4/26/2020 | Posted in Canadian Housing Market by Marti Philp
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More
4/21/2020 | Posted in Canadian Housing Market by Marti Philp
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Marti Philp
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More
4/16/2020 | Posted in Canadian Housing Market by Marti Philp
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The outlook on the Canadian housing market: RBC ... More
4/15/2020 | Posted in Canada Living by Marti Philp
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months. ... More
4/15/2020 | 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 and listings were down sharply between February and March 2020. ... More
4/14/2020 | Posted in Canadian Housing Market Predictions by Marti Philp
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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More
4/8/2020 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
4/2/2020 | Posted in Canadian Housing Market by Marti Philp
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More
3/21/2020 | Posted in Canadian Housing Market by Marti Philp
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
3/19/2020 | Posted in Canadian Economy and Housing Market by Marti Philp
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More
3/17/2020 | Posted in Canadian Housing Market by Marti Philp
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More
3/16/2020 | 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 were up between January and February 2020. ... More
3/9/2020 | Posted in Canadian Housing Market by Marti Philp
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
3/4/2020 | Posted in Canadian Housing Market by Marti Philp
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Lower mortgage rates likely to offset any major drag from a global outbreak ... More
2/21/2020 | Posted in Canadian Housing Market by Marti Philp
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain low ... More
2/19/2020 | Posted in Canadian Housing Market by Marti Philp
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More
2/15/2020 | 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 declined between December 2019 and January 2020. ... More
2/13/2020 | Posted in Rental Market by Marti Philp
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More
2/5/2020 | Posted in Canadian Housing Market by Marti Philp
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More
1/15/2020 | 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 eased between November and December 2019. ... More
1/10/2020 | Posted in Canadian Housing Market by Marti Philp
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There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More
1/8/2020 | Posted in Mortgages and Real Estate by Marti Philp
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More
1/7/2020 | Posted in Canadian Housing Market Predictions by Marti Philp
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The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say. ... More
12/18/2019 | Posted in Canadian Economy and Interest Rates by Marti Philp
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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More
12/16/2019 | 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 continued to edge higher in November 2019. ... More
12/10/2019 | Posted in New Developments by Marti Philp
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There were some slight increases but the 6-month trend was essentially unchanged ... More
12/1/2019 | Posted in Rental Market by Marti Philp
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The annual increase in Canadian rents was not consistent across property types. ... More
11/22/2019 | Posted in Canadian Housing Market by Marti Philp
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Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More
11/21/2019 | Posted in Canadian Housing Market Predictions by Marti Philp
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As the end of 2019 approaches, RBC Economics says the year will go down as “the turning point for Canada’s housing market.” ... More
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