Get your complementary Pre-Approval from aDiamondMortgage, here Toronto Surpasses Vancouver as Canada’s priciest market RBC’s chief economist says despite skyrocketing prices, some moderation is likely this year Recent weeks have seen a significant milestone on Canada’s housing and mortgage fronts: after decades with the dubious honour of being the country’s priciest city, Vancouver was finally overtaken by its [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here. Bank Of Canada Says Speculative Investors Account For 19% Of Homebuyers A new study from the Bank of Canada has found that speculative investors account for nearly one-fifth (20%) of home purchases dating back to 2014, a figure that has rapidly outpaced other types of buyers during the pandemic. The report, [&hellip…
Get your complementary Pre-Approval from aDiamondMortgage, here. 75% of Gen Z Adults Plan to Buy a Home Despite Affordability Hurdle Home ownership continues to be a priority for most young adults. Three quarters of Generation Z adults in Canada plan to buy a home in their lifetime, half of whom say that goal is “very likely,” according to [&hellip…
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