Desjardins predicts housing downturn would address 'unhealthy' market
6/16/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ...
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Canadian home sales slow again in May
6/15/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ...
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A Canada housing crash? Don't count on it, says RBC economist
5/25/2022 | Posted in Canadian Housing Market by Jessi Sandhu
"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ...
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Residential Market - Lingering heat in the housing market
5/19/2022 | Posted in Canadian Housing Market by Jessi Sandhu
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. ...
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Home prices fall for the second straight month to an average of $746,146
5/17/2022 | Posted in Canadian Housing Market by Jessi Sandhu
The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ...
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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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Home prices have some support despite sales slowdown
4/26/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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. ...
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Pandemic Throws Housing Market off Course
4/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The outlook on the Canadian housing market: RBC ...
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Canadian home sales and listings down in March
4/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ...
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National Home Prices to Show Remarkable Resilience in 2020
4/14/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
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 ...
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Canadian housing starts declined in March
4/8/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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). ...
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Canadian Home Sales Brace for 30% Drop on Virus
4/2/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ...
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Canada set for muted spring home-selling season as coronavirus saps sentiment
3/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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 ...
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Is coronavirus about to prompt a house price crash?
3/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu
RBC senior economist Robert Hogue gives his latest housing market assessment ...
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Canadian home sales up in February
3/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ...
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Canadian housing starts declined in February
3/9/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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). ...
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What the Bank of Canada rate cut means for mortgages
3/5/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu
Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ...
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Coronavirus-driven rate cut could add kerosene to Canada's housing market
3/4/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Lower mortgage rates likely to offset any major drag from a global outbreak ...
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Immigration continues to supercharge the engines of Canadian housing
2/19/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ...
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Canadian home sales down in January
2/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020. ...
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Canadian home prices accelerated in 2019 says Statistics Canada
1/30/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Quarterly price trend report shows most major markets posted gains. ...
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Canadian home sales inch lower in December
1/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. ...
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Canadian housing starts trended lower in December
1/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu
There was a decline in the 6-month moving trend in Canadian housing starts in December. ...
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CEO of Canada's biggest bank calls for caution as Ottawa considers adjusting mortgage stress test
1/8/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu
Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ...
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Expect a seller's market this year
1/7/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
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. ...
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Canadian mortgage performance to remain stable in 2020
12/18/2019 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ...
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Canadian home sales edge higher in November
12/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. ...
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Owning a home is a pipedream for many Canadian millennials
12/13/2019 | Posted in Home Buyers by Jessi Sandhu
Millions of Canadian millennials feel they may never be able to follow previous generations into homeownership according to a new survey. ...
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Canadian housing starts were flat in November says CMHC
12/10/2019 | Posted in New Developments by Jessi Sandhu
There were some slight increases but the 6-month trend was essentially unchanged ...
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Townhouses lead growth in rents
12/1/2019 | Posted in Rental Market by Jessi Sandhu
The annual increase in Canadian rents was not consistent across property types. ...
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