Latest posts

4 Tips On How To Start Investing In Your Home

43 1

Featured Content

4 Tips On How To Start Investing In Your Home

by FindlayRealEstate / January 22, 2022

Canada Housing Market Forecast for 2022

45 0

Featured Content Real Estate Market Report Real Estate News

Canada Housing Market Forecast for 2022

by FindlayRealEstate / January 21, 2022

Looking for a home in Canada’s biggest city? Good luck with that. Greater Toronto, a region with over 6.5 million people, has just 3,200 homes for sale, an all-time low, according to Bloomberg. That’s less than half the 7,900 on the market a year ago, the outlet said, citing the Toronto Regional Estate Board. Blame low interest rates. Home sales surged by almost a third last year to more than 121,000, sparking fears of a bubble and breaking a record set in 2016. America’s neighbor to the north is more because mortgages make up one of its biggest sources of consumer debt. The Canadian financial system’s exposure to mortgages is twice that of its U.S. counterpart. Average home prices in Toronto jumped 18 percent last year to about $862,000, also an all-time high. While authorities have tried to cool the housing market by taxing foreign buyers, analysts say the fundamental cause of a national housing shortage is a mismatch between population growth and the pace of homebuilding. “We continue to suffer from a real lack of inventory on the marketplace,” Jason Mercer, the Toronto real estate board’s chief market analyst, told BNN Bloomberg Television. “We really need to get a sense of what policy makers are going to do to get a handle on that supply issue.”

34 0

Featured Content

Canada’s biggest city has just 3,200 homes for sale, an all-time low inventory

by FindlayRealEstate / January 11, 2022

48 0

Featured Content Mortgage Tips

Variable mortgages

by FindlayRealEstate / October 25, 2021

38 0

Featured Content

HALTON- Oakville, Burlington, Milton Basketball 2021

by FindlayRealEstate / October 1, 2021

National Day for Truth and Reconciliation

44 0

Featured Content

National Reconciliation Day

by FindlayRealEstate / September 30, 2021

40 0

Featured Content

Toronto, Hamilton GTA Real Estate Stats August 2021

by FindlayRealEstate / September 15, 2021

Burlington Food Truck Festrival

52 0

Featured Content

Burlington Food Truck Festival

by FindlayRealEstate / September 11, 2021

Grimsby's Casablanca GO station still a go

40 0

Featured Content

Grimsby’s Casablanca GO station still a go

by Findlay Real Estate / September 2, 2021

45 0

Featured Content

3 Things To Know Before Selling Your Home

by FindlayRealEstate / August 29, 2021