Real Estate News, Articles & Corporate Announcements

6/15/2021 | Posted in Canadian Housing Market by Terra Realty
SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were both down between April and May 2021. ... More

Real Estate & Mortgage News

6/11/2021 | Posted in Canada Living by Terra Realty
SHARE

The net worth of Canadian households rose sharply in the first quarter, as the value of residential real estate accelerated by a record amount in the three-month period. ... More

Real Estate & Mortgage News

6/11/2021 | Posted in Real Estate Investments by Terra Realty
SHARE

Maybe you need help with your mortgage payments, property taxes, or want some extra cash flow, whatever the reason is, you're considering renting out your home. ... More

Real Estate & Mortgage News

6/10/2021 | Posted in Canadian Housing Market by Terra Realty
SHARE

Canada's housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada's biggest ... More

Real Estate & Mortgage News

6/10/2021 | Posted in Canadian Economy and Housing Market by Terra Realty
SHARE

The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds. ... More

Real Estate & Mortgage News

6/10/2021 | Posted in Canadian Housing Market by Terra Realty
SHARE

Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, according ... More

Real Estate & Mortgage News

6/9/2021 | Posted in Canadian Economy and Interest Rates by Terra Realty
SHARE

Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing ... More

Real Estate & Mortgage News

6/8/2021 | Posted in Mortgages and Real Estate by Terra Realty
SHARE

A surge in mortgage borrowing is pushing consumer debt loads higher in Canada despite falling credit card use, as households plow more money into their homes while spending less ... More

Real Estate & Mortgage News

6/3/2021 | Posted in GTA Real Estate by Terra Realty
SHARE

Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and remained below this year’s March ... More

Real Estate & Mortgage News

6/1/2021 | Posted in Home Owners by Terra Realty
SHARE

The federal government has launched a new program that offers homeowners grants to retrofit their homes and make them more energy efficient. ... More

Real Estate & Mortgage News

5/28/2021 | Posted in Real Estate Investments by Terra Realty
SHARE

Whether you’re a seasoned investor or looking to buy your first rental property, however, the tax implications of investing in real estate can be daunting. ... More

Real Estate & Mortgage News

5/28/2021 | Posted in Commercial Real Estate by Terra Realty
SHARE

Amid swelling confidence in the economy’s prospects, Canadian commercial property market conditions stabilized during the first quarter, according to Morguard’s newly ... More

Real Estate & Mortgage News

5/25/2021 | Posted in Toronto Real Estate by Terra Realty
SHARE

Home prices in the Greater Toronto Area have continued to soar, with the average selling price hitting $1,090,992 in April, a 33% ascent from last year’s $820,226, according ... More

Real Estate & Mortgage News

5/21/2021 | Posted in Canadian Economy and Housing Market by Terra Realty
SHARE

The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy. ... More

Real Estate & Mortgage News

5/20/2021 | Posted in Home Buyers by Terra Realty
SHARE

Canada’s banking watchdog is confirming it will apply tighter rules to the so-called mortgage stress test, effective June 01. ... More

Real Estate & Mortgage News

5/20/2021 | Posted in Commercial Real Estate by Terra Realty
SHARE

You might not know it by visiting the nation’s shopping centres nor by scrolling through the news, but retail sales in Canada are up from last year ... More

Real Estate & Mortgage News

5/19/2021 | Posted in Mortgages and Real Estate by Terra Realty
SHARE

The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are eased ... More

Real Estate & Mortgage News

5/18/2021 | Posted in Canadian Housing Market by Terra Realty
SHARE

Canadian home sales fell from a record in April as a resurgence of COVID-19 cases and lockdown measures slowed the country’s red hot housing market. ... More

Real Estate & Mortgage News

5/17/2021 | Posted in Canadian Housing Market by Terra Realty
SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down from March to April 2021. ... More

Real Estate & Mortgage News

5/17/2021 | Posted in Toronto Real Estate by Terra Realty
SHARE

First-time homebuyers are getting more anxious about the market. ... More

Real Estate & Mortgage News

5/17/2021 | Posted in Canadian Housing Market by Terra Realty
SHARE

The trend in housing starts was 279,055 units in April 2021, up from 272,164 units in March 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

5/14/2021 | Posted in Home Buyers by Terra Realty
SHARE

An NDP government would implement a 20% levy on home purchases made by non-residents. ... More

Real Estate & Mortgage News

5/12/2021 | Posted in Home Buyers by Terra Realty
SHARE

Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

Real Estate & Mortgage News

5/10/2021 | Posted in Commercial Real Estate by Terra Realty
SHARE

The head of one of Canada’s major office landlords said pandemic restrictions have made finding new tenants a big challenge. ... More

Real Estate & Mortgage News

5/8/2021 | Posted in Canadian Housing Market Predictions by Terra Realty
SHARE

Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity to ... More

Real Estate & Mortgage News

5/6/2021 | Posted in Home Buyers by Terra Realty
SHARE

Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold. ... More

Real Estate & Mortgage News

5/5/2021 | Posted in GTA Real Estate by Terra Realty
SHARE

Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. ... More

Real Estate & Mortgage News