Tag: demand
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The Revival – November 2020
Greetings Friends, After the most bizarre Halloween I’ve experienced, our first snow fall – yes, SNOW. Already! – and currently we are now in the midst of a heat wave in November! All of which are signals we are either nearing the end of the year or the world. Just kidding but what a year; a deeply,…
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Interview with Randall Reashore (Andrew Hines Real Estate Investing Podcast)
Watch the Full Interview Here
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Monthly Stats – Sept 2020 Toronto
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The Revival – October 2020 Newsletter
Greetings Friends, As most people are getting swept up in Fleetwood Mac’s Dreams and swigging cranberry cocktail, I’ve recently begun watching Game of Thrones. I know, I know, I’m late to the Game. But I’ve never been much of a TV trend follower. In the show there is a common, dread-filled refrain: Winter is coming. Even though there…
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Monthly Stats: Peterborough August 2020
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Monthly Sales Stats – Toronto August 2020
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The Revival – September 202O: Inflating Oppression
Greetings Friends, After being away for a few weeks with dear friends, at a serene cottage on Soyer’s Lake – Haliburton, we are back to the beat + driving forward into the fall market and the new school year. With all of the strange changes that have been heaped upon us this year, we are…
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Posthaste: Five really weird things about Canada’s roaring housing market | Financial Post
Aug 18, 2020 by Pamela Heaven According to BMO senior economist Robert Kavcic, during the pandemic recession, the performance of the housing market has been surprising. Based on the data that was shown last August 17, 2020, Canada’s housing market surged in sales at 26% beating the records in July. “In fact, this has shaped…
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Real estate industry experts question CMHC’s ‘bizarre’ move
On July 1, Canada Mortgage and Housing Corporation (CMHC) tightened its underwriting policies for high ratio borrowers, including increasing credit score requirements and lowering debt servicing limits. CMHC is, of course, a Crown Corporation, but there are private mortgage insurers, Canada Guaranty and Genworth Canada, that did not follow CMHC’s lead. The result is CMHC…
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Guest Post: Deferral-gate? (by Ephraim Vecina)
Originally posted here. A housing inventory surge will likely precede a predicted arrears spike once payment deferrals end, according to a Better Dwelling analysis. With the total balance of mortgage payment deferrals reaching $247 billion as of the end of the second quarter, Canadians have come to heavily rely on lenders’ deferral options to stave…