• Visit our Facebook Page
  • Visit our YouTube Channel
  • Visit our Instagram Profile
Mario, Mimma & Peter Volpentesta

Real Estate News & Articles

6/24/2022 | Posted in Canada Living by Mario, Mimma & Peter Volpentesta
SHARE

Majority of supply gap found in Ontario and British Columbia, agency says ... More

Canada needs 5.8 million new homes by 2030 to tackle affordability crisis, CMHC warns

6/23/2022 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Emerging trends provide insight on potential demand, portfolio manager says ... More

Is office space still a compelling investment?

6/21/2022 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Canada?s industrial real estate market was performing well for owners and managers before COVID-19 hit, and it?s been cranked up to another level since the onset of the ... More

Canadian industrial to continue delivering historic returns

6/22/2022 | Posted in Rental Market by Mario, Mimma & Peter Volpentesta
SHARE

The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday. ... More

These are the most expensive Canadian cities to rent a home

6/21/2022 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

An obscure feature of variable-rate mortgages may push up the monthly payments for an increasing number of borrowers. ... More

Monthly payments on variable-rate mortgages could increase as borrowers near their 'trigger rate'

6/17/2022 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

Extending mortgage period could keep payments in check even as rates rise

6/16/2022 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

Desjardins predicts housing downturn would address 'unhealthy' market

6/16/2022 | Posted in Ontario Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Ontario’s housing market has been red hot for years now, but that could soon change, and some areas will be hit harder than others. ... More

These are the areas where Ontario housing prices will take the biggest drop

6/16/2022 | Posted in Interest Rates by Mario, Mimma & Peter Volpentesta
SHARE

Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority. ... More

Bank of Canada likely to mirror 0.75 per cent Fed hike next month: economists

6/16/2022 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

Canadian housing starts trend lower in May

6/15/2022 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Canadian home sales slow again in May

6/14/2022 | Posted in Interest Rates by Mario, Mimma & Peter Volpentesta
SHARE

Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising. ... More

Bond yields soar higher, fixed mortgage rates expected to follow

6/14/2022 | Posted in Canadian Economy and Interest Rates by Mario, Mimma & Peter Volpentesta
SHARE

The likely deceleration of the housing market would be a welcome effect, Macklem says ... More

BoC's Macklem: Rate hikes will not be detrimental to the economy

6/14/2022 | Posted in Canadian Economy and Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes ... More

Key household debt-to-income ratio down in Q1 as income rises faster than debt

6/13/2022 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Nearly 1 in 4 homeowners would have to sell if interest rates rise more, survey finds

5/26/2022 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

While activity of commercial real estate in Hamilton, Burlington and Niagara has been somewhat tempered in 2022, two asset classes continue to stand out. ... More

Commercial Real Estate Hamilton, Burlington and Niagara (2022 Report)

6/9/2022 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Demand for commercial real estate soars nationwide amidst economic expansion and stock market volatility, according to RE/MAX® Canada. ... More

Commercial Real Estate Report (Canada 2022)

6/8/2022 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known ... More

Canada home prices - why they're falling

6/8/2022 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
SHARE

Central bank's outsized rate increases having a big impact, according to RBC. ... More

RBC: May was a turning point for home sales in multiple markets

6/7/2022 | Posted in Canada Living by Mario, Mimma & Peter Volpentesta
SHARE

The first quarter marked the fifth consecutive deterioration in housing affordability, and the worst drop yet, according to National Bank of Canada. ... More

Housing affordability had its worst decline

6/4/2022 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

The tide continued to shift in favour of homebuyers in the Greater Toronto Area (GTA) last month amid higher borrowing rates. ... More

Toronto home prices fall as sales take another hit in May

6/1/2022 | Posted in Rental Market by Mario, Mimma & Peter Volpentesta
SHARE

A new report says the average monthly GTA rent increased 12% for all property types this April to $2,204 from $1,974 in April 2021. ... More

GTA apartment, condo rental prices on the rise: Report

6/3/2022 | Posted in Ontario News by Mario, Mimma & Peter Volpentesta
SHARE

Doug Ford's Progressive Conservatives were handed a second mandate in Ontario on Thursday night. ... More

Ontario has re-elected Doug Ford. This is what he's promised to do

6/3/2022 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Greater Toronto Area (GTA) housing market conditions continued to evolve in response to higher borrowing costs. Similar to April results, May 2022 sales were down on a monthly ... More

Market Continues To Balance Out As Borrowing Costs Trend Higher

6/3/2022 | Posted in Canadian Economy and Interest Rates by Mario, Mimma & Peter Volpentesta
SHARE

One day after raising the key interest rate by 50 basis points to 1.5 per cent, the Bank of Canada is warning Canadians that rates could rise above previously targeted levels ... More

Deputy Bank of Canada governor warns key interest rate could rise above previous target of 3 per cent

6/1/2022 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
SHARE

The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year ... More

Bank of Canada announces another oversized rate hike

4/27/2022 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

The latest results from Altus Group’s Canadian Investment Trends Survey (ITS) for the four benchmark asset classes show that the Overall Capitalization Rates (OCR) ... More

Q1 2022: Investor demand continues to be strong with heightened investor scrutiny

5/26/2022 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
SHARE

Commercial real estate in Toronto and area continues to display extraordinary resilience, with total investment activity up over 68 per cent to $10.6 billion* in the first ... More

Commercial Real Estate Toronto and Area (2022 Report)
Ask Mario, Mimma & Peter Volpentesta

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.

Security Question: 12 + 8 =