Durham Real Estate Housing Report

By: Rebecca McGarvey

Durham Real Estate Housing Report

Tags: Housing Report, Real Estate Market, Mortgage Rates, Market Trends, House Prices, Durham Real Estate, GTA Real Estate

Durham Region Association of REALTORS® (DRAR) President Tina Sorichetti reported a total of 8,941 residential transactions in 2018. This represents a 19.7 per cent decline compared to the 11,136 residential sales reported in 2017. The number of new listings in December 2018 reached 543, a 23.6 per cent decrease from the same time last year. “Residential transactions tend to slow down aro...Read More

Preview of trends you can expect in 2019.

By: Rebecca McGarvey

Preview of trends you can expect in 2019.

Tags: Real Estate Market, Mortgage Rates, Market Trends, House Prices, Durham Real Estate, GTA Real Estate

Looking to buy in 2019? Here's what you need to know: home sales and prices are expected to be held in check over the next 12 months.  According to the Canadian Real Estate Association, national home sales are expected to remain unchanged in 2019 (456,200 units; -0.5%), as rising interest rates combined with the mortgage stress test offsets continuing population, job and in...Read More

Mortgage and Consumer Credit Trends Report

By: Rebecca McGarvey

Mortgage and Consumer Credit Trends Report

Tags: Mortgage, Consumer, Credit, Interest rates

  CMHC is pleased to release the latest edition of its Mortgage and Consumer Credit Trends Report.  This national report provides a detailed look at mortgage and consumer credit trends as at the second quarter of 2018.     During this time, year-over-year growth in the number of active mortgages slowed as compared to 2017. Rising interest rates and the i...Read More