9/29/2023 | Posted in Canada Living by Stephanie Bereskin
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to RBC. ... More
9/15/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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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 August 2023. ... More
8/28/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst. ... More
8/28/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data. ... More
8/18/2023 | Posted in Real Estate Market by Stephanie Bereskin
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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 index. ... More
8/15/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were only slightly changed on a month-over-month basis in July 2023. ... More
7/21/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report. ... More
7/14/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023. ... More
7/14/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and average home prices via Multiple Listing Service® (MLS®) Systems of ... More
6/16/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More
6/15/2023 | Posted in Canadian Housing Market by Stephanie Bereskin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023. ... More
4/26/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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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. ... More
4/21/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More
4/21/2020 | Posted in Canadian Economy and Housing Market by Stephanie Bereskin
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More
4/16/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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The outlook on the Canadian housing market: RBC ... More
4/15/2020 | Posted in Canada Living by Stephanie Bereskin
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months. ... More
4/15/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ... More
4/14/2020 | Posted in Canadian Housing Market Predictions by Stephanie Bereskin
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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 ... More
4/8/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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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). ... More
4/2/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More
3/21/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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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 ... More
3/19/2020 | Posted in Canadian Economy and Housing Market by Stephanie Bereskin
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More
3/17/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More
3/16/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More
3/9/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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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). ... More
3/4/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Lower mortgage rates likely to offset any major drag from a global outbreak ... More
2/21/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain low ... More
2/19/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More
2/15/2020 | Posted in Canadian Housing Market by Stephanie Bereskin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020. ... More
2/13/2020 | Posted in Rental Market by Stephanie Bereskin
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More
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