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

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  4/15/2021 | Posted in Rental Market by Marti Philp
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Canadian policy makers need to take steps to increase housing supply, particularly rental stock, according to the chief executive officer of Canadian Imperial Bank of Commerce. ... More

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  4/13/2021 | Posted in First Time Home Buyers by Marti Philp
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Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... More

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  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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  4/8/2021 | 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

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  4/1/2021 | Posted in Canadian Housing Market by Marti Philp
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There are calls on policy-makers to take action to prevent a potential housing bubble due to prices going 'parabolic'. ... More

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  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

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  3/25/2021 | Posted in Canadian Housing Market by Marti Philp
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The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More

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  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

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  3/18/2021 | Posted in Canadian Housing Market by Marti Philp
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Our national real estate market is now in full-on boiling mode, according to a major Canadian bank. ... 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

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  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

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  3/11/2021 | Posted in Canadian Economy and Interest Rates by Marti Philp
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The Bank of Canada delivered welcome news for variable-rate mortgage holders today when it stood by its expectation of no rate hikes until early 2023. ... 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

  2/24/2021 | Posted in Canadian Housing Market by Marti Philp
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Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More

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  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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Starts rebounded strongly from declines in December, says CMHC's chief economist. The trend in housing starts was 244,963 units in January 2021, up from 238,747 units in ... 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

  1/27/2021 | Posted in Canada Living by Marti Philp
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There are also 10 cities that have been deemed the most affordable. ... 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

  1/14/2021 | Posted in Canadian Housing Market Predictions by Marti Philp
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Canada’s housing market may be heading for a soft landing at the end of the year after what could be a record-breaking 2021, a new report by RBC Economics said. ... More

Real Estate & Mortgage News

  1/13/2021 | Posted in Canadian Housing Market by Marti Philp
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Plus, seven trends that could impact the real estate market ... More

Real Estate & Mortgage News