Fewer young Canadians own homes but majority planning to buy within five years: poll
10/29/2024 | Posted in Real Estate Market by Jessi Sandhu
A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next ... More
Housing crisis will worsen without imminent action, says RBC
4/9/2024 | Posted in Real Estate Market by Jessi Sandhu
The housing affordability crisis in Canada is reaching alarming new heights, impacting middle-income families far beyond major cities, according to a new report from RBC.
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Bank of Canada says housing affordability is about boosting supply, not lowering interest rates
2/7/2024 | Posted in Real Estate Market by Jessi Sandhu
Monetary policy can’t do everything, central bank governor Tiff Macklem says
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Real estate report: Second highest home price increase ever recorded in a single month
8/18/2023 | Posted in Real Estate Market by Jessi Sandhu
Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite ... More
Millennials are ditching condos for detached homes
1/7/2020 | Posted in Real Estate Market by Jessi Sandhu
The dominance of the condo market in terms of price growth could soon end as millennials start to shift their preferences to established homes, according to a market survey ... More
First growth for construction sector in 8 months, best since 2013
4/1/2019 | Posted in Real Estate Market by Jessi Sandhu
The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate ... More
Toronto, Vancouver among biggest property bubbles in the world, UBS says
9/29/2018 | Posted in Real Estate Market by Jessi Sandhu
9 years salary to buy a house in Vancouver, more than 6 in Toronto.
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Is the Housing Market Turning a Corner?
8/14/2018 | Posted in Real Estate Market by Jessi Sandhu
Signs are appearing in the Greater Toronto Area that the worst of the housing correction is now over.
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Canada's new home prices stall for first time since 2015
2/8/2018 | Posted in Real Estate Market by Jessi Sandhu
New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules ... More
Canadian home sales edge up again in October
11/15/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels ... More
Index retreats by 1% in October
11/15/2017 | Posted in Real Estate Market by Jessi Sandhu
In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the ... More
Canadian housing market still highly vulnerable says CMHC
10/27/2017 | Posted in Real Estate Market by Jessi Sandhu
Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”.
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Canada's 10 priciest neighbourhoods
10/26/2017 | Posted in Real Estate Market by Jessi Sandhu
A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.
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Canada housing market rebound seen in mid-2018 as sales rise for second month in a row
10/14/2017 | Posted in Real Estate Market by Jessi Sandhu
The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market.
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Canadian home sales edge up again in September
10/13/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down ... More
Index retreats by 0.8% in September
10/12/2017 | Posted in Real Estate Market by Jessi Sandhu
In September the Teranet–National Bank National Composite House Price Index™ was down 0.8% from the previous month, the largest monthly decline since ... More
Among Canada's housing markets, Toronto remains the most 'puzzling'
10/10/2017 | Posted in Real Estate Market by Jessi Sandhu
Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More
Cost Of Owning A Home In Canada About To Jump, But Wages Won't: Scotiabank
10/8/2017 | Posted in Real Estate Market by Jessi Sandhu
Home affordability is bad in Canada. It's about to get worse. ... More
It turns out Canada's house prices aren't too bad
9/29/2017 | Posted in Real Estate Market by Jessi Sandhu
While plenty of homeowners, potential homeowners, and experts will disagree, Canada’s homes are not as expensive as we may think.
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Sales of $1 million-plus condos up 86 per cent in the GTA and 11 per cent in Vancouver
9/27/2017 | Posted in Real Estate Market by Jessi Sandhu
Demand for luxury properties is up in Victoria, Calgary, and Oakville, while the urban hubs of Vancouver and the GTA saw decreased demand for luxury ... More
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