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

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  10/2/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More

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  10/1/2018 | Posted in Mortgages and Real Estate by Marti Philp
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The Conservative Party of Canada plans to make the mortgage stress test a hot button issue in time for next year’s election, but explaining such a convoluted issue to ... More

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  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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  9/17/2018 | Posted in Canadian Housing Market by Marti Philp
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Statistics released today by The Canadian Real Estate Association (CREA) show a small increase in national home sales between July and August 2018. ... More

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  9/13/2018 | Posted in Home Buyers by Marti Philp
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Rising rents is making homeownership the affordable alternative according to a new report. ... More

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  9/6/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely to ... More

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  8/15/2018 | 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 were up from June to July 2018. ... More

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  8/15/2018 | Posted in Mortgages and Real Estate by Marti Philp
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There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC. ... More

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  8/13/2018 | Posted in Canadian Housing Market by Marti Philp
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Canada is experiencing an acceleration in population growth, and that's boosting the housing market, according to a new study from Bank of Montreal. ... More

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  7/20/2018 | Posted in Home Buyers by Marti Philp
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch. ... More

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  7/16/2018 | 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 were up from May to June 2018. ... More

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  7/12/2018 | Posted in Mortgages and Real Estate by Marti Philp
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As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. ... More

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  7/10/2018 | Posted in Canadian Housing Market by Marti Philp
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Canadian housing starts surged in June to one of the highest levels over the past decade, driven by new condominium developments in Toronto that reached a 30-year high for the ... More

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  7/8/2018 | Posted in Canadian Housing Market by Marti Philp
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Home Buyers in the priciest markets - Toronto and Vancouver - also face the highest land transfer tax rates. ... More

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  6/27/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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Analysts are optimistic that the Canadian economy will bounce back soon, bringing with it increased consumer spending. ... More

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  6/20/2018 | Posted in Canadian Housing Market by Marti Philp
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In its report on national home sales numbers as of May, CREA pointed at a 1.6% month-over-month increase in Toronto residential transactions – a development that analysts ... More

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  6/20/2018 | Posted in Canadian Housing Market by Marti Philp
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The acute volatility of the Canadian housing market may be nearing the end according to TD Economics. ... More

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  6/18/2018 | Posted in Canadian Housing Market by Marti Philp
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The new Canadian national existing home sales data published by CREA last week could have been worse according to TB Economics. ... More

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  6/15/2018 | Posted in Canadian Housing Market by Marti Philp
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National home sales via Canadian MLS® Systems remained little changed from April to May 2018, marking the lowest level for national sales activity in more than five ... More

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  6/7/2018 | Posted in Canadian Economy and Housing Market by Marti Philp
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Canada's financial system is resilient, according to the Bank of Canada, but high household debt and imbalances in the housing market remain the biggest vulnerabilities. ... More

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  5/17/2018 | Posted in Rental Market by Marti Philp
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The cost of renting an apartment is climbing rapidly in many of Canada's largest cities, led by Toronto and nearby places, new data shows. ... More

Real Estate & Mortgage News

  5/16/2018 | Posted in Home Buyers by Marti Philp
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First-time home buyers already struggling with more stringent mortgage rules have been dealt another blow by an increase this week in the Bank of Canada’s five-year mortgage ... More

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  5/16/2018 | Posted in Canadian Housing Market by Marti Philp
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The decline in national home sales reported Tuesday by CREA is “disappointing” says TD Economics. ... More

Real Estate & Mortgage News

  5/15/2018 | 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 fell from March to April 2018. ... More

Real Estate & Mortgage News

  5/14/2018 | Posted in Luxury Real Estate by Marti Philp
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Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ... More

Real Estate & Mortgage News

  5/14/2018 | Posted in Canadian Housing Market by Marti Philp
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After a flat March, the Teranet–National Bank National Composite House Price Index ™  rose 0.2% in April. In the 20-year history of the index, it was the ... More

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  5/9/2018 | Posted in Canadian Housing Market by Marti Philp
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Almost six in 10 Canadian millennials are already homeowners, with more of this age group planning to buy a home in the next two years, according to a Genworth Canada survey ... More

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  5/8/2018 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 225,696 units in April 2018, compared to 226,942 units in March 2018, according to Canada Mortgage and Housing Corporation (CMHC). This trend ... More

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  4/30/2018 | Posted in First Time Home Buyers by Marti Philp
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The home-purchasing power of ‘peak millennials’ aged 25-31 has diminished by around $40,103 (16.5%) since the introduction of the OSFI stress test at the start of ... More

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