Toronto Commercial Real Estate Blog

Recession is here! (We will refer to it as the 'R' word because it is a bad word to say). THE PROBLEM We are looking at a "severe and virtually unprecedented blow to the financial system". We were all thinking this is a housing bubble but the real problem and origin was the credit bubble that was developing since 2000. Policy ...

According to CMHC’s newly released Renovation and Home Purchase Report - Major Market Highlights, a large share of intenders will be first time buyers. Close to half (48 per cent) of purchase intenders will be first time buyers with the majority...(read more)