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Paul DeAdder | Real Estate Sales Representative Serving 
Downtown Toronto | Sutton City Realty Inc., Brokerage

My Real Estate Blog - Market Trends, Tips & Updates

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Canadian housing starts increased in July

8/11/2020 | Posted in Canadian Housing Market by Paul DeAdder

The trend in housing starts was 204,376 units in July 2020, up from 199,778 units in June 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure ... More

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The Mortgage Stress Test Loosens Up

8/10/2020 | Posted in Mortgage News by Paul DeAdder

Effective this week, it gets a little easier to buy a house or refinance.

... More

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CMHC not the only group expecting a 'deferral cliff'

8/10/2020 | Posted in Mortgages and Real Estate by Paul DeAdder

While shrinking mortgage delinquencies during the first quarter have set the stage for even lower Q2 readings, analysts warned that a significant increase might take place ... More

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Retailers use bankruptcy to break leases by the thousands

8/7/2020 | Posted in Commercial Real Estate by Paul DeAdder

Why US major retailers choose bankrupcy protection? Coming very soon to Canada ...

... More

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TRREB Releases July Resale Housing Report

8/6/2020 | Posted in GTA News by Paul DeAdder

Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July ... More

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Toronto condo sales down 50 per cent from last year, but prices are up: TRREB

8/2/2020 | Posted in Toronto Real Estate by Paul DeAdder

The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by since last year, but the average selling price is up.

... More

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Canadians who owe the tax man are getting another reprieve because of COVID-19

7/29/2020 | Posted in Canada Living by Paul DeAdder

Canadians who owe the tax man are getting another reprieve because of COVID-19.

... More

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Landlord and Tenant Bill Passes

7/23/2020 | Posted in Ontario Real Estate by Paul DeAdder

The Ontario government has passed Bill 184, Protecting Tenants and Strengthening Community Housing Act, 2020 into law as a way to provide stability to the province's rental ... More

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How much does a 'middle class' lifestyle cost in Toronto?

7/25/2020 | Posted in Toronto Living by Paul DeAdder

Condos in Toronto’s downtown core have become increasingly out of reach of most household budgets, skewing what it means to be “middle-class” in one of ... More

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Toronto homebuyers won't leave city for suburbs as pandemic drags on

7/28/2020 | Posted in Toronto Real Estate by Paul DeAdder

Throughout the COVID-19 pandemic, homeowners have had a lot of time to reassess what they need in a home. For some, this has meant considering a new property outside of the ... More

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Toronto condo sales fall to lowest level since 2009

7/29/2020 | Posted in Toronto Real Estate by Paul DeAdder

Toronto’s condominium market showed significant slowdown in the second quarter, with sales dropping to their lowest levels since 2009, according to the Q2-2020 ... More

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CMHC eyeing 'new tools' as mortgage deferral cliff looms for borrowers

7/28/2020 | Posted in Canadian Housing Market by Paul DeAdder

This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest

... More

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What does Canada's rapid e-commerce growth mean for retail real estate?

7/27/2020 | Posted in Commercial Real Estate by Paul DeAdder

Latest data from Statistics Canada showed that e-commerce flourished in the months following the widespread implementation of COVID-19 mobility restrictions – leading ... More

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Some older personal finance rules may no longer apply, experts say

7/24/2020 | Posted in Financial Health by Paul DeAdder

There are some financial maxims younger generations hear from well-intentioned parents and other figures in their lives, but experts say that many of those go-to personal ... More

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Here's where house prices are rising the fastest in Toronto right now

7/22/2020 | Posted in Toronto Real Estate by Paul DeAdder

A limited supply of houses for sale, paired with rising demand as COVID-19 pandemic restrictions lift, have caused real estate prices in Toronto to skyrocket over the past few ... More

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Teranet-National Bank data points to decline in home prices

7/21/2020 | Posted in Canadian Housing Market by Paul DeAdder

Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market ... More

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Downtown Toronto experiencing spike in office vacancies

7/20/2020 | Posted in Commercial Real Estate by Paul DeAdder

Toronto’s commercial segment continues to labour under adverse conditions, with the downtown market recently seeing a spike in office vacancies.

... More

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Housing starts stay strong, but 'confusing' fall ahead: CIBC

7/14/2020 | Posted in Canadian Economy and Housing Market by Paul DeAdder

While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More

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Bank of Canada will maintain current level of policy rate

7/15/2020 | Posted in Mortgage Interest Rates by Paul DeAdder

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent.

... More

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Canadian home sales and new listings up again in June

7/15/2020 | Posted in Canadian Housing Market by Paul DeAdder

Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020.

... More

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