As of June 1 of this year, the rule to qualify for a mortgage loan has changed, after the federal government increased the minimum financial bar. The increase in the “stress test” is now 5.25% or two full percentage points above the mortgage rate that a...
The pandemic has generated significant changes in the Canadian real estate sector. Among these are short-term rentals from the popular Airbnb platform, which have been migrating to the long-term rental system. A recent report from the city of Toronto indicates that...