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The Toronto Regional Real Estate Board (TRREB) welcomes the changes to mortgage rules announced by Deputy Prime Minister and Minister of Finance Chrystia Freeland. TRREB strongly supports the extension of 30-year insured mortgage amortizations to all first-time home buyers which was limited to first time purchasers of new-builds, and increasing the price cap for insured…
Despite the Bank of Canada rate cut at the beginning of last month, many buyers kept their home purchase decisions on hold. TRREB’s Chief Market Analyst Jason Mercer breaks down the numbers every month in the must-see Market Watch Minute.
Stay up to date with the latest market stats for the Greater Toronto Area.