Record December caps record year for Canadian home sales
1/15/2021 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in December 2020. ...
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Bloomberg-Nanos: Canadians' optimism about home prices strongest in three years
1/5/2021 | Posted in Canadian Housing Market by Jessi Sandhu
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 ...
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Canada 2021 Housing Forecasts Call For A Boom ... Or The Worst Crash in 40 Years
1/2/2021 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Amid an unpredictable pandemic, forecasts for the housing market are pretty much all over the map. ...
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National housing starts rise, but what's fueling them?
12/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The upward trend in Canadian housing starts continued in November, according to the Canada Mortgage and Housing Corporation. ...
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Canadian home sales remain historically strong in November
12/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued running at historically strong levels in November 2020. ...
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Canada's House Prices Are Soaring Because Reality Doesn't Matter Anymore To Things Like That
11/1/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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 ...
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Canada's housing market has fully recovered from pandemic shock: RBC
10/29/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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 ...
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Moody's: Home prices to drop by as much as 7% early next year
10/15/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Canadian home prices will fall by 7% in early 2021 before steadily recovering through the rest of the year, according to a new forecast by Moody’s Analytics. ...
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Where are Canada's most taxed residential and commercial properties?
10/27/2020 | Posted in Real Estate News by Jessi Sandhu
Altus Group says the commercial-to-residential tax ratio threatens businesses in several markets ...
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What could a lack of elderly downsizers mean for Canada's housing market?
10/23/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible ...
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Is the CMHC's forecast of a major price drop this year still relevant?
10/22/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Some economists polled by Finder expressed scepticism towards the Crown corporation's market outlook ...
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Emerging trends for Canadian real estate in 2021
10/15/2020 | Posted in Real Estate Market by Jessi Sandhu
PwC's annual report dropped on October 15 ...
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Canadian home sales and prices set records again in September
10/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another record in September 2020. ...
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Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%
10/14/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019 ...
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Prices of new homes in Canada jump the most in three years as lumber costs rise
9/22/2020 | Posted in New Developments by Jessi Sandhu
Shortages for lumber and other building materials are driving up construction costs this year. ...
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Tal forecasts stable housing sector, slower rental market
9/16/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery. ...
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August 2020 another record-setting month for many Canadian housing markets
9/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to climb in August 2020. ...
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Bank regulator changes rules for mortgage deferrals starting now
8/31/2020 | Posted in Canada Living by Jessi Sandhu
Canada's federal banking regulator is phasing out requirements around mortgage deferrals for homeowners hard-hit financially by the COVID-19 pandemic. As of July 30, there ...
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Immigration to Canada Drops 64%, Threatening Economic Growth
8/18/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Canadian immigration plummeted by almost two thirds in the second quarter as border restrictions remained in effect. ...
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Canada cannot tax its way to housing affordability
8/18/2020 | Posted in Canada Living by Jessi Sandhu
"A home equity tax would be unfair and hurtful to Canadians during the best of times, but at this very moment – during a global pandemic – it is reckless", ...
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Property prices in Canada outstripped rest of G7 over the last 15 years - analysis
8/18/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
The rate of residential investment to Canadian GDP has also swelled dramatically ...
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Study estimates over 2 million Canadians have moved home because of COVID-19
8/16/2020 | Posted in Canada Living by Jessi Sandhu
New data from Finder says 1 in 10 Canadians have had their living situations upended by the pandemic ...
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Canadian housing markets set multiple records in July 2020
8/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to rebound in July 2020, with new listings hitting ...
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Renovation Nation: Canadians spent $80 billion on their homes in 2019
8/11/2020 | Posted in Canada Living by Jessi Sandhu
Canadians spent an estimated $80 billion on renovations in 2019, and plan to take a bit of breather this year because of COVID-19. ...
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Canadian home sales and new listings up again in June
7/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020. ...
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Canadian home sales and new listings on the rise in May
6/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were up noticeably in May 2020 compared to April, though still ...
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Disruption To Canada's Immigration In Pandemic Will 'Reverberate' Through Economy: RBC
6/1/2020 | Posted in Canada Living by Jessi Sandhu
COVID-19 has "for all intents and purposes shut down immigration." ...
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Canadian home sales and listings post record declines in April 2020
5/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings fell by more than half in April 2020 compared to March. ...
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Defying COVID-19 pressures, average prices might climb
5/8/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
The housing market can expect some recovery towards the end of the year according to Altus Group. ...
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Forced selling may be headed for Canada's housing market
5/2/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
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. ...
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