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Mario & Mimma Volpentesta

Real Estate News & Articles

9/22/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto’s condo boom is surprising many observers with its resilience even as prices of detached homes slump. However, recent interest rate hikes and rent control ... More

Real Estate & Mortgage News

9/22/2017 | Posted in Foreign Buyers by Mario & Mimma Volpentesta
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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More

Real Estate & Mortgage News

9/22/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... More

Real Estate & Mortgage News

9/22/2017 | Posted in Financial Health by Mario & Mimma Volpentesta
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Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication. ... More

Real Estate & Mortgage News

9/19/2017 | Posted in Financial Health by Mario & Mimma Volpentesta
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In its latest data release, Statistics Canada announced that the amount Canadians owed compared with their disposable income climbed higher in the second quarter. ... More

Real Estate & Mortgage News

9/19/2017 | Posted in Mortgages and Real Estate by Mario & Mimma Volpentesta
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Last year’s mortgage rule changes placed roadblocks in front of millions of would-be buyers, but increased rates and future regulatory action may prove even more ... More

Real Estate & Mortgage News

9/18/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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If current trends are any indication, Canada’s hotel segment is now ready for intensified expansion to accommodate strong demand, according to market observers. ... More

Real Estate & Mortgage News

9/18/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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There was a small increase in national home sales in August, reversing a four-month trend of decline, as the GTA rebounded. ... More

Real Estate & Mortgage News

9/18/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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A housing market outlook from RBC Economics is calling for a decline in resales for 2017 and 2018 and a deceleration of price rises. ... More

Real Estate & Mortgage News

9/15/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

Real Estate & Mortgage News

9/15/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017. ... More

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9/15/2017 | Posted in Ontario Real Estate by Mario & Mimma Volpentesta
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The number of non-resident owners of real estate in The Greater Golden Horseshoe has declined since the introduction of Ontario’s Fair Housing Plan in the spring. ... More

Real Estate & Mortgage News

9/14/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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The ratio of Toronto house listings compared with monthly sales has moved back into long-term balance, limiting the potential for significant further price corrections in the ... More

Real Estate & Mortgage News

9/14/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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National housing market to see no more than 1.3% annual price gains but Toronto may buck the trend because of strong demand than flies in the face of affordability. ... More

Real Estate & Mortgage News

9/14/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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In August the Teranet-National Bank National Composite House Price Index™  was up 0.6% from the previous month, less than the average 0.7% gain for ... More

Real Estate & Mortgage News

9/13/2017 | Posted in Toronto News by Mario & Mimma Volpentesta
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The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing. ... More

Real Estate & Mortgage News

9/12/2017 | Posted in Mortgage News by Mario & Mimma Volpentesta
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The number of Canadians who applied for a fixed-rate mortgage in August saw a substantial spike, with 59.31% of users on the LowestRates.ca website opting for a fixed-rate ... More

Real Estate & Mortgage News

9/12/2017 | Posted in Financial Health by Mario & Mimma Volpentesta
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Canadian consumers can expect to feel some financial effects following the Bank of Canada's decision to raise the key interest rate. ... More

Real Estate & Mortgage News

9/11/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July ... More

Real Estate & Mortgage News

9/7/2017 | Posted in Mortgage Interest Rates by Mario & Mimma Volpentesta
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Canada’s big banks were quick to announce increases to their prime lending rates to 3.2% Wednesday. ... More

Real Estate & Mortgage News

9/6/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More

Real Estate & Mortgage News

9/6/2017 | Posted in Mortgage Interest Rates by Mario & Mimma Volpentesta
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The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be ... More

Real Estate & Mortgage News

9/6/2017 | Posted in Home Buyers by Mario & Mimma Volpentesta
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Is upgrading your home a serious thought? This might be the perfect time to buy up in the GTA. ... More

Real Estate & Mortgage News

9/6/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto Real Estate Board President Tim Syrianos announced that Greater Toronto Area REALTORS® reported 6,357 home sales through TREB’s MLS® System in August ... More

Real Estate & Mortgage News

9/6/2017 | Posted in Financial Health by Mario & Mimma Volpentesta
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Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans. ... More

Real Estate & Mortgage News

9/1/2017 | Posted in Ontario Real Estate by Mario & Mimma Volpentesta
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Ontario tenants will have additional protection from eviction starting Friday, September 1, 2017; when a landlord ends a tenancy to have family members move in, people evicted ... More

Real Estate & Mortgage News

9/5/2017 | Posted in GTA Real Estate by Mario & Mimma Volpentesta
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If you’re in the market for a new home and think you’ll get a better deal if you just wait for prices to come down, you may want to think again. ... More

Real Estate & Mortgage News

9/1/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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Canada has seen the fastest house-price growth among the major economies of the G20, a new report says. But with Toronto's housing market entering a slowdown, it's ... More

Real Estate & Mortgage News

9/1/2017 | Posted in Mortgage Interest Rates by Mario & Mimma Volpentesta
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The economy is growing at the fastest pace in 15 years and that has some analysts changing their calls for a Bank of Canada hike from October to next week. ... More

Real Estate & Mortgage News

8/30/2017 | Posted in Foreign Buyers by Mario & Mimma Volpentesta
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The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank. ... More

Real Estate & Mortgage News
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