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What to know about renewing or refinancing your mortgage
Wednesday, May 18, 2016
Becoming a first-time homeowner can often be a harrowing experience, but many find the moment that their first mortgage term expires to be equally nerve-racking.
Canadian home sales set record in April
Monday, May 16, 2016
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in April 2016 rose to their highest level ever.
Is it time to tax foreign property owners? CIBC economist weighs in
Thursday, May 12, 2016
The deputy chief economist at Canadian Imperial Bank of Commerce has opened up the door to the possibility of a special tax on foreign investors in residential real estate.
House bidding wars move into the suburbs
Wednesday, May 4, 2016
Canada's hottest real estate markets know no boundaries. Amidst the debates and finger-pointing, potential buyers grapple with ever-increasing home prices and this has pushed some first-time homebuyers in Toronto and Vancouver to move away from the city core and into the suburbs, sparking "crazy" bidding wars.
Average price of detached GTA house out of reach for many
Saturday, April 30, 2016
Demand for housing far outstrips supply, and more lowrise homes are needed. Supply of houses in the GTA is not able to keep pace with demand due to government intensification policies and a lack of serviced developable land.
Foreign buyers create real estate bubble risk
Friday, April 29, 2016
The federal government’s housing agency says the majority of Canada’s large housing markets are overvalued. The agency especially warns that Vancouver’s housing market it too hot.
Millennials Aren't Rushing To Buy, BMO Says
Thursday, April 28, 2016
People view buying a home as a milestone. It's a time to offer hearty congratulations, to give gifts and hold housewarming parties. Millennials, however, see a home as more of an investment than a turning point in their lives. And according to the Bank of Montreal (BMO), they're putting off the decision to buy until they feel it's the right time.
What CMHC says about every major housing market in Canada
Thursday, April 28, 2016
National agency cites troubling conditions in 10 cities
The three faces of Canada's increasingly strange housing market
Monday, April 25, 2016
Housing has split three ways in Canada: bubbly in Toronto and Vancouver, decline in the oilpatch and normal everywhere else.
Will the Latest Canadian Inflation Data Affect Our Mortgage Rates?
Monday, April 25, 2016
Last week was a slow one for economic news but we did receive our latest inflation data, for March. How does it affect mortgage rates in short term?
Spring housing market 'a whole other level of insanity'
Saturday, April 23, 2016
With the sun shining on Toronto real estate, agents and buyers are braced for a break-neck season. What's the difference between the spring of 2016 and the Toronto housing market a year ago?
Real Estate Report Offers Reason Why Canadians Don't Want To Sell Their Homes
Thursday, April 21, 2016
A new report suggests the red hot real estate markets in Vancouver and Toronto are discouraging some potential sellers from listing their homes because they're afraid of becoming buyers themselves.
Real estate markets near Toronto, Vancouver seeing outsize growth in prices
Thursday, April 21, 2016
Housing in Canada’s largest city continues to be a seven-figure proposition for even an average home, sending more and more people into satellite cities in search of better deals.
Canadians close to retirement getting tempted to sell, new data suggests
Thursday, April 21, 2016
A new poll commissioned by Re/Max suggests a majority of Canadians nearing retirement are thinking about selling their home so they can get access to the equity.
The Most Millennial-Friendly Housing Markets In Canada
Wednesday, April 20, 2016
Millennials, please adjust your homebuying aspirations. Your targets are a little off, so we've assembled Canada's most millennial friendly housing markets to help you.
A $1-million home is not the luxury it used to be in Toronto, Vancouver
Sunday, April 17, 2016
A major real estate firm plans to reclassify what constitutes luxury, saying that the current standard – $1-million or above – no longer makes sense in markets like Toronto and Vancouver, where detached homes routinely sell for more.
Canadian home sales set record in March
Friday, April 15, 2016
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted their third monthly increase and broke all previous monthly records.
CMHC releases report on foreign ownership
Thursday, April 7, 2016
The Crown Corporation released its latest Housing Markets Insight Report Thursday, which focuses on the foreign investment
Foreign buyers flocking to Toronto's downtown condo market
Thursday, April 7, 2016
The number of foreign investors in the Toronto region's condo market surged 50 per cent last year, with international buyers flocking to newly built units in the downtown core.
Will townhomes rule Toronto?
Thursday, April 7, 2016
The price gap between GTA condominium apartments and fully-detached homes is widening, making it difficult for first-time buyers to get into the market.


Harvey Kalles Real Estate Ltd., Brokerage
2145 Avenue Road - Toronto, Ontario, M5M4B2
Phone 416-441-2888       Fax 416-441-9926

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