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Top 5 Home Design Trends for a New Decade

Monday Mar 02nd, 2020

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Top 5 Home Design Trends for a New Decade

Top 5 Home Design Trends for a New Decade Whether you’re planning a simple refresh or a full-scale renovation, it’s important to stay up-to-date on the latest trends in home design. Sellers who make tasteful updates can generate increased buyer interest and, in some cases, a premium selling price. And buyers should consider which features of a home will need updating immediately (or in the near future) so they can factor renovation costs into their overall budget. Even... [read more]

Ottawa unveils new mortgage stress test rules that will make it easier to pass

Tuesday Feb 18th, 2020

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Mortgage Rates

Ottawa unveils new mortgage stress test rules that will make it easier to pass On February 18, Minister of Finance Bill Morneau announced changes to the benchmark rate used to determine the minimum qualifying rate for insured mortgages, also known as the stress test. The new minimum qualifying rate will be the weekly median five-year fixed insured mortgage rate from mortgage insurance applications, plus two percentage points. TRREB has long called for adjustments to the... [read more]

2020 Outlook: Real Estate Market Forecast

Thursday Jan 02nd, 2020

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2020 Outlook: Real Estate Market Forecast

2020 Outlook: Real Estate Market Forecast After a two year slump, the future's looking bright again for Canadian real estate. Economists expect positive growth in the national housing market in 2020, supported by low mortgage rates, a solid job market, and a rising population. In fact, in a recent report, RBC Economics called 2019 a “turning point for Canada’s housing market.”1 To understand why—and where the market is headed—we take a closer look at... [read more]

Home Sales Increase by 14.2% While New Real Estate Listings Decline During November 2019 in Greater Toronto Area

Wednesday Dec 04th, 2019

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TREB Market Watch November 2019

Home Sales Increase by 14.2% while New Real Estate Listings Decline During November 2019 in Greater Toronto Area  TORONTO, December 4, 2019 - 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 – a 14.2 per cent increase compared to November 2018. On a GTA-wide basis, sales were up year-over-year for all major market segments. Annual sales growth in... [read more]

Toronto to enforce new Airbnb regulations after tribunal rules in favour of stricter bylaws

Tuesday Nov 19th, 2019

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Toronto Short Term Rentals under new regulations

Toronto to enforce new Airbnb regulations after tribunal rules in favour of stricter bylaws A provincial tribunal has ruled in favour of Toronto's plan to put stricter regulations on the city's short-term rental market. The Local Planning and Appeal Tribunal (LPAT) made its decision Monday, nearly two years after the city first approved the bylaws. Under the rules, Toronto will require short-term rental operators to live at the home they list on sites such as... [read more]

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