Categories for Market Info

February Market Report

GTA HOME AND CONDO SALES REACH NEW HEIGHTS FOR FEBRUARY TORONTO, ONTARIO, March 3, 2021 – Record home sales in the Greater Toronto Area (GTA) continued in February as buyers remained confident in their employment situations and took advantage of ultra-low borrowing costs. With multiple buyers continuing to compete for ...

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Toronto condo prices could fall up to 10% in 2021

Toronto’s condo market will not be able to reverse price losses this year as more new condo buildings are completed across the city even as demand continues to lag supply. That’s the message from economists Tony Stillo and Michael Davenport, who in a research note published this week by Oxford ...

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2-Storey Home Prices in the GTA Expected to Jump 7.5% in 2021: Royal LePage

Written by Kayla Gladysz – Courtesy of torontostoreys.com With a vaccine on the horizon and plenty of lessons learned from the past year, things are looking up for 2021. And home prices are no exception — in a very literal way. According to a new forecast from Royal LePage, the median ...

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Canada Has Its Lowest Mortgage Rate In History Thanks to HSBC

HSBC Takes an Aggressive Position in the Ultra Competitive Mortgage Market By: Canadian Press December 4, 2020 HSBC says it will offer rates below 1% for some mortgages, which rate comparison website RateSpy.com says is a record low for Canada. However, experts say the rock-bottom rate comes with costs of its own. ...

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