By: Raza Mohammad

Your Weekly Real Estate Update

Tags: Bank of Canada, Canadian Imperial Bank of Commerce, interest rates

Summary: The Bank of Canada will likely cut interest rates in the second quarter of next year, according to an updated forecast from the Canadian Imperial Bank of Commerce.     Bank of Canada will likely join &l...Read More

By: Raza Mohammad

Traders bet Bank of Canada will follow Fed with rate cuts this year has been sent

Tags: Traders bet Bank of Canada will follow Fed with rate cuts this year has been sent

Summary: The chances the central bank will cut interest rates on Oct. 30 jumped above 50 per cent Tuesday. It was only at 25 per cent last week     Recent News ...Read More

By: Raza Mohammad

Your Weekly Real Estate Update

Tags: Your Weekly Real Estate Update

Summary: Buyers that are being priced out of the Toronto market are increasingly making the decision to buy in secondary cities like Oshawa, Kingsville and Hamilton.     Recent News   Move to town...Read More

By: Raza Mohammad

Toronto condo projects in danger of cancellation

Tags: HOMES IN TORONTO, CONDO PROJECTS, TORONTO REAL ESTATE MARKET

Summary : Since 2017, there have been 6,350 condominium units cancelled in the Greater Toronto Area: 1,678 in 2017, 4,672 in 2018 and at least 239 so far in 2019, according to market analysts at Urbanation Inc. ...Read More

By: Raza Mohammad

Raza's Weekly Real Estate News Updates April 25th 2019

Tags: WEEKLY REAL ESTATE NEWS

Summary : The Bank of Canada kept its benchmark interest rate at 1.75 per cent on Wednesday. Economists who monitor the bank weren't expecting any change to the rate, which the central bank meets to decide on every six weeks.  ...Read More

By: Raza Mohammad

Raza's Weekly Real Estate News Updates April 17th 2019

Tags: WEEKLY REAL ESTATE NEWS

    Summary : Federal budget announced the amount that first-time home buyers can withdraw tax-free from their RRSP to buy a first home will be increased immediately to $35,000 from $25,000.  ...Read More

By: Raza Mohammad

Toronto Real Estate Market - August 2017 Update

Tags: HOMES IN TORONTO. REAL ESTATE

...Read More

By: Raza Mohammad

Toronto Real Estate Market Update for July 2017

Tags: TORONTO REAL ESTATE MARKET UPDATE JULY 2017

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By: Raza Mohammad

A Beginner's Guide for Interest Rates

Tags: TORONTO REAL ESTATE MARKET, INTEREST RATES, MORTGAGE, BANK OF CANADA

    ...Read More

Is the Toronto Real Estate Market Crashing?

By: Raza Mohammad

Is the Toronto Real Estate Market Crashing?

Tags: REAL ESTATE,MARKET STATS, SCARBOURGH HOMESALES,TORONTO REAL ESTATE BLOG

The simple answer is "NO!" Many variables account for the current Real Estate market changes. The bottom line: the Real Estate market is highly affected by the principle of supply and demand. From October 2016 - March 2017 it was A Sellers' Market. This means there was a substantial increase of Bidding Wars which lead to desperate actions by buyers (waiving condit...Read More