At the end of 2018, I wrote about the idea of reducing or repealing the mortgage stress test. Now I want to suggest some possible amendments that would make the stress test more fair now that interest rates are rising and home prices are still high.
Sotheby’s International Realty Canada just released its Top-Tier Real Estate Report, a bi-annual study reporting on $1 million+ home sales activity in Vancouver, Calgary, Montreal, and the Greater Toronto Area.
It looks like we’re in for another year of strong activity in the high-end condo market. Sotheby’s International Realty Canada released its Top-Tier Real Estate Report today, predicting sellers’ market conditions in the condo market.
We chatted with Ben Myers, President of Bullpen Research & Consulting Inc., to learn more about what’s in the cards for 2019. We touch on rising rates, the stress test, the rental market, soaring home prices, and more.
Have you made any New Year’s resolutions yet? A big one for many people is to buy a new home (or buy their first home). It’s easier said than done, especially in select markets across the Greater Toronto Area.