Mortgage 101 for New Canadians: Understanding Mortgage Basics (Part 1)

Credit to Author: TD| Date: Mon, 18 Sep 2023 12:30:25 +0000

Buying your first home in Canada as a newcomer is an exciting milestone and one of the most important decisions you will make. By understanding the world of Canadian mortgages, you’ll be better prepared to achieve your homeownership goals in your new country. In this two-part series, we will explore the essential aspects of Canadian […]

The post Mortgage 101 for New Canadians: Understanding Mortgage Basics (Part 1) first appeared on CIC News.

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Mortgage 101 for New Canadians: Understanding Mortgage Basics

Credit to Author: TD| Date: Mon, 18 Sep 2023 12:30:25 +0000

Buying your first home in Canada as a newcomer is an exciting milestone and one of the most important decisions you will make. By understanding the world of Canadian mortgages, you’ll be better prepared to achieve your homeownership goals in your new country. In this two-part series, we will explore the essential aspects of Canadian […]

The post Mortgage 101 for New Canadians: Understanding Mortgage Basics first appeared on CIC News.

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Report: First-time home buyers face affordability obstacles in Toronto

Credit to Author: Edana Robitaille| Date: Thu, 14 Sep 2023 12:00:56 +0000

The latest data from the Canadian Real Estate Association shows that the average price of a home in Ontario exceeds $850,000 as of July 2023. In Toronto, the median price for a single detached home in the second quarter of 2023 was $1,350,000. A new study, How Low Can Prices Go in T.O.? Even A […]

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CREA: Average home price in Canada expected to drop 4.8% by end of 2023

Credit to Author: Vimal Sivakumar| Date: Thu, 20 Apr 2023 13:00:29 +0000

The Canadian Real Estate Association (CREA) has indicated that they expect the average price of a home across Canada to decrease by 4.8% by the end of this year. This percentage decrease is compared to the average price of a home at the end of 2022. Based on the CREA’s projections, the process of buying […]

The post CREA: Average home price in Canada expected to drop 4.8% by end of 2023 first appeared on CIC News.

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