4/15/2021 | 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 set another all-time record in March 2021 as increased supply became available. ... More

Real Estate & Mortgage News

  4/13/2021 | Posted in Canadian Housing Market Predictions by Marti Philp
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The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More

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  4/12/2021 | Posted in Canadian Economy and Housing Market by Marti Philp
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In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country. ... More

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  4/8/2021 | Posted in Home Buyers by Marti Philp
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One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

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  4/5/2021 | Posted in Canadian Housing Market by Marti Philp
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Feds face pressure over hot housing market ahead of 2021 budget ... More

Real Estate & Mortgage News

  3/31/2021 | Posted in Canadian Housing Market by Marti Philp
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The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More

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  3/30/2021 | Posted in Luxury Real Estate by Marti Philp
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Sales of homes valued at $4 million or more in the Greater Toronto Area saw a 157 per cent jump in activity. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Marti Philp
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BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Marti Philp
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Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory ... More

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  3/25/2021 | Posted in Canadian Housing Market by Marti Philp
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Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

Real Estate & Mortgage News

  3/23/2021 | Posted in Canadian Housing Market by Marti Philp
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The aggregate price of a house in Canada's recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace ... More

Real Estate & Mortgage News

  3/22/2021 | Posted in Real Estate Market by Marti Philp
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A record share of Canadians expect home prices will continue hitting new highs, an exuberance that adds to concern the housing market is entering a speculative bubble. ... More

Real Estate & Mortgage News

  3/18/2021 | Posted in Canadian Housing Market by Marti Philp
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While home prices continued to increase between November and January, their rate of growth was declining on a monthly basis. That changed in February as monthly home price ... More

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  3/16/2021 | Posted in Mortgages and Real Estate by Marti Philp
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If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action ... More

Real Estate & Mortgage News

  3/15/2021 | Posted in Canadian Housing Market Predictions by Marti Philp
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The national average home price is forecast to rise by 16.5 per cent to just over $665,000 in 2021. The Canadian Real Estate Association said its outlook suggests home sales will ... More

Real Estate & Mortgage News

  3/15/2021 | 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 set another all-time record in February 2021. ... More

Real Estate & Mortgage News

  3/11/2021 | Posted in Canadian Housing Market by Marti Philp
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Canada’s housing market is in a “huge bubble” after months of runaway price gains, according to economist David Rosenberg, who was bearish on US real estate ... More

Real Estate & Mortgage News

  2/16/2021 | 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 set another all-time record in January 2021. ... More

Real Estate & Mortgage News

  2/15/2021 | Posted in Canadian Housing Market by Marti Philp
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The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and ... More

Real Estate & Mortgage News

  2/14/2021 | Posted in Home Buyers by Marti Philp
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The share of renters who are planning to buy has quadrupled, and what they want to buy is changing. ... More

Real Estate & Mortgage News

  2/2/2021 | Posted in Canadian Housing Market by Marti Philp
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Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment. ... More

Real Estate & Mortgage News

  1/15/2021 | 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 set another all-time record in December 2020. ... More

Real Estate & Mortgage News

  1/5/2021 | Posted in Canadian Housing Market by Marti Philp
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Canadians are feeling more confident about the continued rise in home prices now than at any point in the previous three years, a trend Bloomberg and Nanos Research called a ... More

Real Estate & Mortgage News

  1/2/2021 | Posted in Canadian Economy and Housing Market by Marti Philp
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Amid an unpredictable pandemic, forecasts for the housing market are pretty much all over the map. ... More

Real Estate & Mortgage News

  12/21/2020 | Posted in Canadian Housing Market by Marti Philp
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The upward trend in Canadian housing starts continued in November, according to the Canada Mortgage and Housing Corporation. ... More

Real Estate & Mortgage News

  12/16/2020 | 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 continued running at historically strong levels in November 2020. ... More

Real Estate & Mortgage News

  11/1/2020 | Posted in Canadian Housing Market by Marti Philp
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Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst economic ... More

Real Estate & Mortgage News

  10/29/2020 | Posted in Canadian Housing Market by Marti Philp
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After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ... More

Real Estate & Mortgage News

  10/27/2020 | Posted in Real Estate News by Marti Philp
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Altus Group says the commercial-to-residential tax ratio threatens businesses in several markets ... More

Real Estate & Mortgage News

  10/23/2020 | Posted in Canadian Housing Market by Marti Philp
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Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible ... More

Real Estate & Mortgage News