Real Estate News & Articles
11/25/2020 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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A new report from Morguard Corporation indicates that in the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate ... More
11/25/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Almost all households with expired debt referrals have resumed payments ... More
11/24/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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But even with a bumpy road ahead, there are reasons to be optimistic. ... More
11/24/2020 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada. ... More
11/23/2020 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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Several mortgage brokers are warning of a spike in rates once bond yields recover. ... More
11/19/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Accelerated building in two major cities is largely responsible for the rebound in construction ... More
11/18/2020 | Posted in Financial Health by Mario, Mimma & Peter Volpentesta
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The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded. ... More
11/18/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent ... More
11/16/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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National home sales continued running at historically strong levels in October 2020 ... More
11/15/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Between 2009 and September 2020, home prices in Toronto and Vancouver have soared 150% and 100%, respectively. ... More
11/10/2020 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news. ... More
11/13/2020 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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The office market in Canada’s major cities experienced its largest negative quarterly net absorption in more than a decade during Q3 2020, according to JLL, totalling ... More
11/9/2020 | Posted in Canadian Economy and Housing Market by Mario, Mimma & Peter Volpentesta
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Optimism towards the Canadian housing sector’s prospects has been mounting, but the market should not count out the impact of the lingering economic lethargy brought ... More
11/9/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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The ambitious targets are an attempt to compensate for 2020's abysmal immigration numbers ... More
11/4/2020 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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Strong numbers reported today by TRREB as home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. More
10/30/2020 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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From Canada Day to the summer wind down at the end of September, buyers fanned out across Toronto's '905' suburbs and scooped up 3,834 new condo units. ... More
11/3/2020 | Posted in Canada Living by Mario, Mimma & Peter Volpentesta
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Canadian consumers are running out of cash, according to TransUnion. ... More
11/3/2020 | Posted in Condo Market by Mario, Mimma & Peter Volpentesta
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Toronto has far outstripped all other major Canadian markets in terms of condo supply growth, according to RBC Economics. ... More
11/1/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst ... More
10/29/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ... More
10/28/2020 | Posted in Canadian Economy and Interest Rates by Mario, Mimma & Peter Volpentesta
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The Bank of Canada held the rate steady at 0.25 per cent and said the country’s economy won’t fully absorb slack in the economy before 2023, suggesting it will ... More
10/15/2020 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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Canadian home prices will fall by 7% in early 2021 before steadily recovering through the rest of the year, according to a new forecast by Moody’s Analytics. ... More
10/27/2020 | Posted in Real Estate News by Mario, Mimma & Peter Volpentesta
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Altus Group says the commercial-to-residential tax ratio threatens businesses in several markets ... More
10/23/2020 | Posted in Canadian Economy and Interest Rates by Mario, Mimma & Peter Volpentesta
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Slower borrowing might lead to less consumer spending that could further delay Canada's economic recovery ... More
10/23/2020 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible ... More
10/22/2020 | Posted in Canadian Economy and Housing Market by Mario, Mimma & Peter Volpentesta
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Some economists polled by Finder expressed scepticism towards the Crown corporation's market outlook ... More
10/15/2020 | Posted in Real Estate Market by Mario, Mimma & Peter Volpentesta
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PwC's annual report dropped on October 15 ... More
10/22/2020 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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Expect strong industrial demand through second wave of pandemic with continued challenges for the office sector. ... More
10/21/2020 | Posted in Canadian Economy by Mario, Mimma & Peter Volpentesta
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Recently polled economists say the bank must be more proactive in guiding the Canadian financial system. ... More
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