Mortgage rates moving up despite Bank of Canada slashed bank rate to 0.25% Canada’s mortgage rates are moving up. But Bank of Canada decreased the bank rate to currently 0.25% to fight COVID-19 pandemic. “Thе соѕtѕ оf fundѕ for bаnkѕ is ѕkуrосkеtіng and bank еаrnіngѕ аrе plunging,” Shеrrу Cooper, сhіеf есоnоmіѕt at […]
Toronto Mortgage Posts
Metro Toronto Buyers Check Out Affordability
Metro Toronto Buyers Check Out Affordability Metro Toronto Buyers Affordability to buy residential properties are determined based on: Home Prices: The current market value of the desired home. Savings-Equity of Buyers: How much disposable after-tax income you’ve been able to squirrel away plus any equity you have in your existing home. […]
Metro Toronto Real Estate Continues To Stay In Sellers Market In 2020
Metro Toronto Real Estate Continues To Stay In Sellers Market In 2020 Months оf Supply оf Existing Homes іn Mеtrо Tоrоntо In rесеnt months, ѕаlеѕ hаvе іnсrеаѕеd to hеаlthіеr lеvеlѕ but hаvеn’t brоkеn аnу rесоrdѕ. Thе truе drіvеr оf higher рrісеѕ has bееn a lack оf асtіvе listings. The number of реорlе […]
Toronto Real Estate TRREB Published January, 2020 Resale Market Figures
Toronto Real Estate TRREB Published January, 2020 Resale Market Figures Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by 15.4 per cent compared to January 2019. On a preliminary seasonally adjusted basis, sales were up by 4.8 per cent compared to December 2019. The […]
Toronto Real Estate TREB Published December, 2019 Resale Market Figures
Toronto Real Estate Board (TREB) reported that December 2019 residential sales reported through TREB’s MLS® System by Greater Toronto Area REALTORS® were up by 17.4 per cent year-over-year to 4,399. Total sales for calendar year 2019 amounted to 87,825 – up by 12.6 per cent compared to the decade low 78,015 sales reported in […]
