I was on Arlene Bynon’s show on AM640 talking about how the pandemic has affected Toronto’s condo market.
First-Time Home Buyers ZOOMinar 2021 (Feb 13th)
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Continue ReadingDelinquencies & Deferrals
I’ve heard a lot of people comment that when those mortgage deferrals end, the housing market will be in trouble. Well it’s the end of October now and the market hasn’t collapsed.
The mortgage delinquency rate across Canada pre-covid was 0.29% and in Toronto where real estate is the most expensive, the rate was 0.11%, which is incredibly low.
I recently attended a presentation where Shaun Hildebrand from Urbanation highlighted some interesting statistics.
At the end of June 2020, 760,000 Canadians (roughly 16% of mortgage holders) had taken advantage of the mortgage deferral programs.
This Is Going To Make You Throw Up A Bit
One of the challenges for first-time buyers is the longer they wait, the harder it is to get in the market, as the housing market seems to increase faster than most people can save. And, as interest rates rise, mortgage payments will rise with them, making owning that much more expensive.
Continue ReadingNew Toronto Real Estate Market Data From Urbanation
Trends in the Real Estate Market Right Now (Global News Radio 640 Toronto)
Home Buying and Selling During COVID-19 (Toronto Real Estate Summit Panel DIscussion)
Discussing Family Law During The Pandemic (With Kathleen Laverick)
Family Lawyer, Kathleen Laverick, on what you need to know about getting separated, divorced, custody arrangements and living together and how the pandemic affected everything.
Continue ReadingHealth-Care Workers Look For Temporary Housing (CTV Interview)
Psychotherapist On Coping With The Lockdown (With Valerie Smith)
Psychotherapist, Valerie Smith, talks about coping mechanisms for our new life under quarantine, meditation, gratitude & anxiety.
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