Translate My Website
| Bookmark and Share | + Bookmark Website
Connect on LinkedIN
News Centre
Canada's hot housing markets 'ripe for correction,' TD says
Friday, June 17, 2016
Canada's hottest housing markets are "ripe for a correction," a major bank is cautioning. In its latest quarterly economic forecast, TD Bank said that while housing investment currently remains strong, "the party will come to an end."
Buy first, then sell? Or vice versa?
Tuesday, June 14, 2016
You are now in the grips of looking for a new home for any number of reasons. You have been transferred, you are expecting your first child or you are blending new families together. So you will find yourself facing the eternal question of what to do first: Buy the new home, or sell the old one? This is a very tricky juggling of two mutually exclusive and independent events.
Despite warnings and precedents, the housing market defies knowing
Monday, June 13, 2016
It's easy to forget how long the housing boom in Vancouver and Toronto has been building. The answer is: a generation. Except for a short freeze-up after Lehman Brothers collapsed, it’s pretty much been up for 20 years. Even the brutal Toronto real estate collapse of the early 1990s has been long forgotten.
Canada Should Tighten Rules to Mitigate Housing Risks, OECD Says
Monday, June 13, 2016
Canada should consider further housing-market restrictions to avoid a crash, the Organisation for Economic Cooperation and Development said, adding another voice to the recent chorus of those warning rapid price gains may be unsustainable.
Bubble or not, here's how homeowners can avoid financial ruin when rates rise
Monday, June 6, 2016
Roughly half a million first-time homebuyers are living close to the margin and could be in a dire financial situation when interest rates go higher. However, mortgage industry veteran Will Dunning argues threats of higher interest rates have been echoed since 2008 -- and rather than going higher, they have actually fallen.
Record home sales in Toronto and Vancouver intensify fears of overheating
Friday, June 3, 2016
While some still only cautiously refer to Canada’s hottest housing markets as being in a “B-Word”, Ryan Lewenza says “bubble” very clearly describes the trend in Vancouver and Toronto real estate.
A home's listing price is a form of marketing
Sunday, May 29, 2016
Would-be buyers must do some research to discover the true value of a home.
New home-building rules are leaving millennials out in the cold
Saturday, May 28, 2016
The province is not recognizing the strong demand for lowrise housing from young people, writes RealNet Canada Inc. founder George Carras.
Growing number of Canadians struggle to pay mortgage
Wednesday, May 25, 2016
The average mortgage debt in Canada increased to $181,000 from $175,000 since last fall, according to a recently released Manulife Bank study.
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?

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

Not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.      Privacy Policy

The material provided in the pages of this website is for informational purposes only. Although the site owner and creators assume the information to be correct, and attempt to keep information in the pages of this website as current as possible, they do not warrant the accuracy or completeness of any information included in or linked to this page.
©1999-2016®. All Rights Reserved.