Will 2018 be a volatile year for the GTA housing market? Or will buyers, sellers and investors experience flat prices and the positive impact of recent Government intervention, a hot rental market and the rate increase by the Bank of Canada?
At any one time, the GTA real estate market can be impacted by several factors. While something as broad as the economy will have a direct impact, there are other factors driving or impeding a market that tends to receive less attention.
To understand what can cause...
With the recent events in North America and abroad, Canada has opened its doors to a wave of immigrants seeking a safer home and opportunity. As newcomers settle in cities like Toronto and Vancouver, they are having a prominent effect on the economy, which in turn,...
TORONTO, Sept. 15, 2017 /CNW/ - Mortgage Company of Canada (the "Company"), a Toronto-based Mortgage Investment Corporation ("MIC"), today announced that it will issue a second quarter bonus dividend of $0.0091 a share. The dividend will be paid on or about September 25, 2017 to all shareholders of record...
Rarely in the history of Canada’s housing market have we seen anything quite like what Toronto has gone through in the last few years: soaring costs, unbelievable bidding wars and a ripple effect on the rental market that has produced national headlines.
While this has confused some...
For years, the pundits along with many in relevant industries have called for a crash of varying degrees in the GTA housing market. Despite some red flags along that way, the market continues to be strong and provide both a return and opportunity for investors and...