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

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

Real Estate & Mortgage News

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

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

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

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

Real Estate & Mortgage News

  4/15/2020 | Posted in Canadian Economy and Interest Rates by Micheal Turk
  SHARE

The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

Real Estate & Mortgage News

  4/15/2020 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

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

  4/14/2020 | Posted in Canadian Housing Market Predictions by Micheal Turk
  SHARE

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

Real Estate & Mortgage News

  3/16/2020 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

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
  SHARE

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

  3/5/2020 | Posted in Mortgages and Real Estate by Micheal Turk
  SHARE

Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More

Real Estate & Mortgage News

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

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
  SHARE

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
  SHARE

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

  2/5/2020 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

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

  2/3/2020 | Posted in Canadian Economy and Housing Market by Micheal Turk
  SHARE

Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries. ... More

Real Estate & Mortgage News

  1/30/2020 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Quarterly price trend report shows most major markets posted gains. ... More

Real Estate & Mortgage News

  1/15/2020 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. ... More

Real Estate & Mortgage News

  12/18/2019 | Posted in Canadian Economy and Interest Rates by Micheal Turk
  SHARE

Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More

Real Estate & Mortgage News

  12/16/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. ... More

Real Estate & Mortgage News

  11/7/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics. ... More

Real Estate & Mortgage News

  10/24/2019 | Posted in Canadian Housing Market Predictions by Micheal Turk
  SHARE

After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2020. ... More

Real Estate & Mortgage News

  10/22/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Teranet-National Bank index shows prices slightly increased both on a monthly and annual basis. ... More

Real Estate & Mortgage News

  10/21/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

This is the best place to start in fighting off the influence of illicit foreign money. ... More

Real Estate & Mortgage News

  9/17/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or so. ... More

Real Estate & Mortgage News

  9/6/2019 | Posted in Mortgages and Real Estate by Micheal Turk
  SHARE

Canada's mortgage market has been turned upside down, and it's giving borrowers an uncommon advantage, a new report suggests. ... More

Real Estate & Mortgage News

  8/22/2019 | Posted in Canadian Housing Market Predictions by Micheal Turk
  SHARE

Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and property ... More

Real Estate & Mortgage News

  8/16/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Canadian home sales gain as lower rates help offset stress test ... More

Real Estate & Mortgage News

  8/15/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in July 2019 compared to June. ... More

Real Estate & Mortgage News

  8/10/2019 | Posted in Mortgages and Real Estate by Micheal Turk
  SHARE

The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ... More

Real Estate & Mortgage News

  7/31/2019 | Posted in Canadian Housing Market by Micheal Turk
  SHARE

Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, Royal ... More

Real Estate & Mortgage News
Ask Micheal Turk

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.