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Canadian Real Estate News
Elevated Borrowing Costs Taking a Toll on Housing Affordability
Tuesday, December 5, 2023

High borrowing costs and uncertain economic conditions continued to weigh on Greater Toronto Area (GTA) home sales in November 2023. Sales were down on a year-over-year basis, while listings were up from last year’s trough in supply. With more choice in the market, selling prices remained basically flat year-over-year.

Will the Bank of Canada diverge from the US Fed on rate cuts?
Monday, December 4, 2023

US 'drives the bus' on long-term interest rates – but BoC likely to push ahead with cuts, suggests economist

Brokers react to the government's "nonsense" mortgage charter
Wednesday, November 29, 2023

The Liberal government last week unveiled a “new” Canadian Mortgage Charter aimed at ensuring lenders offer relief to mortgage borrowers who are struggling to make their payments.

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Century 21 Leading Edge Realty Inc., Brokerage
- Independently Owned and Operated -
6393 Main Street - Stouffville, Ontario, M1B 3V9
Phone 905-642-8870       Fax 905-640-3330
Email: kbnice24@yahoo.com
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