Real Estate News, Articles & Corporate Announcements

10/5/2022 | Posted in GTA Real Estate by Crescendo Realty
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs in September 2022. ... More

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10/4/2022 | Posted in Home Buyers by Crescendo Realty
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With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home. ... More

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10/3/2022 | Posted in Interest Rates by Crescendo Realty
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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More

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9/30/2022 | Posted in Canadian Housing Market Predictions by Crescendo Realty
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Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More

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9/30/2022 | Posted in Canada Living by Crescendo Realty
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Personal finances of millions of Canadians are worsening, and more people are concerned about their high levels of debt ... More

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9/29/2022 | Posted in Foreign Buyers by Crescendo Realty
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Proposals by the federal government to restrict foreign access to the Canadian housing market run the risk of complicating mortgage financing while not adequately addressing the ... More

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9/28/2022 | Posted in Home Owners by Crescendo Realty
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The 60 percent + 30 percent + 10 percent proportion is meant to give balance to the colors used in any space and is incredibly simple to use. ... More

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9/28/2022 | Posted in New Developments by Crescendo Realty
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Sales levels of condos and single-family homes were more than 80 per cent lower than last August, says the homebuilders’ association. ... More

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9/25/2022 | Posted in Mortgage Interest Rates by Crescendo Realty
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Over the past week, nearly all of Canada’s Big-6 banks have increased their shorter-term fixed mortgage rates. ... More

Real Estate & Mortgage News

9/22/2022 | Posted in Canadian Housing Market by Crescendo Realty
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10 million households own their home, while 5 million rent. But the gap is narrowing. ... More

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9/21/2022 | Posted in Home Owners by Crescendo Realty
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Significant slowdown in housing, bond, and equity markets had a major influence on Q2 figures ... More

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9/20/2022 | Posted in Rental Market by Crescendo Realty
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Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels. ... More

Real Estate & Mortgage News

9/20/2022 | Posted in Canadian Housing Market by Crescendo Realty
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More

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9/19/2022 | Posted in Canadian Housing Market by Crescendo Realty
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"It's abundantly clear where the worst spots are," says BMO economist ... More

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9/16/2022 | Posted in New Developments by Crescendo Realty
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A decline in multi-unit urban starts contributed to a slower month overall, according to the latest data from CMHC. ... More

Real Estate & Mortgage News

9/15/2022 | Posted in Commercial Real Estate by Crescendo Realty
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Despite ongoing economic uncertainty, Canada remains a good place to invest according to senior executives who closed the Sept. 8 RealREIT conference in Toronto with a discussion ... More

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9/15/2022 | Posted in Canadian Housing Market by Crescendo Realty
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More

Real Estate & Mortgage News

9/14/2022 | Posted in Interest Rates by Crescendo Realty
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TD Securities and Scotiabank's top economists think there’s more room to run for the Bank of Canada as it increases interest rates from the pandemic lows. ... More

Real Estate & Mortgage News

9/14/2022 | Posted in Home Buyers by Crescendo Realty
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Despite today’s mortgage borrowers having to qualify at rates in excess of 6% and 7%, Canada’s banking regulator said no changes to the stress test are imminent. ... More

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9/12/2022 | Posted in Canada Living by Crescendo Realty
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New data from Statistics Canada shows that Canadians are sliding deeper into debt. ... More

Real Estate & Mortgage News

9/9/2022 | Posted in Home Buyers by Crescendo Realty
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Renewed calls to re-evaluate the stress test came in the wake of the Bank of Canada's latest outsized rate hike ... More

Real Estate & Mortgage News

9/8/2022 | Posted in Home Buyers by Crescendo Realty
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In a country where the Big Six banks control 80 per cent mortgage market share, Canada’s smaller lenders are making some rare headway after the Bank of Canada’s sudden ... More

Real Estate & Mortgage News

9/7/2022 | Posted in Canadian Economy and Interest Rates by Crescendo Realty
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control. ... More

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9/7/2022 | Posted in Canada Living by Crescendo Realty
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Overall consumer debt hit a new record high in the second quarter and some people may be overwhelmed by inflation. ... More

Real Estate & Mortgage News

9/5/2022 | Posted in Interest Rates by Crescendo Realty
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Toronto home sales bounced 11% in August from the previous month. ... More

Real Estate & Mortgage News

9/4/2022 | Posted in Mortgage Interest Rates by Crescendo Realty
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All eyes will be on the Bank of Canada’s interest rate decision this week, which some say could be its last increase of the year, and perhaps of this rate cycle. ... More

Real Estate & Mortgage News

9/2/2022 | Posted in GTA Real Estate by Crescendo Realty
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There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 per ... More

Real Estate & Mortgage News

8/31/2022 | Posted in Home Owners by Crescendo Realty
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More and more Canadians are drawing on the wealth represented by their homes. ... More

Real Estate & Mortgage News

8/31/2022 | Posted in Mortgage Interest Rates by Crescendo Realty
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If CIBC economists are correct, the Bank of Canada’s expected rate hike next week will be its last of this rate-hike cycle. ... More

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8/30/2022 | Posted in Ontario News by Crescendo Realty
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Ontario’s population could increase by as much as six million over the next two decades and some experts are warning that governments need to start “playing catch ... More

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