Housing Snapshot | Statistics for April | Homes Sold and Selling Prices Up from Last Month

by Diana Winger

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Brantford Expositor - Despite concerns, Brantford council approves redevelopment of FreshCo Plaza

Brantford Expositor - Brantford councillors mull $7-million decision

Financial Post – Cottage prices expected to rise with owners in no rush to sell: ReMax

Financial Post – Cottage market is seeing 'seven sellers for every three buyers', says Muskoka broker

National Post – Increase in capital gains tax rate could spawn cottage sales boom

Globe and Mail – CARRICK: How to calculate a capital gain on your cottage or investment property – and very likely save money on taxes

Toronto Star – Time to sell your investment property? Claim your cottage as a principal residence? How to navigate the capital gains tax changes

Toronto Star – Cottage ‘rebound year.’ Expert predicts prices to spike almost 7 per cent in 2024

Hamilton Spectator – ‘People everywhere are mad at them’: Forge & Foster’s tiny home troubles draw the ire of campground residents across Ontario

CBC Toronto – What locals say Honda's historic $15B investment means for Alliston, Ont.

Hamilton home prices may rise if mortgage rate drops: CMHC (Global News)

Housing predictions for Kitchener-Cambridge-Waterloo: Report (City News)

Greater Toronto Rental Vacancy Rate Soars 30% Higher, Prices Barely Move (Better Dwelling)

Cottage prices nearly double in one region of Ontario in 2024 (Insauga)

Toronto Mortgage Delinquency Rate Surges 71% Higher (Better Dwelling)

10 best-selling condo buildings in Mississauga, Halton and Toronto, Ontario (Insauga)

CREA - Housing Market Snapshot for March 2024

CREA - VIDEO: Housing Market Report

CREA - Hints of Active Spring Market in March Housing Data

Bank of Canada’s Key Interest Rate Stuck at 5%: Five Ways Your REALTOR® Is There to Help

Canada’s latest GDP figures may prompt Bank of Canada summer rate cut: Economists (Canadian Mortgage Trends)

CREA - Real advice with Rita: Moving interprovincially, title insurance, bathroom reno decisions

CREA - Sustainable home solutions to help you live greener

Better Dwelling – Canadian housing agency bizarrely forecasts record home prices and weak economy

Financial Post – Canadians putting off plans to buy a home until the Bank of Canada cuts rates

Globe and Mail – Majority of aspiring Canadian homeowners awaiting rate cuts before buying, survey shows

Globe and Mail – New real estate platform offers an alternative to blind bidding

Toronto Star – Bank of mom and dad? New data shows one in six Canadian homeowners born in the '90s co-owns their home with their parents

Canadian Mortgage Professional – Home values soared past surging mortgage costs

Vancouver Sun – One in five B.C. homeowners born in 1990s co-own with their parents, says report

Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey (Canadian Mortgage Trends)

Why Canadian mortgage rates may be stealthily heading higher (Financial Post)

Real estate terminology for first-time homebuyers

Sustainable home solutions to help you live greener

Canadians turn to friends and siblings for home buying (Wealth Professional)

Latest in Mortgage News: Financial experts see less risk of an imminent recession (Canadian Mortgage Trends)

BoC Governing Council divided over timing of rate cuts, but agree they will be gradual (Canadian Mortgage Trends) 

For 76% of Canadians who don’t own property, homeownership feels out of reach: CIBC (Real Estate Magazine)

More than half of Canadians say 2nd job needed to buy a home: RBC survey (Global News)

Three-quarters of recent Canadian homebuyers don’t regret their decision, despite affordability issues (Real Estate Magazine)

Canadian Mortgage Changes Blur The Line Between Normal & Crisis: CMHC (Better Dwelling)

Equifax Canada testing use of rental payment data for credit scores (Money Sense)

Real Estate experts say housing market “very affordable,” but not everyone’s convinced (CKPG Today)

Real estate prices rebounded slightly in March (Bay Today)

 

 

Diana Winger, REALTOR® CNE, SRS, SRES, ABR

Mortgage Agent, Level 1 Valko Financial LTD #13047

eXp Realty | Dominion Lending Centres |  226-705-3369 | 250-588-8839

ON YOUR TEAM!

WingerRealEstate.com  |  SearchBestMortgages.com

 

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Diana Winger

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