October 2016 New Mortgage Rules Toronto and GTA Average Sale Price Market

September 2016 News Harvey Kalles Real Estate Toronto New Mortgage Rules

October 2016 New Mortgage Rules in effect With the new Release of Mortgage Rules effective October 17th this year, the Federal Government is merely being conservative in Buyers now having to qualify for a Mortgage based on Bank’s Posted 5 year fixed rate of 4.5% instead of the Bank’s Discounted rate of $2.5%.  This is to make sure that applicants can … Read More

August 2016 Toronto & GTA Housing Market Harvey Kalles Real Estate

Toronto Real Estate Housing Market

  AUGUST 2016 Continued with Lack of Supply and Pressure of Demand As the Dog Days of the Hot Summer come to a close, the Real Estate Market in Toronto and GTA, is still experiencing the Heat of Summer as in, a continued Hot Market. Detached and Semi-Detached Home Prices keep climbing especially in Toronto, and the Condo Market is … Read More