11/16/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More

Real Estate & Mortgage News

  11/15/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More

Real Estate & Mortgage News

  10/20/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More

Real Estate & Mortgage News

  10/18/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021. ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More

Real Estate & Mortgage News

  10/11/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year. ... More

Real Estate & Mortgage News

  10/7/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according ... More

Real Estate & Mortgage News

  9/22/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

10 million households own their home, while 5 million rent. But the gap is narrowing. ... More

Real Estate & Mortgage News

  9/20/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More

Real Estate & Mortgage News

  9/19/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

"It's abundantly clear where the worst spots are," says BMO economist ... More

Real Estate & Mortgage News

  9/15/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More

Real Estate & Mortgage News

  8/25/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More

Real Estate & Mortgage News

  8/19/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More

Real Estate & Mortgage News

  8/16/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More

Real Estate & Mortgage News

  8/15/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More

Real Estate & Mortgage News

  7/18/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month ... More

Real Estate & Mortgage News

  7/15/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More

Real Estate & Mortgage News

  6/16/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

Real Estate & Mortgage News

  6/16/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

Real Estate & Mortgage News

  6/15/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Real Estate & Mortgage News

  6/13/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Central bank's outsized rate increases having a big impact, according to RBC. ... More

Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

Real Estate & Mortgage News

  5/19/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  5/16/2022 | Posted in Canadian Housing Market by Marti Philp
  SHARE

The annual pace of new home construction in April surpassed analysts' expectations ... More

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Marti Philp
  SHARE

The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Housing Market by Marti Philp
  SHARE

Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

Real Estate & Mortgage News
Ask Marti Philp

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.