8 results for tag "mortgage"
July 26, 2024Bank of Canada Cuts Interest Rates: A Boost for Home Buyers and the Pre-Construction Market
Bank of Canada lowers key interest rate to 4.5%, delivering back-to-back cuts
July 2, 2024Developers Offer Unprecedented Incentives to Boost Ontario's Housing Market
Developers in Ontario are offering unprecedented incentives like extended deposit structures and free amenities to boost home sales and manage high inventory levels in 2024.
June 25, 2024Desperate Banks Fearful of Shrinking Mortgage Business Are Posting More Competitive Rates
It comes at a time when the Bank of Canada’s key rate drop has led to confusion for homeowners over mortgage rates.
June 21, 2024Rate Cut Had Almost No Effect on Toronto. Housing Market, Agents Say. Here’s What It Would Take to Get It Moving Again
The recent 0.25 percentage point rate cut by the Bank of Canada had little effect on the Toronto housing market. Experts now look to further rate cuts, improved economic stability, and government incentives to revive buyer interest.
June 18, 2024Canada’s Average Home Price Fell Last Month — With Insiders Watching for a Shift Following Bank of Canada Rate Cut
Canada's home prices fell in May. Insiders watch for changes following a Bank of Canada rate cut, suggesting now might be an ideal time to invest in preconstruction projects.
June 14, 2024Future of Real Estate in Toronto: From High-Rises to Affordable Housing
Toronto's real estate market is evolving with new high-rise developments and initiatives aimed at increasing affordable housing, shaping a dynamic and inclusive urban future.
June 11, 2024Bank of Canada’s Rate Cut Could Spur Housing Demand as Toronto Home Sales Fall in May
The Bank of Canada’s recent rate cut could spark a housing market rebound in Toronto, where May home sales fell 21.7% year-over-year.
June 4, 2024Canada's Residential Mortgage Debt Climbs to $2.16 Trillion as Growth Slows to 23-Year Low: CMHC
Canada's residential mortgage debt hit $2.16 trillion in February 2024, with the slowest growth in 23 years at 3.4%, due to high mortgage costs and interest rate uncertainty.
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