Real Estate News, Articles & Corporate Announcements
2/2/2023 | Posted in Home Owners by Terra Realty
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As Canadian homeowners grapple with the Bank of Canada's flurry of interest rate hikes, one in three say they won't be able to handle higher rates for long before they are ... More

1/31/2023 | Posted in Condo Market by Terra Realty
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Multi-family housing sales in the GTHA continued its downward trend through the back half of 2022, with condo, townhouse and apartment sales levels all declining over 50 per cent ... More

1/30/2023 | Posted in Interest Rates by Terra Realty
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While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction. ... More

1/30/2023 | Posted in Canadian Economy and Housing Market by Terra Realty
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate. ... More

1/28/2023 | Posted in Commercial Real Estate by Terra Realty
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The Greater Toronto Area office market saw its vacancy reach double-digit levels during Q4 2022 amid markedly increased caution among stakeholders, who are still awaiting clarity ... More

1/27/2023 | Posted in Canada Living by Terra Realty
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Local officials and investigators say that the trend is especially apparent in two provinces ... More

1/27/2023 | Posted in Canadian Housing Market Predictions by Terra Realty
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity for 2023 and 2024. It’s predicting good news for the market in the coming year - ... More

1/27/2023 | Posted in Canadian Economy and Interest Rates by Terra Realty
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The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

1/25/2023 | Posted in Canadian Economy and Interest Rates by Terra Realty
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The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

1/25/2023 | Posted in Mortgage News by Terra Realty
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Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association. ... More

1/24/2023 | Posted in Interest Rates by Terra Realty
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The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, according to a Bank of Montreal strategist. ... More

1/20/2023 | Posted in Canadian Economy and Interest Rates by Terra Realty
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy ... More

1/19/2023 | Posted in Rental Market by Terra Realty
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New report highlights rent rate movements in major urban markets ... More

1/19/2023 | Posted in Home Owners by Terra Realty
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An increasing number of Canadians appear to be tapping into their homes for extra cash. ... More

1/16/2023 | 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 up on a month-over-month basis in December 2022. ... More

1/16/2023 | Posted in Canadian Economy and Interest Rates by Terra Realty
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"They are in a very difficult situation in which they have to tell you they are done without telling you they are done" ... More

1/14/2023 | Posted in Canadian Housing Market by Terra Realty
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Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, the ... More

1/13/2023 | Posted in Mortgage News by Terra Realty
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Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period. ... More

1/13/2023 | Posted in Canadian Housing Market by Terra Realty
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More

1/11/2023 | Posted in Canada Living by Terra Realty
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The federal government is offering a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes. ... More


1/11/2023 | Posted in Ontario News by Terra Realty
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Homeowners and renters in Ontario pay some of the most expensive fees across the country, but a few cities in the province have more affordable prices. ... More

1/11/2023 | Posted in Commercial Real Estate by Terra Realty
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In a new analysis of the Canadian commercial real estate market, the firm sees some potential for investors despite economic headwinds ... More

1/5/2023 | Posted in GTA Real Estate by Terra Realty
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Home Sales and Listings Down While Selling Price and Rent Up ... More

1/4/2023 | Posted in Foreign Buyers by Terra Realty
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Is federal policy the answer to the country's years-old housing affordability crisis? ... More

1/4/2023 | Posted in GTA Condo Market by Terra Realty
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Price corrections, launch delays and changing expectations are marking the first quarter of this year, and developers may want to get rid of balconies to save costs this year. ... More

1/3/2023 | Posted in Canada Living by Terra Realty
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New immigration numbers show Canada has again set a record for permanent residents, welcoming 431,645 new permanent residents in 2022. What are the effects of the current ... More

1/3/2023 | Posted in Commercial Real Estate by Terra Realty
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The Greater Toronto Area multi-residential investment market markedly decelerated over the course of 2022, according to Avison Young. ... More

1/3/2023 | Posted in Mortgage Interest Rates by Terra Realty
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Some industry analysts believe the time for rate hikes has come to an end. ... More

1/3/2023 | Posted in Mortgages and Real Estate by Terra Realty
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Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank of ... More
