Vancouver’s Housing Market is Gloomy – Yet Unaffordable For Household Incomes Of $120,000 Yearly The housing numbers out of Vancouver, once among the world’s hottest real estate markets, are getting more dismal with each passing month. Sales in April, 2019 were the lowest in 24 years for a month that typically kicks […]
Toronto Housing Interest Rate
Interest Rate up inject to homebuyers’ challenges, more first-time buyers may not qualify
The interest rate up and third Bank of Canada rate hike this year could shut more first-time buyers out of the Toronto region’s housing market. It will increase hundreds of dollars to some homeowners’ challenge mortgage payments. More first-time buyers may not qualify for mortgage. The central bank has raised its key lending […]
Home sales in Toronto declined in June, 2017
Home sales in the Greater Toronto Area went down 37.3 per cent in June, 2017 compared with a year ago, Toronto real estate board mentioned Thursday as purchasers moved to the sidelines following the introduction of regulations that are targeted at cooling down Toronto real estate market. The Toronto Real Estate Board mentioned 7,974 […]
