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Mario, Mimma & Peter Volpentesta

Real Estate News & Articles

10/3/2019 | 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 7,825 sales through TREB's MLS® System in September 2019. ... More

TREB Releases September Market Figures As Reported By GTA Realtors

10/3/2019 | Posted in Rental Market by Mario, Mimma & Peter Volpentesta
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Toronto Real Estate Board President Michael Collins announced that Greater Toronto Area REALTORS® reported 10,800 condominium apartment rentals through TREB’s ... More

TREB Releases Rental Market Figures as Reported by GTA Realtors

10/2/2019 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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Upward adjustments came amid a more relaxed B-20 stress test ... More

CREA predicts stronger home sales for 2019 and 2020

10/1/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Toronto has emerged as the world’s second most overvalued housing market on the back of low rates and supply shortages, according to UBS AG’s annual global real ... More

Toronto is now the world's second most overvalued property market: UBS

9/26/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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A new report from RBC Economics focuses on the rental housing deficit which is set to intensify in the coming years, especially in Toronto and Vancouver. ... More

Toronto needs to double rental supply to meet future demand

9/25/2019 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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Employment figures had a major influence on the market's dynamics. ... More

Low interest rates are the market's lifeline during tougher times

9/23/2019 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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The cities where commercial real estate will thrive will be those that can adapt to the emerging demands of corporates and investors according to a new report. ... More

Real estate will thrive in cities that adapt to new economic models

9/20/2019 | Posted in Real Estate Investments by Mario, Mimma & Peter Volpentesta
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Surprise city makes the list. ... More

PwC forecasts Canada's top investment cities in 2020

9/20/2019 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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The analysis forecasts Canada's industrial, office and retail sectors ... More

PwC forecasts 2020 commercial market

9/19/2019 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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Great News for Canadians waiting for lower rates as the effects of shrinking global economy to hit Canada as well. ... More

More Fed cuts expected to push Canadian interest rates lower

9/19/2019 | Posted in Canadian Economy and Housing Market by Mario, Mimma & Peter Volpentesta
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The average Canadian household was worth less in 2018 than in the previous year. ... More

Canadians' wealth reduced as real estate gains are erased

9/18/2019 | Posted in GTA Real Estate by Mario, Mimma & Peter Volpentesta
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According to a recent BILD report, these charges make a significant impact on affordability. ... More

Buyers of new GTA homes face $222K in government charges

9/17/2019 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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The Liberals’ campaign promise of a new tax on foreign home buyers may not be enough to moderate a national housing market on the resurgence, observers ... More

Liberals' proposed foreigner-targeted tax will not cool down markets

9/17/2019 | Posted in Toronto Real Estate by Mario, Mimma & Peter Volpentesta
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Amid newfound momentum due to an upward trend in detached home sales, Toronto remains probably the best real estate investment destination in Canada, according to RE/MAX. ... More

Investment in Toronto residential property remains a winning prospect

9/17/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or ... More

Home sales expected to rebound in 2019, 2020 but only to average

9/16/2019 | Posted in Mortgage News by Mario, Mimma & Peter Volpentesta
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Reverse mortgages are surging in Canada as more older people join the country’s debt bandwagon. ... More

Reverse mortgages are booming in Canada

9/16/2019 | Posted in Toronto News by Mario, Mimma & Peter Volpentesta
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Toronto has been found to be one of the world’s best cities in terms of digital infrastructure, health care, and education. ... More

Toronto is one of the most desirable cities among Gen Z-ers

9/16/2019 | 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 up in August 2019. ... More

Canadian home sales edge higher in August

9/16/2019 | Posted in Home Buyers by Mario, Mimma & Peter Volpentesta
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In an election announcement on Thursday, Liberal Party Leader Justin Trudeau promised to turbocharge the First-Time Home Buyer Incentive (FTHBI) for Canadians who live in ... More

What to know about the Liberals' new housing-incentive promise

9/16/2019 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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Some millennials believe it is justifiable to lie on a mortgage application, according to a new Equifax Canada survey on mortgage fraud. ... More

23% of millennials justify lying on a mortgage application

9/14/2019 | Posted in Financial Health by Mario, Mimma & Peter Volpentesta
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Household income grew slightly faster than debt in the second quarter as the amount Canadians owe relative to their income edged down for the third quarter in a row. ... More

Stats Can releases Q2 household debt data

9/10/2019 | Posted in Canadian Housing Market by Mario, Mimma & Peter Volpentesta
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The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown. ... More

CMHC reports annual pace of housing starts climbed 1.9 per cent in August

8/10/2019 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ... More

Soaring House Prices Could Return As Interest Rates Head To Zero: BMO

8/24/2019 | Posted in Home Buyers by Mario, Mimma & Peter Volpentesta
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New data shows the country’s youngest buyers are being affected most by the government’s mortgage stress tests. ... More

Mortgage Stress Test Sidelining Young Buyers

8/22/2019 | Posted in Canadian Housing Market Predictions by Mario, Mimma & Peter Volpentesta
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Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and ... More

Canada house prices to pick up from stand-still but risks aplenty

8/27/2019 | Posted in Commercial Real Estate by Mario, Mimma & Peter Volpentesta
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Declining bond yields are putting downward pressure on cap rates and creating opportunity for investment in Canada’s commercial sector. ... More

Commercial cap rate compression around the corner

9/6/2019 | Posted in Mortgages and Real Estate by Mario, Mimma & Peter Volpentesta
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Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests. ... More

Canadian mortgage borrowers have a 'rare opportunity'

9/5/2019 | Posted in Most Livable by Mario, Mimma & Peter Volpentesta
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The Economist Intelligence Unit (EIU) unveiled its 2019 Global Liveability Index on Tuesday, listing the top 10 most livable cities in the world. ... More

Calgary, Vancouver, Toronto remain among world's most liveable cities

9/5/2019 | 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 7,711 residential sales through TREB’s MLS® System in ... More

TREB Releases August Market Figures

9/4/2019 | Posted in Interest Rates by Mario, Mimma & Peter Volpentesta
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The Bank of Canada resisted pressure from investors by declining to signal it will soon follow global peers in easing monetary policy. ... More

Bank of Canada reveals latest interest rate decision
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