Mortgage loan pressure surges, Toronto housing prices hit a ten-year high, indicating a sharp decline in housing prices
According to Reuters, Canadian homeowners are facing a sharp increase in mortgage payments, and many are now deciding to give up, leading to the highest number of listings in Toronto in over a deca...
The number of Canadian homeowners abandoning their homes due to debt and high interest rates has surged
Due to debt and rising interest rates, more and more Quebecers are unable to afford their homes, forcing them to voluntarily hand over their housing keys.According to JLR Land Decision Company in Q...
Ontario landlord eviction skyrockets by 85%: Rent skyrockets, tenants cling to it
According to Rentals. ca, rental prices in Canada have increased by 22% in the past two years. And those long-term tenants are limited by the Ontario government's rent increase limit, with a maximu...
Bank of Canada cuts interest rates to drive down floating rates, borrowers still prefer fixed rates
With the latest interest rate cut by the Bank of Canada, most lending institutions have lowered their floating rates by 0.25%. Financial columnist Robert McLister of the Financial Post pointed out ...
Toronto apartment rents fall for the first time in three years, may rebound in the future
According to data from real estate consulting and market research firm Urbanation Inc., the average apartment rent in the second quarter of this year fell by 1.2% year-on-year, marking the first an...
Canada launches 30-year mortgage loans, benefiting first-time homebuyers
Some people in Canada who want to buy a house can now obtain a 30-year mortgage, which is a new measure taken by the Liberal government to make buying a house more affordable.According to Global Ne...
Controversy over Bank of Canada's plan to cut interest rates: economic boost or hidden concerns?
According to the latest forecast from Central 1 Credit Union this week, based on the outlook for inflation and economic performance, by the end of 2024, the benchmark interest rate of the Bank of C...
British Columbia shortens landlord eviction notice period, sparking strong opposition from the housing industry
Under opposition from the housing industry, the NDP government in British Columbia has shortened the eviction notice period for landlords selling their properties. The housing industry believes tha...
The Investment Evolution of the New Generation in Real Estate "Landlord Network Summer Real Estate Forum" grandly opens this Saturday
On July 24th, the Bank of Canada cut interest rates again, lowering the benchmark rate to 4.5%, but this is not enough to warm up the real estate winter this summer.The current apartment market is ...
Has the housing market in Greater Toronto collapsed? In July, new home sales plummeted by 70%, and apartment sales plummeted by 81%!
According to a report by the Building Industry and Land Development Association (BILD), new residential sales in Greater Toronto reached a historic low in July, a 70% decrease compared to the avera...
The 2024 China Real Estate Home Furnishings Expo is grandly held
The 2024 China Canada Real Estate Home Furnishings Expo, hosted by the China Canada Real Estate Investment Association (CCRPA) and co organized by Jiade Expo and the China Canada Enterprise Oversea...
Heavy news! The federal government announced the relaxation of restrictions on home loans, which will be implemented starting from the end of the year!
According to Reuters, Federal Finance Minister Chrystia Freeland announced on Monday the revision of some mortgage rules aimed at making housing more affordable. The article points out that this cr...
The Federal Reserve has cut interest rates significantly, causing Canadian loan rates to fall below 4%! Homebuyers have a great opportunity!
The Federal Reserve lowered interest rates by 50 basis points on Wednesday, which will have a chain reaction on Canada. Experts point out that both the Bank of Canada and Canadian mortgage holders ...
Explode! Government fees soar 1200% in 15 years, causing 80% of Toronto's housing market investors to suffer losses
The Building Industry and Land Development Association (BILD), the representative organization of the new housing industry in the Greater Toronto Area (GTA), has once again released some disappoint...
Be careful when doing short-term rentals on Airbnb! Canada's new tax regulations have been released, and selling a house also requires a 13% tax
According to a recent ruling by the Canadian Tax Court, hosts who rent properties on Airbnb or other short-term rental websites for a long time are required to pay a 13% HST when selling their prop...
Is a 30-year mortgage a 'trap'? Experts warn that young people buying houses may have to pay nearly 150000 yuan in interest!
In August of this year, the federal government allowed first-time homebuyers to repay a 30-year mortgage in installments when purchasing a new home, and the new regulations will be expanded to all ...
The impact of the central bank's interest rate cut! Canadian homeowners face a surge in early termination of contracts, wary of high breach penalties
This week, the Bank of Canada has significantly reduced interest rates, which may make some Canadian homeowners struggling with expensive mortgages fantasize about more affordable rates. Pineapple ...
The homeowner must see! The five major tax credits in Canada can help you save thousands of Canadian dollars!
Owning a house in Canada is not cheap, but fortunately, tax credits and benefits can help homeowners earn some extra cash to maintain their homes. Due to the continuous rise in food and housing pri...
Over 1 million homeowners are facing high interest rate renewals! In 2025, Canada will experience a wave of property sales!
A new report from the Canadian Mortgage and Housing Corporation (CMHC) warns that over one million homeowners will face mortgage renewals in 2025 and will see "significantly higher interest rates,"...
Surprise! Ontario ladybugs are rampant, posing challenges to housing in Ontario
Recently, residents of Ontario are facing an unexpected problem - a ladybug infestation. These once cute little creatures in people's minds have now brought many troubles to many families.It is rep...
Will the housing market heat up again if the Bank of Canada continues to cut interest rates?
Carolyn Rogers, Senior Deputy Governor of the Bank of Canada, stated that as home sales begin to surge, the Bank of Canada is closely monitoring Canada's housing market, but interest rate cuts will...
Canadian rent prices fall for first time since pandemic: Tenants need to pay attention to protection
According to the latest report from Urbanation&Rentals. ca, the rental market, which has been strong since the outbreak of the pandemic, has shown signs of weakness for the first time.In the past O...
What should I do if I receive the tax form for vacant houses? Don't worry! Teach you how to fill it out and avoid paying extra taxes!
Recently, Mr. Li, a resident of Toronto, received a headache inducing yellow envelope - the vacant property tax form from the city government. He opened the envelope and found that he needed to fil...
Toronto housing price trend forecast: Re/Max and Royal LePage now diverge
Recently, the Toronto real estate market has become a focus of attention from all walks of life, as two well-known real estate companies, Re/Max and Royal LePage, have made vastly different predict...
The 2024 layoff frenzy swept across Canada: industries undergo large-scale 'cleaning' of employees, resulting in tens of thousands of job losses!
Canada is continuously affected by a wave of layoffs starting from 2023. This wave of layoffs stems from companies reassessing their operational methods after the peak of the pandemic to cope with ...
Coping with the housing crisis: Liberal Party proposes to cancel new housing development fees and reduce home purchase costs
Ontario may hold early elections next year, and politicians are gearing up to prepare for it. According to the plan proposed by the Liberal Party of Ontario to reduce housing costs, the province wi...
Be wary of silent killers! Radon gas threatens the health of one-fifth of Canadians
A new report suggests that a silent killer is invading more households in Canada than ever before.Radon gas, an invisible, odorless, and tasteless gas, has been found to exist at dangerously high l...
Trump's new tariffs are coming! Canadian housing prices soar in the new round
Trump's new tariffs will hit the Canadian real estate market hard - rising steel and aluminum prices may push up housing prices, experts warn that the real estate market may face a heavy blow!US Pr...
Langyi Foundation and Lishi Gao Mortgage Investment Fund announced a joint cooperation to promote the Langyi Garden project
Langyi Garden is a senior residential project jointly developed by Huihong Development Group and the Langyi Foundation, a federally registered charity organization in Canada. It is located in a pri...