2/11/2019 | Posted in Commercial Real Estate by Marti Philp
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The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking ... More
2/7/2019 | Posted in Mortgages and Real Estate by Marti Philp
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The federal government appears to be considering a budget announcement that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the 25-year limit now, ... More
2/5/2019 | Posted in Mortgages and Real Estate by Marti Philp
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Residential mortgage growth rose 3.1 per cent to $1.55 trillion in December from a year earlier, the slowest pace since May 2001, and half the growth rate from two years ago, ... More
2/1/2019 | Posted in Canadian Housing Market by Marti Philp
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious than ... More
1/17/2019 | Posted in Canadian Housing Market by Marti Philp
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In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments. ... More
1/15/2019 | 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 posted a fourth-straight monthly decline in December 2018. ... More
1/15/2019 | Posted in Canadian Housing Market by Marti Philp
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Teranet-National Bank index down 0.3% in December. ... More
1/14/2019 | Posted in Canadian Housing Market by Marti Philp
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Canada’s home prices increased 4% year-over-year in the fourth quarter of 2018, a sign of the market recovering from “the most significant housing correction” ... More
1/9/2019 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 206,981 units inDecember 2018, compared to 212,338 units in November 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More
1/4/2019 | Posted in Commercial Real Estate by Marti Philp
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The appetite for Canadian commercial real estate assets steadily increased in 2018 and it appears that mentality is not going to change much in 2019, according to a report ... More
1/2/2019 | Posted in Canadian Economy and Housing Market by Marti Philp
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go down. ... More
12/28/2018 | Posted in Canadian Housing Market Predictions by Marti Philp
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If you’re looking to rent in Toronto, 2019 is poised to be a challenging year. ... More
12/18/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics. ... More
12/17/2018 | 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 posted another monthly decline in November 2018. ... More
12/13/2018 | Posted in Canadian Housing Market by Marti Philp
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The Teranet-National Bank Composite National House Price Index fell 0.3 percent last month, following a 0.4 percent drop in October. ... More
12/12/2018 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More
12/7/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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Rising interest rates and new mortgage rules have finally forced an end to years of rapid lending, according to the latest data from Bank of Canada. ... More
12/7/2018 | Posted in Ontario Real Estate by Marti Philp
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Stricter mortgage qualification rules pushed buyers to the sidelines, as year-over-year double-digit sales decreases became the norm. ... More
12/2/2018 | Posted in Canadian Housing Market by Marti Philp
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CPA report says this is not a 2008 reboot. ... More
11/28/2018 | Posted in Rental Market by Marti Philp
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Canada added 37,000 apartments this year, but demand rose by even more to 50,000 units. ... More
11/26/2018 | Posted in Real Estate Investments by Marti Philp
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Investment in Canada’s building construction edged 0.3% higher in September compared to the previous month. ... More
11/25/2018 | Posted in Mortgages and Real Estate by Marti Philp
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The main reason that 15% of Canadian homeowners refinanced their homes was to consolidate debt. ... More
11/15/2018 | 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 declined by 1.6% between September and October 2018. ... More
11/13/2018 | Posted in New Developments by Marti Philp
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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units. ... More
11/7/2018 | Posted in Canadian Housing Market Predictions by Marti Philp
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the resale ... More
11/6/2018 | Posted in Mortgages and Real Estate by Marti Philp
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As Canadian mortgages come up for renewal, many households are starting to experience what TD Economics has dubbed a “completely new phenomenon” – higher ... More
10/31/2018 | Posted in Rental Market by Marti Philp
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In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster. ... More
10/22/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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By 2023, the number of millionaires in Canada is expected to rise 54% to nearly 2 million people ... More
10/15/2018 | Posted in Canadian Housing Market by Marti Philp
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Canadian home sales weakened by 0.4% in September compared to the previous month. ... More
9/28/2018 | Posted in Canadian Housing Market by Marti Philp
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A new RBC report says Canada's housing affordability has reached its worst level in 28 years and is bound to deteriorate even further. ... More
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