Tag: housing market
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Toronto to Hike Land Transfer Tax on Luxury Homes: What Buyers Need to Know
Overview of the Tax Change Toronto City Council has approved a plan to increase the Municipal Land Transfer Tax (MLTT) on luxury home sales, targeting properties priced above $3 million. The new rules, part of the city’s broader revenue-raising measures, would see buyers of homes valued between $3 million and $4 million pay an MLTT…
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Will Singapore’s Home Loan Rates Keep Falling in 2026? A Look at the 2026 Mortgage Outlook
Singapore’s Mortgage Rates at Three-Year Lows: A Brief Recap Mortgage rates in Singapore have slipped to their lowest levels in three years, providing relief to homeowners who’ve faced a tough financing environment in recent times. The drop aligns with global rate movements and the policy stance of major central banks, notably the United States Federal…
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Suburbs Where Homeowners Sell at a Loss in 2024-25
Why some suburbs stand out as loss-making for sellers While the overall market has improved for many home sellers, a subset of suburbs continues to see more owners exiting with a loss. The latest figures show that, though profits are possible in today’s market, location remains a decisive factor. In particular, high-density neighbourhoods often face…
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Suburbs Where Homeowners Are Selling at a Loss: What This Means for Sellers
Market Snapshot: Profitable Selling for Most, but Not All Across many markets, home sellers are increasingly likely to walk away with a profit, a dynamic not seen in two decades. Yet this broadly optimistic picture hides pockets of risk. In particular, a handful of high-density suburbs are seeing buyers and sellers navigate tougher conditions, where…
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Suburbs Where Homeowners Sell at a Loss: Market Insight
Understanding the Trend: Suburbs Where Homeowners Sell at a Loss New market data shows that while many sellers are still enjoying gains, a subset of high-density suburbs continues to see properties move at a loss. In the latest quarterly figures, about 4.5% of homes that change hands in certain dense neighborhoods end up selling for…
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First-time Buyers Take on Record £82bn in ‘Mega Mortgages’ as Lending Rules Lounge
Record lending for first-time buyers challenges conventional wisdom on affordability First-time buyers in the UK took on a record £82 billion of new mortgages in a sign that demand for property remains robust even as lending policies flex under pressure. The growth is being fuelled by the so-called “mega mortgages,” loans that stretch well beyond…
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First-time Buyers Take on Record £82bn in Mega Mortgages as Rules Relax
Record Lending to First-Time Buyers Marks a Turning Point First-time buyers are borrowing a record amount to enter the housing market, with lenders approving around £82bn in new mortgages deemed ‘mega mortgages’ due to their high loan-to-income ratios. The surge comes as regulatory tinkering and market dynamics push lenders to stretch affordability tests in pursuit…
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November Home Sales in Canada Fall as Prices Dip and Buyers Sit on the Sidelines
November Market Snapshot Canada’s residential real estate market cooled noticeably in November, with both activity and prices retreating as sellers offered discounts to move properties. Real estate professionals reported a pullback in transactions as buyers remained cautious, signaling a shift in the late-year dynamic that has defined the market in recent months. What Slowed the…
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What Happened Tuesday: Key Mortgage and Housing News You Need to Know
What Happened Tuesday in Mortgage and Housing News Here’s your concise briefing on Tuesday’s top mortgage and housing headlines. If you’re shopping for a home, refinancing, or simply watching the market, this quick update covers what moved, what stayed the same, and what it could mean for your wallet. Mortgage Rate Changes On Tuesday, there…
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What Happened Monday: Mortgage Rates Unchanged and Market Highlights
Mortgage Rates Hold Steady on Monday Markets paused today as lenders kept mortgage rates unchanged for another session. For homebuyers and homeowners alike, this stability means a familiar landscape: predictable monthly payments for those locking in now or renewing in the near term. While rates didn’t move, it’s important to stay informed about the factors…