Rate drops help boost housing affordability: RBC
10/9/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
Interest rate cuts by the Bank of Canada in recent months have helped reduce ownership costs for homeowners and buyers and bring about a slight improvement in the overall housing ...
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Is breaking your mortgage for a lower rate worth the prepayment penalty?
9/22/2024 | Posted in Mortgages and Real Estate by Jessi Sandhu
As interest rates continue to drop, borrowers might wonder if they should renegotiate their fixed-rate mortgage. But at what cost? ...
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Where are the most mortgage-free homeowners in Canada?
5/30/2024 | Posted in Home Owners by Jessi Sandhu
A recent study on Statistics Canada data shines light on trend ...
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Owning a home is a pipedream for many Canadian millennials
12/13/2019 | Posted in Home Buyers by Jessi Sandhu
Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey. ...
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Ownership registry to help stamp out money laundering in housing
10/21/2019 | Posted in Canadian Housing Market by Jessi Sandhu
This is the best place to start in fighting off the influence of illicit foreign money. ...
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Canadians more likely to be homeowners, have a mortgage
8/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada. ...
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Canadian homeownership rates still among highest globally
3/6/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC). ...
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Nearly half of Gen Zers want to buy a home in the next few years
9/4/2018 | Posted in Home Buyers by Jessi Sandhu
Here are some interesting data about Gen Zers and their homeownership plans and goals. ...
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Millennials driving Canada's hot real estate market
5/9/2018 | Posted in Canadian Housing Market by Jessi Sandhu
Almost six in 10 Canadian millennials are already homeowners, with more of this age group planning to buy a home in the next two years, according to a Genworth Canada survey ...
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Census data sheds light on rental supply
10/27/2017 | Posted in Toronto Real Estate by Jessi Sandhu
This week’s census data revealed Canadians’ changing living habits – and the trickle-down effect that’s affecting the rental market and its existing stock ...
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Almost half of Ontario homeowners expect their home to fund retirement
9/27/2017 | Posted in Ontario News by Jessi Sandhu
A large share of homeowners in Ontario are counting on home values increasing to ensure they have sufficient retirement funds. ...
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Buyers to face even greater hurdles
9/19/2017 | Posted in Mortgages and Real Estate by Jessi Sandhu
Last year’s mortgage rule changes placed roadblocks in front of millions of would-be buyers, but increased rates and future regulatory action may prove even more difficult ...
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New Canadians overwhelmingly target home ownership
6/30/2017 | Posted in Home Buyers by Jessi Sandhu
New study reveals Canadians born outside the country view home ownership as a major milestone. ...
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Obsession with home ownership driving Toronto affordability crisis, report finds
5/23/2017 | Posted in Toronto Real Estate by Jessi Sandhu
The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ...
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