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Posted by OREA
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Keep The Dream Alive.
Take Action!
keepthedreamalive.ca
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OREA

Young people are struggling to own homes in Ontario. Take Action.

After a rip-roaring year for local real estate in 2017, housing sales plummeted in January. But no worries — not yet at least, one realtor insists.
windsorstar.com
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The rate increase by the Bank of Canada is expected to prompt Canada’s large banks to raise their prime lending rates, a move that will drive up the cost of variable-rate mortgages and other variable-interest rate loans.
thestar.com
We know – more changes?! How can that be! With this ever-changing landscape, mortgages continue to get more complicated. This next round of changes is predicted to take affect this coming October 2017 (date not yet available). These new rules contain three possible changes, the most prominent bein...
dominionlending.ca

Call Jeewen Gill to find out how much would your home sell for today!
Jeewen Gill, Broker of Record
Nationa Realty Exchange Corp.
Text/ Call: 519 791 9600

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A group of 13 Ontario real estate boards, which calls itself The Ontario Collective, recently launched the first phase of an enhanced regional MLS System.
remonline.com
Canada's top banking regulator has published the final version of its new mortgage rules, which include a requirement to "stress test" borrowers with uninsured loans to ensure they could withstand higher interest rates.
cbc.ca
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Avtar Terry Rakhra is with Meenu Malik.

This morning the Ontario government announced new legislation that will increase consumer protection in the real estate marketplace. The Real Estate Council of ...Ontario (RECO) is pleased with the announcement made by Minister Tracy MacCharles earlier today about proposed changes to real estate regulations in the province. These changes reflect recommendations that RECO made to government in January 2017.

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In April 2017, the Government of Ontario announced Ontario’s Fair Housing Plan, comprised of 16 new housing measures. As part of the Housing Plan, many of the measures focused on the rental-housing market and introduced Bill 124, the Rental Fairness Act, 2017. Ontario recently announced new rules pe...
oreablog.com

Residential sales activity recorded through the MLS® System of the Windsor-Essex County Association of REALTORS® numbered 664 units, edging down 2.4% from July 2016.

Housing Market Stats CREA compiles and analyzes numerous factors affecting the real estate market for the public, REALTORS® and governments. With the accurate, up-to-date information that CREA provides: The public gets a snapshot of the Canadian housing market; REALTORS® can knowledgeably advise the...
crea.ca

Interest Rate increased by 0,25 point.

The central bank last raised its key interest rate target in September 2010. More to come.
thestar.com
-- The Toronto Real Estate Board has examined property assessment and land registry data in Ontario and has concluded that foreign buyer ownership, as well as speculation by foreign and domestic buyers and multiple ownership in the Greater Golden Horseshoe housing market remains low.
trebhome.com
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CBC News was live.

LIVE: Ontario Premier Kathleen Wynne announces measures aimed at cooling southern Ontario's housing and rental market. http://www.cbc.ca/1.4077094