Asset values have almost doubled since 2018, Land & Development Conference panel hears

Variable-rate mortgage holders are in for “more pain” following the Bank of Canada’s half-expected decision to hike interest rates again.

After hitting pause on rates, growing speculation the bank is ready to hike again

GTA REALTORS® reported 7,531 sales through TRREB’s MLS® System in April 2023 – down by 5.2 per cent compared to April 2022.

With a high number of Canadians expected to retire over the next few years, the trend of younger generations inheriting their family cottages will contribute to “major ... More

Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More

The slowdown in Toronto's housing market continued to slip away last month as home sales came in higher than they were a year ago and prices edged closer to pandemic ... More

The Greater Toronto Area (GTA) housing market continued to improve from a sales perspective in May 2023.

Commercial activity in multiple asset classes held steady in Q1 2023 even as markets continued to labour under higher borrowing costs and sustained inflationary pressures, ... More

Amid interest rate hikes and high inflation, more Canadians are turning to credit for relief, with consumer debt hitting a new record in the first quarter of 2023.

While a large number of mortgage holders have seen their monthly payment rates jump over the past year due to rising interest rates, the Bank of Canada (BoC) says the impact ... More

'A change in investor behaviour is on the horizon,' report says

The past two weeks have seen a flurry of mortgage rate increases at mortgage lenders, including several of the Big 6 banks.

Higher interest rates have not been an impediment to residential investors, new report says

The Greater Toronto Area (GTA) new home market rebounded in April as sales levels started to return to “more traditional” levels, according to Altus Group and the ... More

The federal housing agency has revealed the latest industry trends

Transactions for high-density land in the Greater Toronto Area are down over 50 per cent from 2022 according to Bullpen Research & Consulting Inc. and Batory ... More

The central bank has kept the policy rate frozen at 4.5% in its two most recent meetings

Housing market growth and persistent inflation challenges are hardening expectations of an increase

Activity is ramping up across the GTA ? but challenges remain

A string of aggressive interest rate hikes from the Bank of Canada is driving short-term fixed-rate mortgage demand higher, according to a new survey.

While overall transaction activity remains relatively slow, private buyers continued to be more active than institutional investors in the first quarter, according to ...

Tiff Macklem, a former second-in-command at the Bank of Canada, is returning to the central bank to take over the top job at a moment that he says cries out for bold, ... More

Canadian banks may clamp down on HELOCs to reduce the risk of spikes in sour loans, which the banks are already bracing for

Canada’s malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail ... More

TRREB has developed a COVID-19 property tax deferral schedule for every Greater Toronto Area municipality for your convenience and use.

The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.

Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More

Acquisition of expansive properties has fallen to the wayside, but commercial real estate is poised to become an even more desirable choice for investment after the coronavirus ... More