Farheen Hasan

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As Toronto’s housing market cools, some sellers face tricky situations

With a new home and a baby on the way, this summer was meant to be joyful for Pickering teacher A.J. Smith. Instead, he's found himself squeezed by the Greater Toronto Area's housing-market slowdown, watching tens of thousands of dollars evaporate from the value of a house he needs to sell by Aug. …

Ontario new housing rules take a bite out of new construction numbers for country

Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to …

Toronto home sales drop most since recession as new rules put brakes on market

TORONTO — Sales of existing homes across the Greater Toronto Area dropped a whopping 20.3 per cent in May from a year ago, while the average home …

Yes, a sudden chill. But just look at these home prices in the Toronto area ...

Yes, Toronto home prices may be easing in the wake of Ontario’s new measures.<p>But consider the inflated levels at which they still stand, and what it would take to bring them truly back to Earth. If they can actually come back to Earth.<p>“Benchmark prices still look like they were up somewhat in May, …

TREB May numbers show a soft month for Toronto real estate market

Has the searing Greater Toronto Area housing market lost some of its sizzle? ​<p>According to the latest statistics from the Toronto Real Estate Board …

'The market has changed': Buyers welcome cool-down in Toronto housing market

The latest real estate numbers out of Toronto this week show a marked slowdown in terms of prices and sales volumes. And while that's causing …

Toronto could become a ‘buyer’s market’ in coming months: RBC

Toronto could soon turn into a buyer’s market, according to a new report by RBC.<p>“Don’t be surprised if the Toronto-area market moves into a buyer’s …

How to play Toronto’s falling real estate prices

A little goes a long way<p>In an expensive housing market, even a small price decline can lower your mortgage costs significantly. Here's an example from the Toronto market using a five-year, fixed-rate mortgage at 2.5 per cent with a 25-year amortization period. A 10-per-cent down payment is also …

Canadians' Faith In Real Estate Fizzles As Toronto Sales Plunge

Canadians’ confidence in the housing market hit an all-time high less than a month ago — but a month, it turns out, is a long time in real …

Face it, Canada—you're a real estate addict, and no one wants a cure

Canada's housing mania is a collective lunacy fuelled by debt and irrational hope<p>Why, Canada! It's great to see you, old friend. Here, take the comfortable seat by the window. You're probably wondering why I'm here in your living room, so let me blurt it out. This is an intervention. And, yes, it's …

GTA home sales plunge as much as 61 per cent | The Star

That could reflect the trapped state of home sellers, who have already bought a new house and are struggling to sell their old property so they …