@MoveSmartly

Move Smartly Realty Inc

 Toronto, Ontario
movesmartly.com
Joined September 2015
  • Tweets3.1K
  • Following368
  • Followers3.8K
346Media
The Condo Rental Glut Is Clearing Faster Than Most People Realize hubs.la/Q04BLJ210

The Condo Rental Glut Is Clearing Faster Than Most People Realize

The number of condos for rent in the Toronto area is down 29% from last year and 44% from the peak. Rents have stopped falling, but they are still about 10% below where they were in 2023.

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US inflation came in hotter than expected, but the bond market’s reaction was surprising. In this week’s mortgage update, @Dave_at_IMP explains what happened and what it could mean for Canadian mortgage rates - hubs.la/Q04BCzDt0
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What's happening in the GTA housing market? Tune in LIVE tomorrow, Oct 15th at 12 PM ET, for our Monthly Market Update! With host @JohnPasalis and guests @Smarter_RE & @DavinRealosophy from @MoveSmartly and @Dave_at_IMP, our Mortgage Expert! Watch here 👉 hubs.la/Q04B8cY50
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Weak US Employment Casts Doubt on Urgent Need for More Fed Hikes hubs.la/Q04z9MBJ0

Weak US Employment Casts Doubt on Urgent Need for More Fed Hikes

Last week we learned the US economy added an estimated 29,000 new jobs in September, well below the consensus forecast of 90,000. In addition, the US Department of Labor reduced its previous estima...

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GTA Home Sales Slow Again in September hubs.la/Q04z27k40

GTA Home Sales Slow Again in September

House sales fell 10% from last September and condo sales fell 8%. Higher mortgage rates and falling consumer confidence are slowing the market again.

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Our weekly mortgage update from @Dave_at_IMP, with the latest on rates, inflation, and the Bank of Canada 🏠📈 hubs.la/Q04ytxNL0
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A Contrarian Take on Where Canadian Mortgage Rates May Be Heading hubs.la/Q04ytw8_0

A Contrarian Take on Where Canadian Mortgage Rates May Be Heading

The current consensus narrative in the bond market is that spiking energy prices will lead to more generalized inflation pressure. There is little evidence of this occurring thus far, but as the...

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Why Canada Shouldn't Let Foreign Buyers Back Into Our Housing Market hubs.la/Q04ycv3w0

Why Canada Shouldn't Let Foreign Buyers Back Into Our Housing Market

Canada should let foreign buyers purchase new homes. That would help developers pre-sell enough new single-family homes and townhouses to secure financing, boosting supply and improving affordability.

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How Seniors Are Losing Their Homes to Mortgages They Didn't Understand hubs.la/Q04y8h1D0

How Seniors Are Losing Their Homes to Mortgages They Didn't Understand

Last week I interviewed David Sterns, a partner at Sotos Class Actions in Toronto. He is acting without fee, along with lawyers from the Advocacy Centre for the Elderly, in a case alleging a pattern...

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The Fed’s policy-rate movements can have implications for Canadian mortgage rates. Our mortgage expert @Dave_at_IMP looks at what the latest moves could mean for Canadian borrowers and the mortgage market - hubs.ly/Q04xZJ8_0
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How the Fed’s Hike Impacts Canadian Mortgage Rates hubs.ly/Q04xZHWj0

How the Fed’s Hike Impacts Canadian Mortgage Rates

In its very brief accompanying statement, the Fed assessed that “economic activity is expanding at a solid pace”, despite elevated geopolitical uncertainty. It observed “resilient” domestic spending,...

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US inflation was largely in line with expectations, but hotter core inflation could keep pressure on interest rates. @Dave_at_IMP shares his latest mortgage advice and what it could mean for Canadian borrowers - hubs.la/Q04xs-QS0
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Is the US Federal Reserve About to Hike? hubs.la/Q04xsRgD0

Is the US Federal Reserve About to Hike?

The US Consumer Price Index (CPI) increased by 3.4% (annualized) in August and by 0.4% month-over-month. Both results were in line with the consensus forecast. But the US core CPI, which strips out...

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We’re LIVE tomorrow 👉 September 10th at 12 PM ET - join us for our Monthly Market Update 🎥 With host @JohnPasalis and guests @Smarter_RE & @DavinRealosophy from @MoveSmartly and @Dave_at_IMP, our Mortgage Expert! hubs.la/Q04x3tNz0
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Toronto's Airbnb Condos: The 10 Condos Where Short-Term Rentals Dominate hubs.la/Q04w_4Ns0

Toronto's Airbnb Condos: The 10 Condos Where Short-Term Rentals Dominate

The 10 condo buildings with the highest share of registered short-term rentals — and what it means for buyers and renters.

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The Bank of Canada held its policy rate steady last week, as widely expected. Here’s @Dave_at_IMP latest take on the decision and what it means for the mortgage market - hubs.la/Q04wXTNJ0
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The Bank of Canada’s Surprisingly Hawkish Turn hubs.la/Q04wXR3Z0

The Bank of Canada’s Surprisingly Hawkish Turn

The BoC continued to acknowledge both the upside inflation risks tied to spiking energy prices and the downside risks tied to the escalating US trade war, but it placed much more emphasis on the...

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GTA Home Buyers Hit Pause in August hubs.la/Q04wsRyZ0

GTA Home Buyers Hit Pause in August

House sales fell 9% from last August. Condo sales fell 11%. That reverses the trend we had been watching all spring.

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The Canadian Economy Shows Resilience in Q2 — but what does it mean for mortgage rates? @Dave_at_IMP breaks down the latest numbers and shares his weekly mortgage advice 🏠📈 - hubs.la/Q04v-DWz0
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Trade tensions are rising again - What could new tariffs mean for the economy and mortgage rates? Our mortgage expert @Dave_at_IMP shares his latest take - hubs.la/Q04v4fJw0
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