1/16/2023 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022. ... More
12/20/2022 | Posted in Home Buyers by Kelly Healy
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High home prices and rising interest rates over the course of 2022 have made it significantly harder for buyers to qualify for the average mortgage. ... More
12/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022. ... More
12/13/2022 | Posted in Canadian Housing Market by Kelly Healy
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The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s. ... More
12/7/2022 | Posted in Rental Market by Kelly Healy
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Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the ... More
11/22/2022 | Posted in Rental Market by Kelly Healy
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Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October. ... More
11/16/2022 | Posted in Canadian Housing Market by Kelly Healy
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More
11/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More
10/20/2022 | Posted in Canadian Housing Market by Kelly Healy
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In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More
10/14/2022 | Posted in Canada Living by Kelly Healy
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Many economists say a mild recession is on the cards as they look ahead to 2023. ... More
10/14/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More
10/14/2022 | Posted in Canadian Housing Market Predictions by Kelly Healy
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Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability. ... More
10/11/2022 | Posted in Canadian Housing Market by Kelly Healy
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TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year. ... More
10/7/2022 | Posted in Canadian Housing Market by Kelly Healy
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While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according ... More
10/3/2022 | Posted in Interest Rates by Kelly Healy
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While many economists have predicted the Bank of Canada’s interest rate will peak at 4%, the Organisation for Economic Co-operation and Development (OECD) has gone five ... More
9/30/2022 | Posted in Canadian Housing Market Predictions by Kelly Healy
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Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More
9/29/2022 | Posted in Foreign Buyers by Kelly Healy
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Proposals by the federal government to restrict foreign access to the Canadian housing market run the risk of complicating mortgage financing while not adequately addressing the ... More
9/20/2022 | Posted in Canadian Housing Market by Kelly Healy
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More
9/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More
8/25/2022 | Posted in Canadian Housing Market by Kelly Healy
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More
8/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More
8/12/2022 | Posted in First Time Home Buyers by Kelly Healy
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Details of a new account to help Canadians save to buy their first home have been revealed this week. ... More
7/18/2022 | Posted in Mortgages and Real Estate by Kelly Healy
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More
7/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More
7/12/2022 | Posted in Canadian Housing Market Predictions by Kelly Healy
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CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More
6/30/2022 | Posted in Canada Living by Kelly Healy
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This trend could spur further growth in the Canadian housing market ... More
6/28/2022 | Posted in Interest Rates by Kelly Healy
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s ... More
6/24/2022 | Posted in Canada Living by Kelly Healy
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Majority of supply gap found in Ontario and British Columbia, agency says ... More
6/22/2022 | Posted in Rental Market by Kelly Healy
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The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday. ... More
6/16/2022 | Posted in Canadian Housing Market by Kelly Healy
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More
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