11/24/2020 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada. ... More

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  11/18/2020 | Posted in Financial Health by Boris Guerdjikov
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The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded. ... More

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  9/24/2020 | Posted in Canadian Housing Market by Boris Guerdjikov
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Supply/demand struggles and higher building costs are adding pressure to the market. ... 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

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  3/24/2020 | Posted in New Developments by Boris Guerdjikov
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Building construction investment in Canada edged higher in January with a 0.5% rise compared to the previous month. ... More

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  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

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  2/3/2020 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
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Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries. ... More

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  1/30/2020 | Posted in Canadian Housing Market by Boris Guerdjikov
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Quarterly price trend report shows most major markets posted gains. ... More

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  11/25/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey. ... More

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  10/21/2019 | Posted in Canadian Economy and Interest Rates by Boris Guerdjikov
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The cost of living was higher across many products and services in September. ... More

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  10/16/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
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This demographic is likely to account for nearly 700,000 home sales over the next five years. ... More

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  10/10/2019 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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Canada’s outstanding mortgage credit load continues breaking records, reaching a new high of more than $1.59 trillion as of August, according to the country’s central ... More

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  10/8/2019 | Posted in New Developments by Boris Guerdjikov
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The value of building permits issued by Canadian municipalities rose 6.1% to $9.0 billion in August, largely because of increases in multi-family and industrial permits. Gains ... More

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  8/9/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
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Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada. ... More

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  6/24/2019 | Posted in Canadian Housing Market by Boris Guerdjikov
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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada. ... More

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  5/1/2019 | Posted in Interest Rates by Boris Guerdjikov
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The latest reading of Canada’s economy brings both good and bad news for the housing market. ... More

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  4/1/2019 | Posted in Real Estate Market by Boris Guerdjikov
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The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More

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  2/11/2019 | Posted in Commercial Real Estate by Boris Guerdjikov
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The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking ... More

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  11/28/2018 | Posted in Commercial Real Estate by Boris Guerdjikov
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Canadian commercial property sales activity will remain robust over the near term, against a backdrop of positive overall sector performance. ... More

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  11/26/2018 | Posted in Real Estate Investments by Boris Guerdjikov
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Investment in Canada’s building construction edged 0.3% higher in September compared to the previous month. ... More

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  9/13/2018 | Posted in Real Estate News by Boris Guerdjikov
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Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact. ... More

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  8/8/2018 | Posted in Canadian Housing Market by Boris Guerdjikov
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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on Wednesday. ... More

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  7/4/2018 | Posted in Foreign Buyers by Boris Guerdjikov
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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... More

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  6/14/2018 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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Mortgage borrowing fell $2 billion to $13.7 billion in the first quarter of this year, the lowest level since the second quarter of 2014 according to Statistics Canada ... More

Real Estate & Mortgage News

  5/14/2018 | Posted in Commercial Real Estate by Boris Guerdjikov
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The value of permits issued for non-residential structures was $3.0 billion in March, up 4.5% from February (which had posted a 6.4% decline) according to Statistics Canada. ... More

Real Estate & Mortgage News

  4/27/2018 | Posted in Mortgages and Real Estate by Boris Guerdjikov
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Latest data from Statistics Canada showed that mortgage interest costs increased by 2.8% in March, representing the biggest rise since April 2009. ... More

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  4/20/2018 | Posted in Commercial Real Estate by Boris Guerdjikov
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First quarter investment in non-residential construction gained 3.1% compared to the previous quarter, Statistics Canada reported Thursday. ... More

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  3/23/2018 | Posted in Canadian Economy and Housing Market by Boris Guerdjikov
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Mortgage Consumers Brace Yourselves - Chances of a hike in May rose to 82% after the data came out today. ... More

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  12/8/2017 | Posted in Financial Health by Boris Guerdjikov
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Canadian families increased their net worth by 14.7% in the four years from 2012-2016 according to new data from Statistics Canada. ... More

Real Estate & Mortgage News

  8/17/2017 | Posted in Real Estate Market by Boris Guerdjikov
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'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More

Real Estate & Mortgage News
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