Condo crisis continues, Bond yields surge, Affordability improves, TD layoffs, More

Toronto condo slump leaves move-up buyers in the lurch View web version | Forward to a colleague 23 May 2025 Top News Toronto condo slump leaves move-up buyers in the lurch Homeowners hoping to upsize are suddenly seeing lower demand – and falling prices – as they try to sell their current property Seven Canadian cities see mortgage affordability improve How are market shifts impacting borrowing costs? Surging bond yields send fixed mortgage rates higher Amid mounting economic uncertainty, fixed rates are creeping upwards – and doubt over the BoC's path ahead could keep variable rates steady TD lays off 2,000 jobs, doubles down on AI and tech after AML settlement Layoffs part of $650M cost-cutting plan focused on AI and digital investment Multifamily rental investments hit pause after 2024 jump Economic uncertainty and tariffs weigh on Q1 2025 activity Study blames large financial firms for driving Toronto rents higher Private equity and REITs charging highest rent premiums Over $2.4 billion in mortgage volume: How Finmo supercharged BRX Mortgage 'We grew quickly, to doing thousands of deals in a short span of time' International News As US home prices dip for first time since 2022, is the market finally turning? Redfin's latest data hints at a changing pace Majority of mortgage holders unaware of their interest rate They could be missing out on savings after recent rate cuts Mortgage broker mistakes - and learning from them Acknowledging your errors, builds trusting relationships with clients New Zealand housing market balances amid rising listings Housing supply high – but not oversupplied nationwide, according to BNZ Want to change how you receive these emails? You can manage your preferences or unsubscribe. © 2025 KM Business Information Canada Ltd. 317 Adelaide Street West, Toronto, ON Privacy | Conditions of Use | About us | Contact us

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