by The Baldwin England Team | Jul 22, 2022 | Market Updates
Market Update for July 22 Mortgage rates are rising, but here’s why you won’t see a rash of Canadians losing their homes. Canadians will run up their credit cards, fall behind on their utilities and juggle car payments. The one thing they don’t do in significant...
by The Baldwin England Team | Jul 15, 2022 | Market Updates
Market Update for July 15 Developers could cancel about 5,000 new condo units as construction prices rise. Toronto’s already-severe housing shortage may be heading in the wrong direction as rental and condo projects are being canceled mid-way through, and the trend...
by The Baldwin England Team | Jun 10, 2022 | Market Updates
Market Update for June 10th The Greater Toronto Area’s housing market is in the beginning stage of a price correction — one that, it could be argued, is long overdue — but the recent drop in home values could be more dramatic in some areas than others. If we look at...
by The Baldwin England Team | Jun 3, 2022 | Market Updates
Market Update for June 3 Toronto saw one of the biggest jumps in rent prices in the GTA, and experts warn a cooling housing market could mean high rental costs are here to stay. A new real estate report shows that the price of housing in the GTA has skyrocketed and...
by The Baldwin England Team | May 20, 2022 | Market Updates
Market Update for May 20th Economists are predicting that Canadian home prices will fall as much as 20 percent this year as higher interest rates begin to hit the country’s booming real estate market. Mortgage rates are expected to climb again as the Bank of Canada...
by The Baldwin England Team | May 13, 2022 | Market Updates
May 13 Market Update Canadian Senior Homeowners Borrowed $5.4 Billion In Reserve Mortgage Debt Canada’s house-rich but cash-strapped Boomers are back to tapping their home equity. Regulatory filings with the Office of the Superintendent of Financial Institutions...
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