3/15/2019 | 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 dropped sharply from January to February 2019. ... More

Real Estate & Mortgage News

  3/14/2019 | Posted in Canadian Housing Market by Micheal Turk
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Canadian home values fell last year for the first time in three decades amid falling prices in some of the country’s priciest markets, even as debt burdens increased. ... More

Real Estate & Mortgage News

  3/13/2019 | Posted in Canadian Housing Market by Micheal Turk
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Canadian home prices fell in February for the fifth straight month as most major markets weakened, data showed on Wednesday. ... More

Real Estate & Mortgage News

  3/12/2019 | Posted in Canadian Housing Market by Micheal Turk
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate. ... More

Real Estate & Mortgage News

  3/10/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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Residential investment is falling, and that's a clear sign of hard times in Canada's economy, the Bank of Montreal says. ... More

Real Estate & Mortgage News

  3/6/2019 | Posted in Canadian Housing Market by Micheal Turk
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Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC). ... More

Real Estate & Mortgage News

  2/28/2019 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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Capital Economics predicts that The Bank of Canada will cut its key lending rate in December as a weakening housing market and oil sector headwinds drag GDP growth back below ... More

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  2/27/2019 | Posted in Canadian Housing Market by Micheal Turk
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Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that. ... More

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  2/26/2019 | Posted in Canadian Housing Market Predictions by Micheal Turk
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What the coming months hold for buyers, sellers, homeowners and investors. ... More

Real Estate & Mortgage News

  2/26/2019 | Posted in Mortgages and Real Estate by Micheal Turk
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Ten per cent of Canadians no longer qualify for a mortgage with banks. ... More

Real Estate & Mortgage News

  2/23/2019 | Posted in Canadian Housing Market by Micheal Turk
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Canada's once-roaring housing market has been tamed, according to the latest Reuters poll of analysts who predict house prices will rise nationally and in key urban hot spots, ... More

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  2/22/2019 | Posted in Ontario Real Estate by Micheal Turk
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Ontario was the epicentre of Canadian home price growth in the past 5 years, according to a new analysis. ... More

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  2/22/2019 | Posted in Interest Rates by Micheal Turk
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Stephen Poloz says the upward path for interest rates is 'uncertain'. ... More

Real Estate & Mortgage News

  2/15/2019 | 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 in January 2019 were up from the previous month but remained below levels ... More

Real Estate & Mortgage News

  2/14/2019 | Posted in Canadian Housing Market by Micheal Turk
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Canadian home prices fall for fourth month led by weakness in B.C., Alberta. The Teranet–National Bank National Composite House Price Index was down 0.1 per cent from ... More

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  2/11/2019 | Posted in Commercial Real Estate by Micheal Turk
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The total value of building permits issued by Canadian municipalities was up 6% (month-over-month) in December to $8.8 billion, with multifamily and commercial intentions taking ... More

Real Estate & Mortgage News

  2/8/2019 | Posted in Canadian Housing Market by Micheal Turk
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The country’s overall real estate market remains “vulnerable” despite an easing in overvaluation in cities like Toronto and Victoria in the third quarter, ... More

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  2/7/2019 | Posted in Mortgages and Real Estate by Micheal Turk
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The federal government appears to be considering a budget announcement that would allow first-time homebuyers to obtain 30-year insured mortgages, up from the 25-year limit now, ... More

Real Estate & Mortgage News

  1/17/2019 | Posted in Canadian Housing Market by Micheal Turk
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In the not so distant past, Canadian contractors were building more single-family homes than multi-family homes, such as condo apartments. ... More

Real Estate & Mortgage News

  1/15/2019 | 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 posted a fourth-straight monthly decline in December 2018. ... More

Real Estate & Mortgage News

  1/15/2019 | Posted in Canadian Housing Market by Micheal Turk
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Teranet-National Bank index down 0.3% in December. ... More

Real Estate & Mortgage News

  1/14/2019 | Posted in Canadian Housing Market by Micheal Turk
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Canada’s home prices increased 4% year-over-year in the fourth quarter of 2018, a sign of the market recovering from “the most significant housing correction” ... More

Real Estate & Mortgage News

  1/9/2019 | Posted in Canadian Housing Market by Micheal Turk
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The trend in housing starts was 206,981 units inDecember 2018, compared to 212,338 units in November 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More

Real Estate & Mortgage News

  1/5/2019 | Posted in Canadian Economy and Interest Rates by Micheal Turk
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Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More

Real Estate & Mortgage News

  1/2/2019 | Posted in Canadian Economy and Housing Market by Micheal Turk
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go down. ... More

Real Estate & Mortgage News

  12/28/2018 | Posted in Canadian Housing Market Predictions by Micheal Turk
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If you’re looking to rent in Toronto, 2019 is poised to be a challenging year. ... More

Real Estate & Mortgage News

  12/18/2018 | Posted in Canadian Economy and Housing Market by Micheal Turk
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The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics. ... More

Real Estate & Mortgage News

  12/17/2018 | 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 posted another monthly decline in November 2018. ... More

Real Estate & Mortgage News

  12/13/2018 | Posted in Canadian Housing Market by Micheal Turk
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The Teranet-National Bank Composite National House Price Index fell 0.3 percent last month, following a 0.4 percent drop in October. ... More

Real Estate & Mortgage News