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crea-news-18.jpg - Real Estate News

Canadian home sales down in January

2/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

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Rents in major cities spike

2/13/2020 | Posted in Rental Market by Jessi Sandhu

The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.

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This is not a good sign: RBC

2/13/2020 | Posted in Toronto Real Estate by Jessi Sandhu

Toronto housing price surge resembles sky-high gains of 2016.

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Drive until you qualify

2/10/2020 | Posted in GTA Real Estate by Jessi Sandhu

Mortgage stress test forces homebuyers further outside GTA to find house they can afford.

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Canadian housing starts unchanged in January

2/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu

The national trend in housing starts essentially held steady in January.

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Toronto Living 2030

2/7/2020 | Posted in Toronto News by Jessi Sandhu

The population of the Toronto area will hit 8 million in the next 10 years. It's make or break time? Are we ready?

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GTA REALTORS® Release January 2020 Stats

2/6/2020 | Posted in Toronto Real Estate by Jessi Sandhu

TRREB President Michael Collins announced that Greater Toronto Area REALTORS® reported 4,581 home sales through TRREB’s MLS® System in January 2020 – up by ... More


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TREBB Releasing 2020 Market Outlook

2/6/2020 | Posted in Toronto Real Estate by Jessi Sandhu

Toronto Regional Real Estate Board President Michael Collins announces the release of TRREB’s fifth annual Market Year in Review and Outlook Report.

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Focus on housing supply, not the mortgage stress test, says Scotiabank CEO

2/5/2020 | Posted in Canadian Housing Market by Jessi Sandhu

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.

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GTA commercial market strong in 2019

2/4/2020 | Posted in Commercial Real Estate by Jessi Sandhu

Altus Group Limited has released its 2020 GTA Flash Report, which provides a comprehensive review of the real estate market in the Greater Toronto Area (GTA) based on 2019 ... More


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Will Toronto's suburbs see the next great housing gold rush?

2/3/2020 | Posted in Toronto Real Estate by Jessi Sandhu

Developers are betting on new projects in some of Toronto’s oldest suburbs to attract millennials fleeing from the main city area’s inflamed home prices.

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Real estate, construction helps boost Canadian economy

2/3/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu

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

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Canadian home prices accelerated in 2019 says Statistics Canada

1/30/2020 | Posted in Canadian Housing Market by Jessi Sandhu

Quarterly price trend report shows most major markets posted gains.

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Former niche CRE investment is now big business

1/30/2020 | Posted in Commercial Real Estate by Jessi Sandhu

Data centres are now a cornerstone of business and $100 billion has flowed into the asset class in the last decade according to a new report from Cushman & Wakefield.

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Fixed rate mortgages could go on sale

1/29/2020 | Posted in Mortgage Interest Rates by Jessi Sandhu

Fixed rate mortgages could go on sale as fears of spreading coronavirus push bond yields down

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Canadian reverse mortgage debt reaches nearly $4 billion

1/28/2020 | Posted in Financial Health by Jessi Sandhu

Despite a decelerating pace of borrowing, Canadian seniors still pushed the nation’s reverse mortgage debt balance towards yet another ... More


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Initiative to increase tax rebate for first-time buyers in Toronto

1/27/2020 | Posted in Toronto Real Estate by Jessi Sandhu

Two city councillors are pushing for a rethink of Toronto's municipal land transfer tax rebate for first-time home buyers, suggesting the cap should be increased to match ... More


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Why longer-term mortgages could be beneficial

1/22/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

The current lending rules in Canada are geared towards shorter-mortgage terms

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Bank of Canada Holds Rates, Shows Less Confidence in Outlook

1/22/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

The Bank of Canada held interest rates steady but expressed heightened concern about a slowing economy.

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Toronto has slipped again in global CRE investment rankings

1/21/2020 | Posted in Commercial Real Estate by Jessi Sandhu

Strength in the US and core markets in Asia are driving growth in commercial real estate transactions according to a new report.

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Ultra-low Rates Will Persist: RBC

1/17/2020 | Posted in Mortgages and Real Estate by Jessi Sandhu

The 2020s won’t be the decade to lock into a long-term fixed mortgage, according to RBC Economics.

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Toronto condo apartment sales gained at the end of 2019

1/17/2020 | Posted in Toronto Real Estate by Jessi Sandhu

There were 5,367 condominium apartment sales in the Greater Toronto Area in the fourth quarter of 2019.

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Canadian home sales inch lower in December

1/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu

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

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Canadian CRE set to perform well overall in 2020

1/13/2020 | Posted in Commercial Real Estate by Jessi Sandhu

This year should be a good one for Canada’s commercial real estate sector with overall strong performance.

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Canadian housing starts trended lower in December

1/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu

There was a decline in the 6-month moving trend in Canadian housing starts in December.

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