Renewal jitters: Canadians concerned about upcoming mortgage renewals consider extending their amortization periods, switching lenders

74% of mortgagees with lending agreements set to renew within the next 18 months report feeling concerned about higher interest rates Highlights: TORONTO, October 26, 2023 – According to a recent Royal LePage survey conducted by Nanos,[1] 74 per cent of Canadians with a residential mortgage set to renew within the next 18 months say they are […]

Royal LePage’s Q3 2023 Home Price Update and Market Forecast

Despite weakened activity, Canadian home prices expected to remain stable for remainder of 2023 National year-end price forecast downgraded modestly following sluggish third quarter: Royal LePage Expect stable home prices through remainder of 2023 despite lower sales volumes Third quarter highlights: TORONTO, October 12, 2023 – According to the Royal LePage House Price Survey released today, […]

Waterloo Region Association of Realtors September Press Release

Surge of New Listings in September Against Low Number of Sales BY WRAROCTOBER 4, 2023MARKET STATS WATERLOO REGION, ON (October 4, 2023) — In September, there were 527 homes sold through the Multiple Listing Service® (MLS®) System of the Waterloo Region Association of REALTORS® (WRAR), representing an increase of 0.2 per cent compared to the previous year […]