GTA Real Estate Help

https://www.theglobeandmail.com/investing/personal-finance/household-finances/article-how-worried-should-recent-home-buyers-be-about-their-mortgage-renewal/

How worried should recent home buyers be about their mortgage renewal in five years? Recent home buyers should be comforted by TD chief economist’s outlook for the future

https://globalnews.ca/news/7706692/housing-market-canada/

What you can buy in housing markets across Canada for $500K, $1M and $1.5M A sizzling hot housing market means your buck doesn't go nearly as far as it used to — no matter where you live.

https://apple.news/AZTiTgH8ARBK0rIeJTWpT7A

Pandemic housing boom means affordability is no longer just a big-city problem — Global News As homebuyers move away from big cities and downtown cores, they're driving double-digit prices increases in the suburbs, smaller cities and lower-cost urban neighbourhoods.

https://www.thestar.com/business/2020/11/04/toronto-housing-market-defies-covid-19-in-prices-sales.html

Toronto housing prices hit new record with detached homes averaging $1.2 million — but downtown condos bucked the trend The Toronto Regional Real Estate Board is now forecasting record or near-record sales to continue through the balance of the year.

https://torontosun.com/news/local-news/torontos-hot-real-estate-market-may-cool-down-in-coming-months

Toronto's hot real estate market may cool down in coming months A new survey shows the aggregate price of a home in the GTA increased by 11% year-over-year to $922,421 in the third quarter of 2020.

https://business.financialpost.com/real-estate/mortgages/first-time-home-buyers-could-save-286-a-month-on-mortgage-payments-under-new-federal-program/

First-time home buyers could save $286 a month on mortgage payments under new federal program Shared equity program offers 5% on an existing home and as much as 10% on a new home

https://business.financialpost.com/real-estate/mortgages/rich-aging-baby-boomers-will-make-it-even-harder-for-millennials-to-buy-homes-over-next-10-years/amp

Rich, aging baby boomers will make it even harder for millennials to buy homes over next 10 years A CMHC report says seniors in Toronto aren’t downsizing like they used to

https://www.theglobeandmail.com/amp/business/article-canada-considering-mortgage-stress-test-measures-to-curb-private/

Canada considering mortgage stress-test measures to curb private lenders’ growth Officials may subject private lenders to same rules faced by banks to prevent housing markets from being destabilized

https://www.cbc.ca/amp/1.4981657

Royal Bank cuts 5-year fixed mortgage rate, others likely to follow suit | CBC News Canada's biggest bank has cut its five-year fixed-term mortgage rate, a move other banks are likely to try to match in short order.

https://business.financialpost.com/personal-finance/debt/more-people-are-going-broke-in-canada-as-interest-rates-rise?video_autoplay=true

More people are going broke in Canada as interest rates rise It’s a worrying sign for an economy that has relied so heavily on consumer spending and the housing market to drive growth