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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Canada's housing market headed for soft landing by 2022: RBC
1/14/2021 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
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. ...
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2021 will remain a seller's market: experts
1/13/2021 | Posted in Canadian Housing Market by Jessi Sandhu
Plus, seven trends that could impact the real estate market ...
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1/11/2021 | Posted in Canadian Housing Market by Jessi Sandhu
Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area. ...
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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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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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RBC stands by its pessimistic home price predictions
12/10/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
The bank is expecting home prices to fall by 8% and remain muted until well into 2023. ...
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Downtown condos are "weak spot" in Canada's housing picture: RBC
11/24/2020 | Posted in Canadian Housing Market by Jessi Sandhu
But even with a bumpy road ahead, there are reasons to be optimistic. ...
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Home sales in Canada drop for the first time since April in sign of cooling
11/18/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent ...
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Canadian home sales remain historically strong in October
11/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
National home sales continued running at historically strong levels in October 2020 ...
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Housing market slowdown looming amid economic malaise
11/9/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Optimism towards the Canadian housing sector’s prospects has been mounting, but the market should not count out the impact of the lingering economic lethargy brought about ...
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How will the Liberals' new immigration targets affect real estate activity in Canada
11/9/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The ambitious targets are an attempt to compensate for 2020's abysmal immigration numbers ...
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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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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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Canada's housing market remains at moderate degree of vulnerability
9/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates in ...
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Major banks anticipating resumption of most mortgage payments
9/18/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu
A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end. ...
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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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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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Canadian housing starts increased in July
8/11/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 204,376 units in July 2020, up from 199,778 units in June 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is ...
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CMHC not the only group expecting a 'deferral cliff'
8/10/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu
While shrinking mortgage delinquencies during the first quarter have set the stage for even lower Q2 readings, analysts warned that a significant increase might take place after ...
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Teranet-National Bank data points to decline in home prices
7/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market has ...
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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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Major Canadian bank warns of historic price declines in Toronto and Vancouver
6/17/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
But those won't be the only major markets where prices will soften. ...
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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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Canada's housing starts continue to see regional impacts in May
6/8/2020 | Posted in New Developments by Jessi Sandhu
The trend in housing starts was 196,750 units in May 2020, down from 198,644 units in April 2020. ...
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