New mortgage rules come into effect today http://www.tomsmok.com
More Supply Equals Moderate Price Growth in Q1 April 18, 2012 — Greater Toronto REALTORS® reported 5,027 condominium apartment transactions in the first quarter of 2012. This result was up by two per cent in […]
Finance Ministry Jim Flaherty announced during a news conference on June 21st that the Government of Canada will be tightening the guidelines for insured (less than 20% down) mortgages in Canada for the fourth time […]
The new mortgage rules, which take effect July 9, will see the maximum amortization period for government-insured mortgages fall to 25 years from 30 years. The limit for borrowing against the value of a home […]
Ottawa tightening mortgage rules; no more 30-year amortizations – The Globe and Mail. The federal government is moving again to tighten the rules on mortgage lending in Canada amid growing concerns that the housing market […]
TORONTO, June 18, 2012 – Greater Toronto REALTORS® reported 4,597 sales through the first 14 days of June – a result that was on par with the strong sales activity reported in the June 2011 mid-month release. While […]
OTTAWA – June 15, 2012 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations for 2012 […]
GTA REALTORS® Report Monthly Resale Housing Market Figures TORONTO, June 5, 2012 — Greater Toronto REALTORS® reported 10,850 transactions through the TorontoMLS System in May 2012 – an 11 per cent increase over the 9,766 […]
GTA REALTORS® Report Mid-Month Resale Housing Market Figures May 25/2012.
What bubble? CMHC dismisses fears of a housing market bust – Need to know – Macleans.ca.
TORONTO, May 3, 2012 — Greater Toronto REALTORS® reported 10,350 transactions through the TorontoMLS System in April 2012. This level of sales was 18 per cent higher than the 8,778 firm deals reported in April 2011. The strongest sales growth […]
GTA REALTORS® Report Mid-Month Resale Housing Market Figures TORONTO, March 19, 2012 – During the first 14 days of March, Greater Toronto REALTORS® reported 4,215 transactions through the TorontoMLS system, representing a seven per cent increase […]
Realty Times – Canada’s New Mortgage Code Makes Prepayments Easier. The Canadian government has introduced a new Mortgage Code of Conduct for federally regulated financial institutions. It requires lenders to clearly explain the differences between […]
TORONTO, March 5, 2012 — Greater Toronto REALTORS® reported 7,032 sales in February 2012 – up 16 per cent compared to February 2011. New listings were also up over the same period, but by a lesser 11 per cent […]