Author: inboks
By Sammy Hudes The Toronto Regional Real Estate Board said 5,057 homes changed hands last month, down 2.1% year-over-year, while sales also fell 1.3% from July on a seasonally adjusted basis. The average… Read more at www.canadianmortgagetrends.com
By Daniel Johnson Home resales have been on a “winning streak since April,” the report said, with inventory levelling off and prices showing signs of stabilizing. There is room for gradual progress… Read more at www.canadianmortgagetrends.com
By Daniel Johnson The organization said Tuesday home sales last month totalled 43,578, down 5.3% from the previous year. On a seasonally adjusted basis, activity was up 0.5% compared with June this… Read more at www.canadianmortgagetrends.com
National Bank says the mortgage payment on a representative home fell to 51.1% of median income, although affordability remains well below historical norms. Read more at www.canadianmortgagetrends.com
H&R Real Estate Investment Trust says it has agreed to sell all of its assets to GO Residential Real Estate Investment Trust for around $6.7 billion and a consortium of other companies, including U.S. private… Read more at www.canadianmortgagetrends.com
B.C. home sales fell 6.7% from a year earlier in July as continued weakness in the Lower Mainland outweighed monthly gains across most other regions, according to the British Columbia Real Estate… Read more at www.canadianmortgagetrends.com
About one-third of Canada’s social and affordable rental units were rated in fair or poor condition in 2025, according to Canada Mortgage and Housing Corporation’s latest Social and Affordable Housing… Read more at www.canadianmortgagetrends.com
By Sammy Hudes That marks the 22nd consecutive month of year-over-year declines in the average cost being sought by landlords, according to the latest monthly analysis from Rentals.ca and… Read more at www.canadianmortgagetrends.com
Astonishing but true: homeowner associations (HOAs) pay a federal tax rate of 30% on interest on reserve accounts. The tax rate—far higher than the average personal income tax or even the rate corporations pay— is an unjustifiable… Read more at condowonk.com
Greater Toronto home prices wiped out gains made in the first five months of 2026 in a matter of weeks. Toronto Regional Real Estate Board (TRREB) July data shows prices fell to their lowest point in over five years. Both home sales… Read more at betterdwelling.com