Real Estate News & Articles
11/30/2021 | Posted in Toronto Living by Mario, Mimma & Peter Volpentesta
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Toronto is ranked the second best place to relocate in Canada in a recent global report. ... More
12/3/2021 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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Home sales reached a new record for the month of November, and the average selling price also reached a new all-time high. New listings were down substantially compared to last ... More
12/2/2021 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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Residential real estate remains an investment winner amid anticipation of another year of heat for the nationwide housing market. ... More
12/2/2021 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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The average new mortgage being taken out by today’s borrowers surged considerably as of the third quarter, reports Equifax. ... More
12/1/2021 | Posted in Canadian HELOC by Mario, Mimma & Peter Volpentesta
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HELOC debt has also increased at a much faster rate compared to GDP, official figures indicate ... More
11/19/2021 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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A smart industrial hub extending beyond the Greater Toronto Area (GTA) into much of Southern Ontario isn’t just changing the way business is being done, but also the ... More
11/25/2021 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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With real estate prices continuing to rise in Canada, having a financial leg up from the Bank of Mom and Dad is a significant advantage in today’s market. ... More
11/25/2021 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Canadian housing prices are set to surge again in the coming months as investors and first-time buyers scramble to buy before interest rates go up, ignoring a warning from the ... More
11/24/2021 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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The Bank of Canada is warning a rush of investors into the country’s housing market this year has fueled prices and heightened the risk of a correction. ... More
11/22/2021 | Posted in Home Buyers by Mario, Mimma & Peter Volpentesta
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Canada’s red-hot housing markets could cool down in the second half of next year, according to a prominent Bay Street economist, as many buyers rush to buy now before the ... More
11/19/2021 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing. ... More
11/18/2021 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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The market is benefiting from greater confidence in its long-term prospects ... More
11/16/2021 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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Governor says team remains focused on inflation target as risks around price pressures increase ... More
11/15/2021 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales have already set a new annual record in 2021. ... More
11/12/2021 | Posted in Rental Market by Mario, Mimma & Peter Volpentesta
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As the work-from-home trend continues more people could be moving just outside of Toronto. ... More
11/12/2021 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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Reverse mortgages are gaining traction as more Canadians want to stay in their homes during retirement. ... More
11/9/2021 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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Hamilton had a record-breaking $434.42 million in commercial real estate transactions in the third quarter and is on pace for a record year. ... More
11/11/2021 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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The tech industry has been responsible for a large chunk of office leasing during the pandemic and Toronto leads the way in North America for tech job growth, according to ... More
11/9/2021 | Posted in Home Buyers by Mario, Mimma & Peter Volpentesta
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When it comes to Ontario homeowners, a mere 11.4% of young adults across the province own their own homes. ... More
11/8/2021 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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Existing home owners could face sensitivity to rising rates, with about $350 billion worth of mortgages set for repricing in the next year ... More
11/5/2021 | Posted in Home Buyers by Mario, Mimma & Peter Volpentesta
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For many people, building their own homes is a solution to help them get exactly what they want. ... More
11/2/2021 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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The Bank of Canada will likely raise its benchmark interest rate four times by 2024. ... More
11/3/2021 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Supply remained very tight amid the second-best October for sales on record ... More
11/2/2021 | Posted in New Developments by Mario, Mimma & Peter Volpentesta
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It's only getting more expensive to buy a home in the Greater Toronto Area ... More
11/3/2021 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October. ... More
10/30/2021 | Posted in Rental Market by Mario, Mimma & Peter Volpentesta
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Here is the latest on the Greater Toronto Area Rental Apartment Market ... More
11/2/2021 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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The Bank of Canada struck a positive tone on Canada’s economic recovery from the COVID-19 pandemic in its most recent interest rate announcement, with Governor Tiff ... More
11/2/2021 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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A prominent Bay Street economist said homebuyers should start preparing sooner rather than later. ... More
11/1/2021 | Posted in New Developments by Mario, Mimma & Peter Volpentesta
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Urbanation reports that new condo apartment sales in the Greater Toronto Area increased 22 per cent from Q3-2020 to Q3-2021, from 6,386 units to a total of 7,773 units ... More
10/29/2021 | Posted in Home Buyers by Mario, Mimma & Peter Volpentesta
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A proposed Home Buyers’ Bill of Rights would address a notable trend that’s emerged in a red-hot market ... More
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