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Mario & Mimma Volpentesta

  7/24/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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GTA home sales are down, but may be more short-term bump than long-term correction. ... More

Real Estate & Mortgage News

  7/14/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Despite a cooling market due to Ontario’s housing plan, Toronto is still expected to close out the year with impressive price gains. ... More

Real Estate & Mortgage News

  7/14/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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The GTA real estate market had already begun to cool off before the Bank of Canada raised its benchmark rate Wednesday. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  6/29/2017 | Posted in Toronto News by Mario & Mimma Volpentesta
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Toronto’s Port Lands is to receive $1.185 billion of funding for development of a new downtown neighbourhood. The federal, provincial and municipal governments, ... More

Real Estate & Mortgage News

  6/7/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Is that for real? Toronto may soon become a buyer's market, according to RBC. ... More

Real Estate & Mortgage News

  6/6/2017 | Posted in GTA Real Estate by Mario & Mimma Volpentesta
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Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home price in the region fell about six per ... More

Real Estate & Mortgage News

  6/5/2017 | Posted in GTA Real Estate by Mario & Mimma Volpentesta
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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 10,196 sales through TREB’s MLS® System in May 2017 ... More

Real Estate & Mortgage News

  6/5/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto’s overheated housing market has cooled rapidly since the Ontario government announced a suite of new housing measures in April, with average prices dropping 6 per ... More

Real Estate & Mortgage News

  5/25/2017 | Posted in GTA Real Estate by Mario & Mimma Volpentesta
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On April 20th 2017 the Ontario government introduced their Fair Housing Plan which included a 15% tax on homes purchased by foreign (non-resident) buyers. The provincial ... More

Real Estate & Mortgage News

  5/23/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ... More

Real Estate & Mortgage News

  5/19/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto real estate performance in April -- specifically the uptick in new listings -- is a seasonal blip in the market's radar, according to leading agents. ... More

Real Estate & Mortgage News

  5/2/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More

Real Estate & Mortgage News

  4/12/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether? ... More

Real Estate & Mortgage News

  4/8/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ... More

Real Estate & Mortgage News

  4/8/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Interest rates, lack of supply, speculators and foreign buyers may all be contributing to rapid price growth. ... More

Real Estate & Mortgage News

  4/6/2017 | Posted in Real Estate Market by Mario & Mimma Volpentesta
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Royal Bank's CEO said he's "increasingly concerned" about the Toronto and Vancouver housing markets and would welcome government intervention in the ... More

Real Estate & Mortgage News

  4/5/2017 | Posted in GTA Real Estate by Mario & Mimma Volpentesta
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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in ... More

Real Estate & Mortgage News

  4/4/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Governments may have to impose more measures to cool Toronto’s housing market if prices remain “overheated” after the spring buying season, said Bank of Nova ... More

Real Estate & Mortgage News

  3/31/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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With Toronto housing getting harder and harder to afford, governments are under pressure to “do something” – always a dangerous moment. Several ideas are ... More

Real Estate & Mortgage News

  3/31/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto Mayor John Tory says he is open to following Vancouver’s lead by imposing a tax on vacant homes to crack down on speculators, as pressure mounts on governments of ... More

Real Estate & Mortgage News

  3/28/2017 | Posted in Ontario Real Estate by Mario & Mimma Volpentesta
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Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable. ... More

Real Estate & Mortgage News

  3/27/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More

Real Estate & Mortgage News

  3/13/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Recent house price increases in Toronto are being driven by demand from foreign and domestic buyers who are caught up in a bubble of growing price expectations, and are not due ... More

Real Estate & Mortgage News

  3/5/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ... More

Real Estate & Mortgage News

  3/3/2017 | Posted in GTA Real Estate by Mario & Mimma Volpentesta
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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in ... More

Real Estate & Mortgage News

  2/28/2017 | Posted in Toronto Real Estate by Mario & Mimma Volpentesta
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Bubble. What bubble? Toronto's soaring home prices are in line with the reality of other world cities such as New York, Hong Kong and ... More

Real Estate & Mortgage News
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