11/16/2022 | Posted in Canadian Housing Market by Marti Philp
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More
11/15/2022 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More
11/1/2022 | Posted in Canada Living by Marti Philp
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The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market. ... More
10/20/2022 | Posted in Canadian Housing Market by Marti Philp
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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
10/18/2022 | Posted in Canadian Housing Market by Marti Philp
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021. ... More
10/14/2022 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More
10/14/2022 | Posted in Canadian Housing Market Predictions by Marti Philp
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Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability. ... More
10/11/2022 | Posted in Canadian Housing Market by Marti Philp
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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
10/7/2022 | Posted in Canadian Housing Market by Marti Philp
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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
10/4/2022 | Posted in Home Buyers by Marti Philp
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With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home. ... More
9/30/2022 | Posted in Canadian Housing Market Predictions by Marti Philp
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Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More
9/29/2022 | Posted in Foreign Buyers by Marti Philp
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Proposals by the federal government to restrict foreign access to the Canadian housing market run the risk of complicating mortgage financing while not adequately addressing the ... More
9/20/2022 | Posted in Canadian Housing Market by Marti Philp
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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
9/15/2022 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More
9/5/2022 | Posted in Interest Rates by Marti Philp
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Toronto home sales bounced 11% in August from the previous month. ... More
8/25/2022 | Posted in Canadian Housing Market by Marti Philp
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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
8/19/2022 | Posted in Canadian Housing Market by Marti Philp
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More
8/16/2022 | Posted in Canadian Housing Market by Marti Philp
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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
8/15/2022 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More
8/12/2022 | Posted in First Time Home Buyers by Marti Philp
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Details of a new account to help Canadians save to buy their first home have been revealed this week. ... More
7/18/2022 | Posted in Mortgages and Real Estate by Marti Philp
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More
7/18/2022 | Posted in Interest Rates by Marti Philp
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The Bank of Canada's intention to "frontload" its path to higher rates means its policy rate could peak as early as September, according to a prominent CIBC ... More
7/15/2022 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More
6/24/2022 | Posted in Canada Living by Marti Philp
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Majority of supply gap found in Ontario and British Columbia, agency says ... More
6/16/2022 | Posted in Canadian Housing Market by Marti Philp
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More
6/16/2022 | Posted in Canadian Housing Market by Marti Philp
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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
6/15/2022 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More
6/14/2022 | Posted in Canadian Economy and Interest Rates by Marti Philp
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The likely deceleration of the housing market would be a welcome effect, Macklem says ... More
6/8/2022 | Posted in Canadian Housing Market by Marti Philp
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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
5/30/2022 | Posted in Mortgage Interest Rates by Marti Philp
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Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that ... More
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