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A fixer-upper in Toronto’s Dovercourt Village draws 10 eager biddersToronto realtor says there’s still lots of competition for properties under $1-million mark
Source: globeandmail - 🏆 5. / 92 Read more »
Toronto real estate board calls on Ottawa to revisit mortgage stress testTREB says mortgage stress test means homebuyers have to qualify for monthly mortgage payments nearly $700 more than what they would actually pay Lunatics have taken over the asylum.
Source: nationalpost - 🏆 10. / 80 Read more »
Toronto real estate board calls on Ottawa to revisit mortgage stress testThe stress test, which came into effect in 2018, cooled housing markets in Toronto and Vancouver by limiting the ability of those with a more than 20 per cent down payment to qualify for mortgages.
Source: VancouverSun - 🏆 49. / 61 Read more »
Ontario may allow disclosure of prices in real estate bidding warsOntario is considering allowing realtors to tell prospective home buyers the prices of other offers in bidding wars. This should 100% be done. I've heard of situations where sellers pay 'bidders' to enter lowball offers so that real estate agents can say 'we have another offer. please increase your bid.' Process needs to be more transparent. Nah, thats just wrong. If you're a impulsive buyer, it's not going to help you. It will only egg you on to bid higher and higher, like you're at a live auction to outbid another buyer. It's ridiculous they don't
Source: CP24 - 🏆 30. / 67 Read more »
Ontario may allow disclosure of prices in real estate bidding warsOntario is considering allowing realtors to tell prospective home buyers the prices of other offers in bidding wars. Why would this be something the government needs to do why
Source: CTVNews - 🏆 1. / 99 Read more »