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Metropolitan Home Appraisals

Metropolitan Home Appraisals

Professional residential real estate appraisal services

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Market uncertainty is forcing a second look

October 25, 2017November 14, 2017 David

Here’s what happens if you got yourself into a bidding war in March and your bank comes back with an appraisal nowhere near what you actually paid… The potential for rapidly dropping prices in southern Ontario is forcing appraisers to Read More

Toronto leads gain for new housing prices

October 25, 2017November 14, 2017 David

Prices for Canada’s new housing were up 0.7% in May, driven by a 1.1% increase for Toronto. Statistics Canada says that the increase in Toronto was due to market conditions, a shortage of developed land and higher construction costs. Market Read More

Bank of Canada Raises Benchmark Rate to 1%

October 25, 2017November 14, 2017 David

The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be curbed by a rising Canadian dollar and sluggish inflation. Policy makers raised Read More

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