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Mario & Mimma Volpentesta

  7/19/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable ... More

Suite of housing measures cooling market largely as expected: Morneau

  7/7/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More

Housing responsible for over 25% of Ontario's 2016 economic growth - report

  6/15/2017 | 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

CREA Updates Resale Housing Market Forecast

  5/11/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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With over 25 years in real estate, The Avanti Team have been around long enough to recognize trends and understand the ins and outs of buying and selling homes. In fact, they ... More

It Makes Sense Choosing a Family Team

  4/10/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The annual pace of housing starts increased more than expected in March and hit their highest level since September 2007. The Canada ... More

Canada housing starts jump to highest in almost a decade, beating expectations

  3/20/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed. ... More

Ontario urging Ottawa to change tax rules in bid to curb real estate speculation

  3/8/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More

New home construction picks up, offering latest evidence of economic momentum

  2/12/2017 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More

Canadian housing starts begin 2017 on a high, fuelled by Ontario

  12/7/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Foreign ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to ... More

Foreign ownership of Canadian condos down from 2015: CMHC

  11/11/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The talk of an empty homes tax in Vancouver is to become a reality. The city council says that it will be introduced by January 1, 2017. ... More

Leaving a home empty in Vancouver to cost at least $10,000

  11/8/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Canada Mortgage and Housing Corp. says the pace of housing starts in October slowed compared with September. ... More

Pace of housing starts slips in October compared with September: CMHC

  11/1/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons. ... More

These 5 housing markets are the ones to watch in 2017

  9/18/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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New research from property consultancy Frank Knight places Turkey atop its Global House Price Index, which tracks countries’ average house price growth. ... More

Countries with the highest house price growth

  9/13/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Toronto’s new home prices are currently outpacing Vancouver but don’t pin that on speculative investing, according to one leading economist. ... More

Vancouver passes the torch to Toronto

  9/8/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Statistics Canada says its new housing price index rose 0.4 per cent in July compared with June. ... More

Statistics Canada releases new housing price index

  8/31/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The sharp acceleration in Canadian home prices shows no sign of abating this year, though economists expect the pace will be reined in by high household debt and a growing lack ... More

Canada house prices to rise sharply on cheap money, speculation: Reuters

  6/10/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic ' fundamentals.' ... More

Toronto housing boom unsustainable, Bank of Canada says

  6/9/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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With supply issues pressuring prices in many housing markets, the number of new homes being built has declined according to two new data releases. ... More

Housing starts, building permits decline

  5/16/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in April 2016 rose to their highest level ever. ... More

Canadian home sales set record in April

  4/15/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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In March, the Teranet-National Bank National Composite House Price Index™ was up 0.8% from the previous month, the largest increase for a March since 2008. Though prices ... More

Home Prices Up 0.8% in March: Teranet - National Bank

  4/6/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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A National Bank official said that Canada’s pool of skilled young professionals is responsible for much of the demand in the country’s urban centres. ... More

Working-age population drives price growth: National Bank

  3/15/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales recorded a second consecutive month-over-month increase in February ... More

Canadian home sales push higher in February

  3/8/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The trend measure for housing starts in Canada holds steady in February. The CMHC’s housing start measure fell slightly to 198,880 in February from January’s ... More

Housing starts data revealed

  2/20/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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British Columbia will require home buyers to disclose their citizenship to help the government monitor foreign ownership and address a housing boom that has made Vancouver one ... More

British Columbia imposes citizenship disclosure for home buyers

  2/16/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rebounded in January 2016 compared to the previous month. The number ... More

Canadian home sales rebound in January

  2/8/2016 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The pace of housing starts was slower in January according to new figures from the Canada Mortgage and Housing Corp. ... More

Housing starts slowed in January except in one province

  12/15/2015 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Some 1.3 million Ontario condo dwellers will be better protected and have more rights under long-awaited new legislation. ... More

New condo rules will help 1.3M Ontarians

  12/11/2015 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Finance Minister Bill Morneau is increasing the amount homebuyers must put forward as a down payment on houses over $500,000. It's a move designed to cool off the booming ... More

Down payment rule changes

  12/2/2015 | Posted in Real Estate News by Mario & Mimma Volpentesta
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Young Canadians are wealthier than their US counterparts due to gains from real estate. That’s according to a study from TD Bank which shows that Canadian millennials ... More

House prices have made Canadian millennials wealthier : TD

  11/13/2015 | Posted in Real Estate News by Mario & Mimma Volpentesta
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The former chairman of the Federal Reserve says that Canada has some tools to cope with the hot housing market, something that was not the case in the US housing crash. ... More

Canada has 'tools' for hot housing market says former Fed chair
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