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  • March 19, 2017
  • condo apartments, condo market, housing market

GTA condo market is undersupplied says CIBC

By Steve Randall | this page was last updated on the 17 Mar 2017 The commonly-held perception that there are too many condos for sale in the Greater Toronto Area has been challenged by CIBC’s Benjamin Tal. The lender’s deputy chief economist says that the market is actually undersupplied, acknowledging a record year for condo […]

  • October 10, 2016
  • housing market, mortgage rules

Hot Toronto real estate market means paying more, new mortgage rules could give you less buying power

In this hot Toronto real estate market where every penny counts, some buyers could find themselves with less borrowing power because of new mortgage rules set to take effect within two weeks. Ottawa tightens mortgage requirements Want a detached house in Toronto? You need $1.29M As of Oct. 17, more mortgage applications will undergo a “stress […]