While Toronto’s housing boom rolls on, some of the housing itself is falling apart
October 13, 2014 by Adil Virani
Filed under Home Series, Latest News, Latest Rates, Mortgage FAQ, Recent News, Selling Your Home, Vancouver Mortgage Broker
While Toronto’s housing boom rolls on, some of the housing itself is falling apart TORONTO — Toronto has more than 100,000 units under construction as developers and investors seek to cash in on condo prices that are up 25.7% in the city over the past five years. The trouble is, many buildings are so poorly […]
Luxury home sales expected to climb: study – Ask a Vancouver Mortgage Broker
September 12, 2013 by Adil Virani
Filed under Recent News
Sales of luxury homes will likely gain momentum in the fall, fuelled by demand from international investors, according a new report from real estate sales and marketing company Sotheby’s International Realty Canada. The company said Tuesday that sales of high-end homes worth at least $1 million were up in major Canadian urban markets in the […]
Bank of Canada maintains overnight rate target at 1 per cent
March 10, 2011 by Adil Virani
Filed under Latest News, Latest Rates, Mortgage FAQ, Recent News
The Bank of Canada announced that it is maintaining its target for the overnight rate at 1 per cent. In its decision, the Bank showed caution in the face of an improving Canadian economy. “The recovery in Canada is proceeding slightly faster than expected, and there is more evidence of the anticipated rebalancing of demand,” […]