Admin GTA New-Home Sales Plummet 60% — Why This Market Shift Could Be Your Opportunity Only 510 new homes were sold in June—far below the 10-year average of 2,801 . Both condos and single-family homes saw steep drops: 🏢 Condo sales: Down 67% year-over-year, 89% below the decade average ... Aug 10, 2025
Admin Canada Lost 41,000 Jobs in July — What It Means for Homeowners and Borrowers Despite the drop, the unemployment rate held steady at 6.9% , as the number of job seekers remained largely unchanged. 🔍 Who Was Hit the Hardest? The losses were concentrated in full-time work and the... Aug 9, 2025
Admin Most Toronto Homes Are Now Selling Below Asking — Here’s What That Means for Buyers According to recent data, a growing number of homes across the GTA are now selling for less than their list price —a trend that’s opening new doors for smart buyers and strategic investors. 🔍 The Shif... Aug 8, 2025
Admin Why Private Mortgages Are the Secret Weapon for GTA Homeowners in 2025 In 2025, getting approved for a mortgage or refinance through a traditional bank feels harder than ever. Self-employed? Declined. Bruised credit? Denied. Need funding fast? Not a chance. But smart hom... Aug 7, 2025
Admin GTA Housing Market Sees Strongest July Sales Since 2021 – What It Means for Homebuyers 📈 Key Highlights: Sales: 6,100 (up 10.9% YoY) New Listings: 17,613 (up 5.7% YoY) Average Selling Price: $1,051,719 (down 5.5% YoY) MLS® Home Price Index: Down 5.4% YoY Market conditions tightened mode... Aug 6, 2025
Admin How Lendworth Protects Investor Capital: Our Proven Approach to Mortgage Risk Mitigation Our mission is simple: deliver strong, stable returns while protecting investor capital . Here’s how we do it. 📍 1. Prime Residential Locations You Can Drive By We believe in lending where value is ta... Aug 5, 2025
Admin Earn Passive Income with Lendworth Mortgage Investments 9%+ Annual Target Returns With targeted annual returns of 9%+ , Canadians are turning to Lendworth to make their money work harder—without the headaches of traditional real estate investing. Why Mortgage Investing with Lendwor... Aug 4, 2025
Admin Unlock Your Home’s Equity: Fast Private Mortgages for Life’s Big Expenses With Lendworth’s equity-based mortgages , you don’t have to wait or face endless bank approvals. We help homeowners in Toronto and the GTA access the value in their properties—quickly and easily—so th... Aug 3, 2025
Admin Toronto Waives Development Charges for Sixplexes: A Game-Changer for Investors and Builders Mayor Olivia Chow’s latest motion waives development charges (DCs) and parkland dedication fees for sixplex projects , making it cheaper and easier to build multi-unit homes . This expands on an earli... Aug 2, 2025
Admin How Much Income Do You Need to Buy a Home in Canada? A Fresh Look at Housing Affordability (And Why Lendworth Makes It Easier) The latest data from Ratehub.ca reveals that in June 2025, homebuyers needed to earn even more income compared to May to qualify for a mortgage in nearly every major Canadian city. The study tracks af... Aug 1, 2025
Admin Toronto’s Housing Market Faces Sharp Cooling in 2025 – What’s Behind the Decline? According to the Toronto Regional Real Estate Board (TRREB), the Greater Toronto Area’s benchmark home price dropped below $1 million in June (now ~$995,100), down about 5.5% year‑over‑year. The sales... Jul 31, 2025
Admin August 2025 Mortgage Rates – Lendworth MIC Residential Lending Update As of August 2025 , we’ve updated our Residential Rate Sheet , designed to meet diverse borrower needs while maintaining strong investor returns. 📌 August 2025 Residential Rate Highlights 1st Mortgage... Jul 30, 2025
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