housing Corp. is making changes intended to make it easier for the self-employed to qualify for a mortgage ... More

Real Estate & Mortgage News

  7/10/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

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 Boris Guerdjikov
  SHARE

Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... More

Real Estate & Mortgage News

  6/8/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The trend in housing starts was 216,362 units in May 2018, compared to 225,481 units in April 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  5/8/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The trend in housing starts was 225,696 units in April 2018, compared to 226,942 units in March 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

Real Estate & Mortgage News

  4/26/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

Canada's housing market overall remains highly vulnerable for the seventh consecutive quarter mainly due to evidence of overvaluation and price acceleration observed in Census ... More

Real Estate & Mortgage News

  4/10/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

The trend in housing starts was 226,842 units in March 2018, compared to 225,804 units in February 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More

Real Estate & Mortgage News

  3/9/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
  SHARE

Toronto and Vancouver’s real estate markets have responded to surging prices and a growing demand for homes with a supply of new housing that is “significantly weaker ... More

Real Estate & Mortgage News
Ask Boris Guerdjikov

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 1 + 2 =