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

housing affordability News and Articles | My Blog

Why condos are more expensive than houses in the Greater Toronto Area

11/11/2017 | Posted in Home Buyers by Michael Antczak

house-keys--home-sold-122.jpg - Real Estate News

Did you know that it’s actually less expensive to buy a home compared to a condo.

... More


Among Canada's housing markets, Toronto remains the most 'puzzling'

10/10/2017 | Posted in Real Estate Market by Michael Antczak

canadian-money-houses-53.jpg - Real Estate News

Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More


CMHC explores cutting red tape for self employed borrowers

10/2/2017 | Posted in Home Buyers by Michael Antczak

first-time-home-buyers-22.jpg - Real Estate News

The national housing agency is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can ... More


Province to unlock additional land for housing

9/13/2017 | Posted in Toronto News by Michael Antczak

ontario-government-146.jpg - Real Estate News

The Ontario government has addressed the province’s housing supply issue by vowing to unlock provincial land for the use of housing.

... More


Mortgage rule changes are cooling housing market: Morneau

8/22/2017 | Posted in Mortgages and Real Estate by Michael Antczak

sold-house-23.jpg - Real Estate News

Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More


The darker side of low rates

8/22/2017 | Posted in Mortgages and Real Estate by Michael Antczak

marketing-analysys-104.jpg - Real Estate News

Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser ... More


Supply not the main factor in Toronto's housing woes: Commentary

8/15/2017 | Posted in Toronto Real Estate by Michael Antczak

market-growth-3.jpg - Real Estate News

While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that ... More


Bank of Canada Believes Housing Is Still Pretty Cheap

6/23/2017 | Posted in Real Estate Market by Michael Antczak

Bank-of-Canada-4.jpg - Real Estate News

Turns out housing may be affordable, acording to Bank of Canada (BoC) Housing Affordability Index which shows that the cost of housing across Canada is below historic norms. We ... More


Obsession with home ownership driving Toronto affordability crisis, report finds

5/23/2017 | Posted in Toronto Real Estate by Michael Antczak

home-buyers---client-handshake-130.jpg - Real Estate News

The Toronto area will need up to $150 billion in new home construction in the coming decade and most of that should be rental units, says a report from the Canadian Centre for ... 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

condos-highrises-101.jpg - Real Estate News

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.

... More


BoC's Poloz issues warning about speculation in Toronto housing market

4/14/2017 | Posted in Toronto Real Estate by Michael Antczak

real-estate-67.jpg - Real Estate News

Bank of Canada Governor Stephen Poloz has issued a warning about “unsustainable” speculation in the Toronto region’s housing market but says an interest-rate ... More


Cool Toronto's market by cutting tax - not raising it

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

couple-laptop-106.jpg - Real Estate News

Jack Mintz: If Premier Kathleen Wynne wants to score a big win with home-buying voters, why not get rid of the land-transfer tax altogether?

... More


Home Prices Up 0.9% in March

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

teranet-national-bank-16.jpg - Real Estate News

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


Toronto and Vancouver housing affordability still at high-stress levels: RBC

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

toronto-vancouver-real-estate-90.jpg - Real Estate News

The fourth quarter of 2016 saw Canadian housing costs remain at overheated levels despite the imposition of various federal and provincial measures to address the prevalent ... More


How to cool a red-hot housing market

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

real-estate-market-growth-125.jpg - Real Estate News

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

... More


Sousa promises measures to cool Ontario's overheated housing market

3/28/2017 | Posted in Ontario Real Estate by Michael Antczak

map-of-ontario-canada-63.jpg - Real Estate News

Attention hard-pressed homebuyers: Finance Minister Charles Sousa is promising help in his spring budget to make houses and condos more affordable.

... More


Toronto house prices may jump 25% this year: Report

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

home-for-sale-ontario-canada-131.jpg - Real Estate News

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


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

sold-house-23.jpg - Real Estate News

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

... More


Big banks are freaking out about Toronto real estate

3/5/2017 | Posted in Toronto Real Estate by Michael Antczak

toronto-vancouver-real-estate-90.jpg - Real Estate News

Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ... More


Toronto condo sales push to records as buyers get squeezed out of the low-rise market: report

2/7/2017 | Posted in Toronto Real Estate by Michael Antczak

condos-highrises-101.jpg - Real Estate News

Priced out of detached houses and other low-rise products, Toronto buyers poured into condominiums units last year to create a 10-year low in inventory, according to a recent ... More


Government intervention in Toronto more likely by the day: RBC

1/30/2017 | Posted in Toronto Real Estate by Michael Antczak

toronto-map-29.jpg - Real Estate News

In a report released last week, the Royal Bank of Canada cautioned that the trends and conditions in Toronto real estate point to the growing possibility of government ... More


First-time buyers delaying due to mortgage rules

1/9/2017 | Posted in First Time Home Buyers by Michael Antczak

contract-real-estate-mortgage-102.jpg - Real Estate News

The tightened mortgage rules introduced by the federal government last year are having a negative effect on the homebuying plans of first-time buyers.

... More


Stop blaming the Greenbelt for Toronto's housing prices

1/3/2017 | Posted in Toronto Real Estate by Michael Antczak

toronto-map-29.jpg - Real Estate News

A number of critics would have us believe that Ontario’s land-use legislation is the top culprit for rising house prices in the Greater Toronto Area – namely the ... More


Ontario's home costs growing by approximately $2K every few days

11/23/2016 | Posted in Ontario Real Estate by Michael Antczak

market-growth-103.jpg - Real Estate News

Over the past year, the average price of homes in Ontario has swelled by more than $88,000, translating to a growth rate of around $2,000 every 8 or 9 days.

... More


Toronto Million-Dollar Homes Pushing Demand to Nearby Cities

11/10/2016 | Posted in Ontario Real Estate by Michael Antczak

home-for-sale-39.jpg - Real Estate News

Toronto’s hot housing market is driving residents to seek more affordable options outside Canada’s largest city, pushing demand for new properties to new highs in ... More


FOR SELLERS
Are you thinking of selling your property
and would like to know how much it can sell for?
Click here to get your property appraised for FREE!
FOR BUYERS
Thinking of buying a home or investment property?
Sign-up for FREE to get immediate access to listings
in your desired area as soon as they hit the market!
PROPERTY SEARCH IN GTA
Are you thinking of buying your first property,
downsizing, or looking to upgrade to bigger and better?
Click here to search through thousands of listings!