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January 2017 - Posts

CMHC Mortgage Insurance Premiums Increase
Hi Everyone! We have a quick mortgage update for you. As you may have heard, CMHC (Canada Mortgage and Housing Corporation) just announced it will be increasing its homeowner mortgage loan insurance premiums effective March 17, 2017. When we heard about Read More...
Condo rents see biggest jump on record as Toronto’s housing squeeze spreads to high-rise
The average rent for a condo in downtown Toronto rose almost 12% to $2,134 a month in 2016 as supply of units shrank for the first time in five years. Research firm Urbanation Inc. says shrinking condominium inventory in the high-rise sector, driven partially Read More...