TORONTO, ONTARIO, June 3, 2022 – Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs.
The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%.
A newcomer mortgage is a special mortgage product offered by Canadian lenders designed to make it easier for newcomers to Canada to purchase homes despite difficulties they may face.
TORONTO, ONTARIO, MAY 4, 2022 – The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis.
TORONTO, ONTARIO, April 5, 2022 – There were almost 11,000 Greater Toronto Area (GTA) home sales reported in March 2022, capping off the third-best March and second-best first quarter on record.
The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %.
TORONTO, ONTARIO, March 3, 2022 – February home sales were down compared to the all-time record in 2021 but represented the second-best result for the month of February in history.
For most Canadians in 2021, debt is a regular part of life.
TORONTO, ONTARIO, February 3, 2022 – Demand for ownership housing remained very strong from a historic perspective in January 2022.
TORONTO, ONTARIO, January 6, 2022 – 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