Real Estate News & Articles

1/14/2022 | Posted in Ontario Real Estate by Bashar Mahfooth
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Ontario would need to build 650,000 more homes just to get to the national average. ... More

Real Estate & Mortgage News

1/14/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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The aggregate price of a home in Canada increased 17.1 per cent year-over-year to $779,000 in the fourth quarter of 2021 according to a new report.  ... More

Real Estate & Mortgage News

1/13/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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Investors accounted for nearly 20 per cent of home purchases dating back to 2014, a figure that has rapidly outpaced other types of buyers during the COVID-19 pandemic. ... More

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1/13/2022 | Posted in Toronto Living by Bashar Mahfooth
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Torontonians could see a significant property tax hike for the first time in years. ... More

Real Estate & Mortgage News

1/13/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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Speculative investing in residential real estate has become an important concern, prompting Canadians to overbid on properties ... More

Real Estate & Mortgage News

1/13/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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A new report from Scotiabank has found that Ontario, Alberta and Manitoba are the provinces facing the biggest shortages of housing in Canada. ... More

Real Estate & Mortgage News

1/12/2022 | Posted in Interest Rates by Bashar Mahfooth
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Economists at J.P. Morgan expect the Bank of Canada will raise its benchmark interest rate at its Jan. 26 meeting, ahead of the central bank’s own timeline for liftoff. ... More

Real Estate & Mortgage News

1/12/2022 | Posted in Luxury Real Estate by Bashar Mahfooth
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A new report says the country's biggest markets broke records in 2021, led by the Greater Toronto Area. ... More

Real Estate & Mortgage News

1/12/2022 | Posted in Interest Rates by Bashar Mahfooth
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Bank of Canada needs to take “rapid action” with multiple interest rate increases to bring inflation under control. ... More

Real Estate & Mortgage News

1/11/2022 | Posted in Canadian Economy and Interest Rates by Bashar Mahfooth
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Robust jobs market recovery in December might sufficiently motivate the Bank of Canada to implement rate hikes sooner. ... More

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1/6/2022 | Posted in GTA Real Estate by Bashar Mahfooth
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A record 121,712 sales were reported through TRREB’s MLS® System in 2021 – up 7.7 per cent from the previous 2016 high of 113,040 and up 28 per cent compared to ... More

Real Estate & Mortgage News

1/5/2022 | Posted in Commercial Real Estate by Bashar Mahfooth
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Development land is getting harder and harder to find in the Greater Toronto Area (GTA) and investors are willing to pay a premium for it, especially if the property has already ... More

Real Estate & Mortgage News

1/3/2022 | Posted in Toronto Real Estate by Bashar Mahfooth
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Skyrocketing home prices in Toronto have been making headlines for years, but we are now firmly established as one of the most overvalued housing markets globally, a grim ... More

Real Estate & Mortgage News

1/3/2022 | Posted in Ontario Real Estate by Bashar Mahfooth
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If you are a landlord or renting in Ontario, click for more info on the rent increase guideline for 2022. ... More

Real Estate & Mortgage News

1/1/2022 | Posted in Canadian Housing Market by Bashar Mahfooth
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The Omicron variant of COVID-19 will likely act as a stimulant to Canada’s residential real estate market in 2022. ... More

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1/1/2022 | Posted in GTA Real Estate by Bashar Mahfooth
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How will the GTA real estate market perform in the coming months and years? ... More

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12/30/2021 | Posted in Condos For Sale by Bashar Mahfooth
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Useful information for those thinking of buying a new home or condominium in Ontario for the first time. ... More

Real Estate & Mortgage News

12/30/2021 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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For the second straight year—and in the face of an ongoing pandemic—the Canadian real estate market has continued to defy gravity. ... More

Real Estate & Mortgage News

12/29/2021 | Posted in Ontario News by Bashar Mahfooth
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A number of changes to laws and regulations will come into effect in Ontario next year. ... More

Real Estate & Mortgage News

12/29/2021 | Posted in Mortgages and Real Estate by Bashar Mahfooth
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By all accounts the Bank of Canada is set to make money more expensive in 2022 ... More

Real Estate & Mortgage News

12/28/2021 | Posted in Commercial Real Estate by Bashar Mahfooth
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The recently released Morguard Corporation 2022 Canadian Economic Outlook and Market Fundamentals Report forecasts recovery and growth for Canada’s commercial real estate ... More

Real Estate & Mortgage News

12/24/2021 | Posted in Commercial Real Estate by Bashar Mahfooth
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The off-market transaction involves three parcels at 101/189/205 Doney Crescent. It’s situated along Highway 407 near Keele Street, bordering the CN MacMillan railyard, and ... More

Real Estate & Mortgage News

12/23/2021 | Posted in Ontario News by Bashar Mahfooth
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Ontario will cover up to 50 per cent of the property taxes and energy costs of eligible businesses while they're affected by public health restrictions. ... More

Real Estate & Mortgage News

12/22/2021 | Posted in Canada Living by Bashar Mahfooth
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Municipalities should rezone broadly to allow more density and Canada should temporarily ban foreign buyers to help alleviate the housing affordability crunch faced by residents, ... More

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12/22/2021 | Posted in Foreign Buyers by Bashar Mahfooth
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Housing minister's new mandate to dissuade property flipping and foreign speculators aimed at reining in home prices ... More

Real Estate & Mortgage News

12/22/2021 | Posted in Commercial Real Estate by Bashar Mahfooth
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The fundamentals of Canada's commercial real estate has an optimistic outlook according to the property management and investment firm ... More

Real Estate & Mortgage News

12/21/2021 | Posted in Home Buyers by Bashar Mahfooth
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Mortgages continued to lead all forms of credit growth as of the second quarter, rising over 45% compared to pre-pandemic levels, new data shows. ... More

Real Estate & Mortgage News

12/19/2021 | Posted in Interest Rates by Bashar Mahfooth
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With inflation surging, the Bank of Canada is likely to change its interest rate guidance in the new year so that it has the option to raise borrowing costs earlier than planned ... More

Real Estate & Mortgage News

12/17/2021 | Posted in Home Buyers by Bashar Mahfooth
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OSFI confirms Minimum Qualifying Rate for uninsured mortgages. ... More

Real Estate & Mortgage News

12/17/2021 | Posted in Canada Living by Bashar Mahfooth
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Fewer Canadians say they are in debt this year, despite the financial hardships that have accompanied the ongoing COVID-19 pandemic. ... More

Real Estate & Mortgage News
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