Greater Toronto home sales rise 9.4% in June https://kia.mortgage/news/greater-toronto-home-sales-up Introduction to the Canadian Mortgage Market The latest data from the Canadian Mortgage News Source indicates a 9.4% increase in home sales in the Greater Toronto Area (GTA) for June, compared to the same period last year. This uptick in sales occurred despite a slowdown in […]

Greater Toronto home sales increase 9.4% in June /greater-toronto-home-sales-june Introduction to Toronto’s Housing Market The Greater Toronto Area (GTA) has seen a significant increase in home sales, with a 9.4% rise in June compared to the same period last year. This growth is notable, given the current state of the Canadian housing market. As a

Expert mortgage brokers guide Ontario homebuyers Mortgage Tech Strategy Introduction to Mortgage Tech Strategy As a seasoned Ontario mortgage broker, I’ve seen the rise of AI tools in the mortgage industry. Recently, Deeded CEO Reuven Gorsht emphasized the importance of identifying the problem you’re trying to solve before choosing an AI tool. This approach can

US trade deal change affects Canada mortgage /us-decides-against-renewing-cusma Introduction to CUSMA Changes The recent decision by the US to abandon the renewal of the Canada-US-Mexico Agreement (CUSMA) in favor of annual reviews has sent ripples through the Canadian economy, including the mortgage market. As a mortgage broker in Ontario, I will analyze the implications of

Canada’s economy set to rebound, impacting mortgage rates canada-economy-rebound-impacts-mortgage-rates Introduction to Canada’s Economic Rebound Canada’s economy is poised for a sharp rebound in the second quarter, driven by a surge in oil production. This uptrend marks a significant shift, breaking a half-year stagnation period. As an Ontario mortgage broker, I will analyze the implications of

Canada’s economy to rebound in Q2, oil production surges canada-economy-rebound Introduction Canada’s economy is poised for a significant rebound in the second quarter, driven by a substantial increase in oil production. This uptick is expected to break the half-year stagnation, and its impact will be felt across various sectors, including the mortgage market. As a

Poilievre asks Parliament to probe B.C. condo bailout /bc-condo-bailout-implications The Canadian housing market is abuzz with the latest development, as Conservative Leader Pierre Poilievre calls on Parliament to investigate Ottawa’s proposal to convert unsold condominium units in British Columbia into affordable housing. As a seasoned mortgage broker in Ontario, I will delve into the implications

Economists cut Canada’s 2026 growth forecast after a surprise economic slump https://kia.mortgage/blog/canadas-2026-growth-outlook Introduction to Canada’s Economic Slump Canada’s economy has experienced a surprise slump, prompting economists to slash their growth forecasts for 2026. As a mortgage broker in Ontario, I’ll analyze the implications of this news on the mortgage market and provide insights for homebuyers,

Economists lower Canada’s 2026 growth forecast after recession talks /economists-slash-canadas-2026-growth-outlook Introduction The latest economic news has sparked concerns among Canadians, particularly those in the mortgage market. A surprise economic slump has prompted forecasters to slash their expectations for Canada’s growth in 2026. As a mortgage broker in Ontario, I will analyze the implications of this

Meta description: Impact of B.C. condo buyout on Canada housing market and mortgage rates. /kia-mortgage/news/carney-bc-condo-proposal Introduction to the Proposal The recent announcement by Prime Minister Mark Carney regarding the conversion of British Columbia’s unsold condos into affordable housing has sparked a significant discussion in the Canadian mortgage market. As a mortgage broker in Ontario, it’s