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Mario, Mimma & Peter Volpentesta

Real Estate News & Articles

12/5/2019 | Posted in Canadian Economy and Interest Rates by Mario, Mimma & Peter Volpentesta
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The Bank of Canada kept its key interest rate on hold as expected at 1.75 per cent where it has been for more than a year as it said Wednesday that ongoing trade conflicts and ... More

Bank of Canada keeps key interest rate target on hold

12/4/2019 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 7,090 sales through TREB’s MLS® System in November 2019 ... More

TREB Releases November Market Figures as Reported by GTA REALTORS

12/4/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Price growth in Canada’s largest housing market accelerated last month at the fastest pace since 2017 as sales rose and the inventory of homes available for purchase fell ... More

Toronto home prices rise most since 2017 as listings plunge in November

12/3/2019 | Posted in Canada Living by Mario, Mimma & Peter Volpentesta
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Contribution room accumulates beginning in the year in which a person turns 18 ... More

2020 TFSA limit announced

12/1/2019 | Posted in Rental Market by Mario, Mimma & Peter Volpentesta
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The annual increase in Canadian rents was not consistent across property types. ... More

Townhouses lead growth in rents

11/29/2019 | Posted in Mortgage Interest Rates by Mario, Mimma & Peter Volpentesta
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Scotiabank now sees the Bank of Canada lowering its benchmark interest rate at the beginning of 2020 instead of at the central bank’s next meeting. ... More

Scotiabank pushes back its Bank of Canada rate cut forecast

11/25/2019 | Posted in Global Real Estate Markets by Mario, Mimma & Peter Volpentesta
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A global recession would bring challenges for the global real estate market but it is unlikely next year according to one major firm’s leader. ... More

Christies International chief expects global downturn in 2021

11/25/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey. ... More

Canada is a nation of movers

11/25/2019 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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Commercial real estate executives in the US are generally upbeat about the market as we head into 2020. ... More

CRE executives say market fundamentals are strong

11/25/2019 | Posted in Luxury Real Estate by Mario, Mimma & Peter Volpentesta
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Knight Frank index tracks luxury residential prices across global cities ... More

Wealthy homebuyers are choosing these global cities

11/25/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Plans to regulate the short-term rentals market in Toronto will go ahead following the dismissal of an appeal. ... More

Toronto to move forward with regulation of short-term rentals

11/22/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More

CMHC's Siddall Defends Policies, Provides Update on the FTHBI

11/21/2019 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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As the end of 2019 approaches, RBC Economics says the year will go down as “the turning point for Canada’s housing market.” ... More

2019 was a turning point for Canadian housing market says RBC

11/20/2019 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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Co-working and flexible working spaces are set to continue their popularity and deliver a boost to local economies outside metropolitan areas. ... More

Flexible working to rise with benefits for outside-metro markets

11/15/2019 | 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 were unchanged from September to October 2019. ... More

Canadian home sales hold steady in October

11/17/2019 | Posted in Recreational Properties by Mario, Mimma & Peter Volpentesta
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And it has nothing to views, location, or even price. ... More

This is the most important amenity for vacation home buyers

11/14/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Toronto's housing market has climbed out of the red zone for the first time in four years ... More

Why it's high-time to buy homes in Toronto

11/12/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Toronto’s luxury housing sector has enjoyed a marked upswing in activity this year, according to a new analysis by RE/MAX. ... More

Robust market fundamentals driving Toronto's high-end housing segment

11/11/2019 | Posted in Anouncements by Mario, Mimma & Peter Volpentesta
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Thank you for your service and sacrifice. ... More

Remembrance Day

11/8/2019 | Posted in Real Estate Investments by Mario, Mimma & Peter Volpentesta
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Investing in real estate is seen as a good bet and for good reason, but an analysis of performance over the past decade shows the asset class has lagged some other ... More

Toronto housing investors could have done better with REITS

11/7/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics. ... More

RBC: Canada's housing market is fairly robust despite some issues

11/6/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight. ... More

Mortgage stress tests boosted Canada's financial stability: CMHC

11/5/2019 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 8,491 residential sales through TREB’s MLS® System in ... More

TREB Releases October Market Figures As Reported By GTA Realtors

11/5/2019 | Posted in New Developments by Mario, Mimma & Peter Volpentesta
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New single-family home sales in the Greater Toronto Area increase a whopping 283% ... More

No signs of overheating in the GTA's new home market

11/3/2019 | Posted in Ontario Real Estate by Mario, Mimma & Peter Volpentesta
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Ontario home warranty provider will require greater disclosure and information sheets. ... More

Tarion adds new protection for condo buyers

11/1/2019 | Posted in Foreign Buyers by Mario, Mimma & Peter Volpentesta
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The tax mimics what some provinces, including B.C., have already implemented. ... More

 Federal foreign real estate speculator tax expected to pass

10/30/2019 | Posted in Interest Rates by Mario, Mimma & Peter Volpentesta
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The Bank of Canada (BoC) announced today that it would keep the overnight rate at 1.75%. ... More

Bank of Canada announces interest rate decision

10/24/2019 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2020. ... More

CMHC expects housing market to recover in next 2 years after declines

10/22/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Here's a look at promises Trudeau made on housing during the campaign. ... More

Liberals win minority in federal election

10/22/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Teranet-National Bank index shows prices slightly increased both on a monthly and annual basis. ... More

Canadian home prices see modest gains in September
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