5/19/2022 | Posted in Canadian Housing Market by Marti Philp
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Marti Philp
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Marti Philp
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  4/26/2022 | Posted in Real Estate News by Marti Philp
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list ... More

Real Estate & Mortgage News

  4/25/2022 | Posted in Interest Rates by Marti Philp
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%. ... More

Real Estate & Mortgage News

  5/2/2020 | Posted in Canadian Economy and Housing Market by Marti Philp
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  4/16/2020 | Posted in Canadian Housing Market by Marti Philp
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The outlook on the Canadian housing market: RBC ... More

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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

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