Real Estate News, Articles, Reports, Analysys & Trends

5/6/2021 | Posted in Home Buyers by Amolak Dhindsa
SHARE

Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold.

... More

You got turned down for a mortgage? Here's what to do

5/5/2021 | Posted in GTA Real Estate by Amolak Dhindsa
SHARE

Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. ... More

The Pace of GTA Home Sales Slows In April

5/4/2021 | Posted in Toronto Real Estate by Amolak Dhindsa
SHARE

Toronto’s downtown condominium segment is staging a comeback with sales nearing pre-pandemic levels.

... More

New Toronto condo sales near pre-pandemic levels

5/1/2021 | Posted in Mortgage Advice by Amolak Dhindsa
SHARE

Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval.

... More

A Pre-Approval Does Not Guarantee a Mortgage Approval

5/4/2021 | Posted in First Time Home Buyers by Amolak Dhindsa
SHARE

Long-awaited tweaks to the government’s First-Time Home Buyer Incentive came into effect on Monday.

... More

First-Time Home Buyer Incentive 2.0 Now Available

5/4/2021 | Posted in Ontario Real Estate by Amolak Dhindsa
SHARE

If you thought Canadian residential detached and semi-detached prices were out of control, take a look at Ontario’s cottage country.

... More

Rural rush - the real housing bubble is in Ontario's cottage country

5/4/2021 | Posted in Commercial Real Estate by Amolak Dhindsa
SHARE

Growing e-commerce sales, coupled with the need for greater inventory space, continue to stimulate the industrial property market in the Greater Toronto Area, according to ... More

What continues to drive the GTA industrial segment

5/4/2021 | Posted in Home Buyers by Amolak Dhindsa
SHARE

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate ... More

Courts show little empathy for failed purchasers

5/1/2021 | Posted in Canadian Housing Market by Amolak Dhindsa
SHARE

TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year.

... More

House Price Growth to Cool by End of Year: TD

4/30/2021 | Posted in Home Buyers by Amolak Dhindsa
SHARE

Effective June 1, the federal mortgage stress test increases to 5.25 per cent, or about four times higher than what major lenders are actually charging

... More

Mortgage stress test gets more stressful on June 1

5/3/2021 | Posted in Condo Market by Amolak Dhindsa
SHARE

Toronto had 125 cranes actively working on multiresidential towers in March, according to the RLB Crane Index, dwarfing the total of any other North American city.

... More

Toronto residential tower boom shows no signs of slowing

4/27/2021 | Posted in Home Owners by Amolak Dhindsa
SHARE

If you’re like most Canadians, you’re more likely to tackle a home renovation than sell your current house and buy another or purchase an investment property.

... More

Canadians investing in their homes

4/27/2021 | Posted in First Time Home Buyers by Amolak Dhindsa
SHARE

Effective May 3, 2021, the Federal Government will be expanding the First Time Home Buyer Incentive program to enhance eligibility in Toronto, Vancouver and Victoria Census ... More

First Time Home Buyer Incentive Program Expansion

4/23/2021 | Posted in Canadian Economy and Housing Market by Amolak Dhindsa
SHARE

Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps ... More

More supply needed to ease housing price crunch, but always more to do, Freeland says

4/23/2021 | Posted in Toronto Real Estate by Amolak Dhindsa
SHARE

Toronto’s condo market, battered by a pandemic that sent city residents looking for more space, is bouncing back.

... More

Toronto's condo market springs to life with 80% jump in sales

4/23/2021 | Posted in First Time Home Buyers by Amolak Dhindsa
SHARE

The mass urban exodus that has been observed in Toronto and across Canada throughout the pandemic doesn't appear to be slowing down anytime soon, and a new survey confirms ... More

More than half of first-time buyers in Ontario plan to buy their first home in the suburbs

4/22/2021 | Posted in Home Sellers by Amolak Dhindsa
SHARE

Home prices in many Canadian markets have climbed to records during the pandemic, but it seems the majority of homeowners are planning to stay the course, and haven’t yet ... More

Low interest rates not motivation enough to list home for most Canadians: Poll

4/22/2021 | Posted in Interest Rates by Amolak Dhindsa
SHARE

Bank of Canada announced that it will hold its target for the overnight rate at the effective lower bound of 0.25%, and that it will be adjusting its weekly net purchases of ... More

Bank of Canada makes rate announcement

4/22/2021 | Posted in Commercial Real Estate by Amolak Dhindsa
SHARE

Greater Toronto Area (GTA) commercial real estate investment hit a record $6.07 billion in the first quarter, surpassing the previous Q1 record of $5.77 billion set in ... More

Record Q1 for CRE investment in Greater Toronto Area

4/21/2021 | Posted in Rental Market by Amolak Dhindsa
SHARE

The vacancy rate in newer apartment buildings is now six times higher than it was immediately prior to the COVID-19 pandemic but there are increasing signs that the exodus from ... More

Exodus from downtown condo rentals may have stopped

4/21/2021 | Posted in Canadian Economy and Interest Rates by Amolak Dhindsa
SHARE

The Bank of Canada announced that it will pare back asset purchases by one-quarter and indicated that it’s moving up its expected timeline for interest-rate hikes, citing ... More

Bank of Canada pares bond purchases, sees rate hikes earlier

4/21/2021 | Posted in Foreign Buyers by Amolak Dhindsa
SHARE

A provision in the latest budget proposal by the Liberal government will impose a new tax aimed at foreign owners of Canadian residential real estate, should the budget get ... More

Liberal budget proposal takes aim at foreign property owners

4/21/2021 | Posted in Commercial Real Estate by Amolak Dhindsa
SHARE

Despite mounting pandemic pressures, Canada’s commercial assets remained a focus of investor activity over recent months, according to a new study by Altus Group.

... More

Altus Group: Canadian commercial market continues to magnetize investors

4/20/2021 | Posted in First Time Home Buyers by Amolak Dhindsa
SHARE

The ongoing surge in home prices across the country is discouraging a large number of young non-homeowners, many of whom say they’re giving up on the dream of ... More

High Home Prices a Growing Obstacle for First-Time Buyers

4/19/2021 | Posted in Mortgages and Real Estate by Amolak Dhindsa
SHARE

The pace of mortgage borrowing continued to slow in February, according to data from Statistics Canada.

... More

Mortgage growth eases in February: StatsCan
Ask Amolak Dhindsa

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 4 + 8 =