7/18/2022 | Posted in Canadian Housing Market by Micheal Turk
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The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month ... More

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  7/15/2022 | 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 were down in June 2022. ... More

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  6/16/2022 | Posted in Canadian Housing Market by Micheal Turk
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

Real Estate & Mortgage News

  6/16/2022 | Posted in Canadian Housing Market by Micheal Turk
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

Real Estate & Mortgage News

  6/15/2022 | 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 were down in May 2022. ... More

Real Estate & Mortgage News

  6/13/2022 | Posted in Canadian Housing Market by Micheal Turk
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Micheal Turk
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Micheal Turk
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Central bank's outsized rate increases having a big impact, according to RBC. ... More

Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Micheal Turk
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

Real Estate & Mortgage News

  5/19/2022 | Posted in Canadian Housing Market by Micheal Turk
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Micheal Turk
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Micheal Turk
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  5/16/2022 | Posted in Canadian Housing Market by Micheal Turk
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The annual pace of new home construction in April surpassed analysts' expectations ... More

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

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  4/21/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

Real Estate & Mortgage News

  4/16/2020 | Posted in Canadian Housing Market by Micheal Turk
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The outlook on the Canadian housing market: RBC ... More

Real Estate & Mortgage News

  4/15/2020 | 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 and listings were down sharply between February and March 2020. ... More

Real Estate & Mortgage News

  4/8/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

Real Estate & Mortgage News

  4/2/2020 | Posted in Canadian Housing Market by Micheal Turk
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More

Real Estate & Mortgage News

  3/21/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

Real Estate & Mortgage News

  3/17/2020 | Posted in Canadian Housing Market by Micheal Turk
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More

Real Estate & Mortgage News

  3/16/2020 | 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 were up between January and February 2020. ... More

Real Estate & Mortgage News

  3/9/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

Real Estate & Mortgage News

  3/4/2020 | Posted in Canadian Housing Market by Micheal Turk
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Lower mortgage rates likely to offset any major drag from a global outbreak ... More

Real Estate & Mortgage News

  2/21/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

Real Estate & Mortgage News

  2/19/2020 | Posted in Canadian Housing Market by Micheal Turk
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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

Real Estate & Mortgage News

  2/15/2020 | 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 declined between December 2019 and January 2020. ... More

Real Estate & Mortgage News

  2/10/2020 | Posted in Canadian Housing Market by Micheal Turk
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The national trend in housing starts essentially held steady in January. ... More

Real Estate & Mortgage News

  2/5/2020 | Posted in Canadian Housing Market by Micheal Turk
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More

Real Estate & Mortgage News

  1/30/2020 | Posted in Canadian Housing Market by Micheal Turk
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Quarterly price trend report shows most major markets posted gains. ... More

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