4/19/2021 | Posted in Canadian Housing Market by Micheal Turk
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The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More

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  4/16/2021 | Posted in Canadian Housing Market by Micheal Turk
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In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... More

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  4/16/2021 | Posted in Canadian Housing Market by Micheal Turk
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The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash in. ... More

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  4/15/2021 | Posted in Canadian Housing Market by Micheal Turk
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in March 2021 as increased supply became available. ... More

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  4/5/2021 | Posted in Canadian Housing Market by Micheal Turk
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Feds face pressure over hot housing market ahead of 2021 budget ... More

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  4/2/2021 | Posted in Canadian Housing Market by Micheal Turk
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Lumber supply is low, but demand keeps rising as homeowners nest during the pandemic ... More

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  4/1/2021 | Posted in Canadian Housing Market by Micheal Turk
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There are calls on policy-makers to take action to prevent a potential housing bubble due to prices going 'parabolic'. ... More

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  3/31/2021 | Posted in Canadian Housing Market by Micheal Turk
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The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Micheal Turk
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BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Micheal Turk
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Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory ... More

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  3/25/2021 | Posted in Canadian Housing Market by Micheal Turk
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Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

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  3/25/2021 | Posted in Canadian Housing Market by Micheal Turk
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The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More

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  3/23/2021 | Posted in Canadian Housing Market by Micheal Turk
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The aggregate price of a house in Canada's recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace ... More

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  3/19/2021 | Posted in Canadian Housing Market by Micheal Turk
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Newly built Canadian homes are rising faster in price than at any time in more than three decades. ... More

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  3/18/2021 | Posted in Canadian Housing Market by Micheal Turk
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Our national real estate market is now in full-on boiling mode, according to a major Canadian bank. ... More

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  3/18/2021 | Posted in Canadian Housing Market by Micheal Turk
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While home prices continued to increase between November and January, their rate of growth was declining on a monthly basis. That changed in February as monthly home price ... More

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  3/15/2021 | Posted in Canadian Housing Market by Micheal Turk
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in February 2021. ... More

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  3/11/2021 | Posted in Canadian Housing Market by Micheal Turk
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Canada’s housing market is in a “huge bubble” after months of runaway price gains, according to economist David Rosenberg, who was bearish on US real estate ... More

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  2/24/2021 | Posted in Canadian Housing Market by Micheal Turk
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Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More

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  2/16/2021 | Posted in Canadian Housing Market by Micheal Turk
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in January 2021. ... More

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  2/15/2021 | Posted in Canadian Housing Market by Micheal Turk
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The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and ... More

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  2/15/2021 | Posted in Canadian Housing Market by Micheal Turk
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Starts rebounded strongly from declines in December, says CMHC's chief economist. The trend in housing starts was 244,963 units in January 2021, up from 238,747 units in ... More

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  2/4/2021 | Posted in Canadian Housing Market by Micheal Turk
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Big cities in Canada will come back to life once the pandemic is over and so will demand for homes in them, according to a new paper by economists at Canadian Imperial Bank of ... More

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  2/2/2021 | Posted in Canadian Housing Market by Micheal Turk
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Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment. ... More

Real Estate & Mortgage News

  1/20/2021 | Posted in Canadian Housing Market by Micheal Turk
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e annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp. (CMHC). ... More

Real Estate & Mortgage News

  1/15/2021 | Posted in Canadian Housing Market by Micheal Turk
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in December 2020. ... More

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  1/13/2021 | Posted in Canadian Housing Market by Micheal Turk
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Plus, seven trends that could impact the real estate market ... More

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  1/11/2021 | Posted in Canadian Housing Market by Micheal Turk
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Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area. ... More

Real Estate & Mortgage News

  1/5/2021 | Posted in Canadian Housing Market by Micheal Turk
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Canadians are feeling more confident about the continued rise in home prices now than at any point in the previous three years, a trend Bloomberg and Nanos Research called a ... More

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  12/21/2020 | Posted in Canadian Housing Market by Micheal Turk
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When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say ... More

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