Real Estate News, Articles & Corporate Announcements
7/19/2019 | Posted in Toronto Real Estate by Terra Realty
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Toronto has been ranked as Canada’s most attractive city to move to, according to a survey from finance planning website Finder.com. ... More
7/18/2019 | Posted in Mortgages and Real Estate by Terra Realty
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The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. ... More
7/18/2019 | Posted in Mortgage Interest Rates by Terra Realty
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Those renewing or about to renew their mortgages can breathe a sigh of relief: The era of higher interest rates appears to have been short-lived. ... More
7/18/2019 | Posted in Commercial Real Estate by Terra Realty
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Relative to the sizes of their respective markets, new office building construction in Canada is at a pace nearly twice that in the United States, according to a recent report by ... More
7/17/2019 | Posted in Mortgages and Real Estate by Terra Realty
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An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government ... More
7/15/2019 | Posted in Canadian Housing Market by Terra Realty
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month. ... More
7/15/2019 | Posted in Commercial Real Estate by Terra Realty
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Commercial real estate in the Greater Toronto Area saw a slower pace of activity in the second quarter of 2019 compared to a year earlier. ... More
7/15/2019 | Posted in Canadian Housing Market by Terra Realty
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The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario. ... More
7/15/2019 | Posted in Commercial Real Estate by Terra Realty
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Demand for offices in Toronto and Vancouver has squeezed the vacancy rates of both, making them the joint tightest markets in North America. ... More
7/12/2019 | Posted in Toronto Real Estate by Terra Realty
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Amid sustained high levels of demand, condos continued to be the fastest appreciating residential property type in the Greater Toronto Area according to a new report. ... More
7/11/2019 | Posted in Canadian Housing Market by Terra Realty
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas. ... More
7/10/2019 | Posted in Canadian Economy and Interest Rates by Terra Realty
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The Bank of Canada is keeping its trend-setting interest rate steady at 1.75 per cent in a decision widely expected by economists. ... More
7/9/2019 | Posted in Toronto News by Terra Realty
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U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto. ... More
7/9/2019 | Posted in Commercial Real Estate by Terra Realty
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The shift towards flexible working has been changing the demand of office tenants over recent years and a new report shows the strength of the ... More
7/5/2019 | Posted in Rental Market by Terra Realty
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The strength of the economy and labour market in the Greater Toronto Area is boosting rental activity. ... More
7/4/2019 | Posted in GTA Real Estate by Terra Realty
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Greater Toronto Area REALTORS® reported 8,860 sales through TREB’s MLS® System in June 2019, representing a 10.4 per cent increase ... More
7/3/2019 | Posted in Commercial Real Estate by Terra Realty
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The Greater Toronto Area will see approximately 2.2 million square feet of new office space by the end of the year, but this would not be nearly ... More
7/3/2019 | Posted in Canadian Economy and Interest Rates by Terra Realty
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The Bank of Canada will start cutting its key lending rate in October as annual economic growth slows to one per cent in 2020, according to Capital Economics. ... More
6/30/2019 | Posted in Holidays and Traditions by Terra Realty
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Smile, laugh and enjoy ... It is Canada Day!!!! ... More
6/28/2019 | Posted in Rental Market by Terra Realty
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The average monthly rental rate in Canada increased by four per cent in May following two months of declines, but demand for apartments is expected to remain strong according to a ... More
6/28/2019 | Posted in Canadian Housing Market by Terra Realty
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Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More
6/27/2019 | Posted in New Developments by Terra Realty
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There was strong activity in the Greater Toronto Area’s new homes market in May: 4,794 new homes were sold in the month, up 94% from ... More
6/26/2019 | Posted in Toronto News by Terra Realty
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Oxford Properties Group is planning a US$3.5 billion development in downtown Toronto that would be one of Canada’s biggest real estate projects. ... More
6/24/2019 | Posted in Canadian Housing Market by Terra Realty
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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
6/20/2019 | Posted in Canadian Economy and Interest Rates by Terra Realty
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Canadian inflation quickened in May on increases across all eight major components, giving the Bank of Canada plenty of scope to hold interest ... More
6/19/2019 | Posted in First Time Home Buyers by Terra Realty
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While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ... More
6/18/2019 | Posted in Home Buyers by Terra Realty
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The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ... More
6/17/2019 | Posted in Mortgages and Real Estate by Terra Realty
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The Canadian mortgage market continues to suffer from the impact of lower home sales in major markets as the stress tests weaken homebuyers’ abilities. ... More
6/17/2019 | Posted in Canadian Housing Market by Terra Realty
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019. ... More
6/16/2019 | Posted in Holidays and Traditions by Terra Realty
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To all awesome dads, step dads, grandpas, soon-to-be-dads : Hope you have a great day enjoying your favourite things! ... More
