Archive for the 'Market Insights Report' Category

In 2018, York Region saw the highest percent of refinanced mortgages sourced from private lenders in the GTA.

Of the five GTA regions, York Region had 21%. The next highest was Peel Region, followed by Toronto Region, then Durham Region, and, trailing behind the pack, Halton Region.

While Halton had the lowest percentage of private refinancing mortgages out of the five GTA regions, it has seen the fastest growth with private financing up 64% in 2018 over 2016 volumes.

Overall growth of refinanced mortgages from private lenders has been on the rise in all five GTA regions between 2016 and 2018.

See more of the latest real estate trends in the October 2018 Teranet Market Insights Report.

Get your copy here: wp-content/uploads/2018/10/Market-Insight-Report_Oct-2.pdf  

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When looking at demographic trends for private mortgages over the last two and a half years, Generation X (39 – 53 years old in 2018) has remained the largest group of consumers who turn to private lenders.

42% of all private mortgage transactions and 43% of the all private mortgage funds are provided to Gen X.

In comparison to the market as a whole, Gen X represents 43% of all mortgage transactions and 48% of all mortgage value.

Want more demographic real estate data? Download the October 2018 Teranet Market Insights Report. Get your copy here: https://www.teranet.ca/wp-content/uploads/2018/10/Market-Insight-Report_Oct-2.pdf

 

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The latest Teranet Market Insights Report #MIR is hot off the presses.

In this issue we take a deep dive into the recent surge in private mortgage lending in the GTA. We hope you enjoy!

Click here to download now.

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October 21, 2015

Being that ViMO is our little brother we thought it prudent to dedicate this week’s blog content to a fantastic new feature that the ViMO team at Teranet rolled out this past month.

As you likely already know, ViMO is a mobile app for real estate that real estate sales professionals use to market listings, collaborate and manage relationships with prospects, clients and partners, administer documents, research properties – and oh, did we mention… market to customers??

Your marketing is your bread and butter and we know it, which is why the developers continually add and develop new ViMO features.

Introducing the Market Intelligence Report!!

Using the Market Intelligence Report you can create customized reports about industry news and neighbourhood sales activities that you can market to:

  • Prospects – generate leads
  • Clients – nurture leads
  • Partners/Colleagues/Referral Sources – generate new relationships!

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Only GeoWarehouse customers can register for ViMO – Visit myvimo.ca to learn more about the Market Insights Report or about the full capabilities offered by the full ViMO mobile app for real estate.

 

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