Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

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Canada accumulating private debt faster than any other advanced economy

6/22/2017 | Posted in Real Estate Market by Michael Antczak

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We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations.

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Looming rate hikes seen dousing Canadian consumers, housing market

6/19/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More


CREA Updates Resale Housing Market Forecast

6/15/2017 | Posted in Real Estate News by Michael Antczak

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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More


BMO CEO downplays housing risk

6/12/2017 | Posted in Real Estate Market by Michael Antczak

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The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... More


Most sweeping rent controls in 25 years could end up making Toronto housing more expensive if building halts

5/16/2017 | Posted in Ontario Real Estate by Michael Antczak

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Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.

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Canadian home sales drop in April

5/15/2017 | Posted in Real Estate Market by Michael Antczak

crea-news-18.jpg - Real Estate News According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More


High house prices prompt Moody's downgrade for Canadian banks

5/11/2017 | Posted in Financial Health by Michael Antczak

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Moody’s has downgraded its ratings for six Canadian banks due to their exposure to risk from high house prices and household debt.

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Toronto, Victoria are world's 'hottest' luxury real estate markets

5/11/2017 | Posted in Real Estate Market by Michael Antczak

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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More


Toronto real estate sales climbed in past week, but overall cooling could be coming

5/2/2017 | Posted in Toronto Real Estate by Michael Antczak

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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More


Activity in Canada's largest urban centres encouraging local buyers to relocate to surrounding markets : Re/Max

4/25/2017 | Posted in Real Estate Market by Michael Antczak

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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More


No measures that could boost demand for housing in Toronto: Morneau

4/19/2017 | Posted in Toronto Real Estate by Michael Antczak

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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More


Canadian home sales edge higher from February to March

4/18/2017 | Posted in Real Estate Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.

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Home Prices Up 0.9% in March

4/12/2017 | Posted in Real Estate Market by Michael Antczak

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In March, the Teranet–National Bank National Composite House Price Index™ was up 0.9% from the previous month, the largest March rise in 10 years. This increase is ... More


Six stunning numbers about Toronto real estate and your personal finances

4/8/2017 | Posted in Toronto Real Estate by Michael Antczak

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From a personal finance point of view, Toronto real estate makes your head spin. Monthly price increases for resale houses in the city are amazing enough in their own ... More


Experts weigh in on hot Toronto house prices

4/8/2017 | Posted in Toronto Real Estate by Michael Antczak

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Interest rates, lack of supply, speculators and foreign buyers may all be contributing to rapid price growth.

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Royal Bank CEO 'increasingly concerned' about Toronto, Vancouver housing markets

4/6/2017 | Posted in Real Estate Market by Michael Antczak

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Royal Bank's CEO said he's "increasingly concerned" about the Toronto and Vancouver housing markets and would welcome government intervention in the ... More


GTA REALTORS® Release Resale Housing Market Figures

4/5/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in ... More


How to cool a red-hot housing market

4/2/2017 | Posted in Real Estate Market by Michael Antczak

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Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them.

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The Toronto housing fix: Be careful what you wish for

3/31/2017 | Posted in Toronto Real Estate by Michael Antczak

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With Toronto housing getting harder and harder to afford, governments are under pressure to “do something” – always a dangerous moment. Several ideas are ... More


Toronto house prices may jump 25% this year: Report

3/27/2017 | Posted in Toronto Real Estate by Michael Antczak

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Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More


Ontario urging Ottawa to change tax rules in bid to curb real estate speculation

3/20/2017 | Posted in Real Estate News by Michael Antczak

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Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.

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Canadian home sales climb in February

3/15/2017 | Posted in Real Estate Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.

... More


CREA Updates and Extends Resale Housing Market Forecast

3/15/2017 | Posted in Real Estate Market by Michael Antczak

crea-forecast-update-97.jpg - Real Estate News

The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More


Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong

3/14/2017 | Posted in Real Estate Market by Michael Antczak

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Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ... More


Canada's red hot real estate heats up apartment market to heights not seen in 30 years

3/7/2017 | Posted in Real Estate Market by Michael Antczak

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Vacancy rates are tight across Canada as residents find themselves priced out of the housing market.

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Prices soar 30 per cent in this Ontario market

3/6/2017 | Posted in Ontario Real Estate by Michael Antczak

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The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher.

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Government "very focused" on monitoring housing market: Finance Minister

3/6/2017 | Posted in Toronto Real Estate by Michael Antczak

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The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More


GTA REALTORS® Release Monthly Resale Housing Market Figures

3/3/2017 | Posted in GTA Real Estate by Michael Antczak

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Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in ... More


Canadian home sales edge down from December to January

2/15/2017 | Posted in Real Estate Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were down slightly in January 2017 on a month-over-month basis.

... More


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