6/3/2023 | Posted in Canadian Housing Market by Kelly Healy
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More

Real Estate & Mortgage News

  1/8/2020 | Posted in Mortgages and Real Estate by Kelly Healy
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

Real Estate & Mortgage News

  6/28/2019 | Posted in Canadian Housing Market by Kelly Healy
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Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgages and Real Estate by Kelly Healy
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

Real Estate & Mortgage News

  6/6/2019 | Posted in Toronto Real Estate by Kelly Healy
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Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods once ... More

Real Estate & Mortgage News

  6/4/2019 | Posted in Canadian Housing Market Predictions by Kelly Healy
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 What The Next 5 Years Will Look Like In 33 Canadian Cities ... More

Real Estate & Mortgage News

  5/17/2019 | Posted in Home Buyers by Kelly Healy
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Mortgages and Real Estate by Kelly Healy
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The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More

Real Estate & Mortgage News

  4/22/2019 | Posted in Toronto Real Estate by Kelly Healy
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Toronto’s construction industry may have just averted a calamity. ... More

Real Estate & Mortgage News

  3/22/2019 | Posted in Toronto Real Estate by Kelly Healy
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Toronto’s housing market has become a target for money laundering according to a new study. ... More

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  3/22/2019 | Posted in First Time Home Buyers by Kelly Healy
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The First-Time Home Buyer Incentive actually reduces affordability. ... More

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  3/3/2019 | Posted in Canadian Housing Market by Kelly Healy
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

Real Estate & Mortgage News

  10/5/2018 | Posted in Canadian Housing Market by Kelly Healy
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A rise in interest rates (and more to come) is putting the squeeze on housing affordability. ... More

Real Estate & Mortgage News

  10/2/2018 | Posted in GTA Real Estate by Kelly Healy
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Ryerson City Building Institute report finds that low-rises and townhouses could help tamper the GTHA’s affordability crisis, using Mississauga as a case study. ... More

Real Estate & Mortgage News

  9/29/2018 | Posted in Real Estate Market by Kelly Healy
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9 years salary to buy a house in Vancouver, more than 6 in Toronto. ... More

Real Estate & Mortgage News

  9/28/2018 | Posted in Canadian Housing Market by Kelly Healy
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A new RBC report says Canada's housing affordability has reached its worst level in 28 years and is bound to deteriorate even further. ... More

Real Estate & Mortgage News

  9/13/2018 | Posted in Home Buyers by Kelly Healy
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Rising rents is making homeownership the affordable alternative according to a new report. ... More

Real Estate & Mortgage News

  8/10/2018 | Posted in Ontario Real Estate by Kelly Healy
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More

Real Estate & Mortgage News

  7/30/2018 | Posted in Toronto Real Estate by Kelly Healy
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Haider-Moranis Bulletin: For Canadian homebuyers, the only numbers that matter are local. ... More

Real Estate & Mortgage News

  7/12/2018 | Posted in Canadian Economy and Housing Market by Kelly Healy
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With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike. ... More

Real Estate & Mortgage News

  7/12/2018 | Posted in Mortgages and Real Estate by Kelly Healy
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As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. ... More

Real Estate & Mortgage News

  7/9/2018 | Posted in Toronto Real Estate by Kelly Healy
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A new study found that per TREB numbers, 27 out of 33 markets in the GTA require a household income of at least $100,000 to afford the average home. ... More

Real Estate & Mortgage News

  7/5/2018 | Posted in Home Buyers by Kelly Healy
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Toronto real estate may not be what it was one year ago, but it’s still a battle for home buyers. ... More

Real Estate & Mortgage News

  7/4/2018 | Posted in Home Buyers by Kelly Healy
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There appears to be little relief in sight for Canadian homebuyers, especially first-time buyers, as affordability is likely to worsen. ... More

Real Estate & Mortgage News

  5/23/2018 | Posted in Home Buyers by Kelly Healy
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A study out of Ryerson University warns of a severe housing shortage in the near future. ... More

Real Estate & Mortgage News

  4/3/2018 | Posted in Home Buyers by Kelly Healy
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The still-rising prices of homes in many Canadian markets are making homeownership increasingly unaffordable and mortgages harder to secure. ... More

Real Estate & Mortgage News

  2/10/2018 | Posted in Rental Market by Kelly Healy
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A new city report released on Friday says purpose-built apartment rent increases in 2017 soared to a 15-year high while vacancy rates sank to their lowest level in 16 years, ... More

Real Estate & Mortgage News

  1/1/2018 | Posted in Canadian Housing Market by Kelly Healy
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The Canadian real estate market made headlines plenty of times in 2017 — but what does next year have in store? Will housing prices and affordability continue to dominate ... More

Real Estate & Mortgage News

  12/21/2017 | Posted in Foreign Buyers by Kelly Healy
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Foreign buyers make up a minuscule portion of the overall housing market in this country, new research shows, but what they own is more expensive and newer than the average ... More

Real Estate & Mortgage News

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