Home sales expected to rebound in 2019, 2020 but only to average
9/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu
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. ...
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Canadian home sales edge higher in August
9/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in August 2019. ...
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CMHC reports annual pace of housing starts climbed 1.9 per cent in August
9/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown. ...
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Soaring House Prices Could Return As Interest Rates Head To Zero: BMO
8/10/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
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. ...
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Canada house prices to pick up from stand-still but risks aplenty
8/22/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
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 ...
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Canadian home sales gain as lower rates help offset stress test
8/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home sales gain as lower rates help offset stress test ...
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Canadian home sales rise in July
8/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in July 2019 compared to June. ...
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Canadian housing starts trended higher in July
8/14/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC). ...
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Canada's Housing Market Now Well-Balanced
7/31/2019 | Posted in Canadian Housing Market by Jessi Sandhu
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 ...
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Toronto tops survey of country's most popular city to move to
7/19/2019 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto has been ranked as Canada’s most attractive city to move to, according to a survey from finance planning website Finder.com. ...
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OREA calls for relaxed mortgage rules
7/18/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Ontario Real Estate Association is calling for less stringent mortgage rules in a rebuttal aimed at the head of the Canada Mortgage and Housing Corp. ...
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Canadian home sales hold steady in June
7/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month. ...
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Rising home prices in Ontario cities fuel slight increase in Canada overall
7/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario. ...
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Canadian Housing Starts Jump To Highest Level Since 2007
7/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas. ...
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Despite new details, First-Time Home Buyer Incentive is flawed
6/18/2019 | Posted in First Time Home Buyers by Jessi Sandhu
While more details about the First-Time Home Buyer Incentive were released this week, there remains a glaring problem. ...
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First-Time Home Buyer Incentive To Launch In September
6/18/2019 | Posted in Home Buyers by Jessi Sandhu
The incentive will allow eligible first-time homebuyers who have the minimum down payment for an insured mortgage with CMHC, Genworth or Canada Guaranty, to apply to finance a ...
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Canadian home sales rise again in May 2019
6/17/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019. ...
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Regulator defends mortgage stress test in face of pushback from industry
6/11/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ...
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Canadian housing starts trend decreased in May
6/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC). ...
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Market collapse appears less likely says RBC
6/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ...
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6/4/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
What The Next 5 Years Will Look Like In 33 Canadian Cities ...
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IMF urges Canada not to change policy despite calls to ease mortgage stress test
5/22/2019 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary ...
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Poloz expects rates to rise 'a bit' but unsure on timing
5/21/2019 | Posted in Interest Rates by Jessi Sandhu
Bank of Canada Governor Stephen Poloz said he sees the slowdown in Canada’s economy as temporary and that interest rates will likely go up – he just doesn’t know ...
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Andrew Scheer Says He Wants To Scale Back Canada's Mortgage Stress Test
5/17/2019 | Posted in Home Buyers by Jessi Sandhu
The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ...
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Canadian home sales rise in April 2019
5/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed in April 2019. ...
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Housing demand is stronger than we're told: CIBC
5/15/2019 | Posted in Home Buyers by Jessi Sandhu
Canada needs to be building more homes to meet demand which is greater than official figures suggest. ...
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CMHC's Siddall Warns Homeownership 'Party' Coming to an End
5/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership as a ...
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Canadian housing starts trend increased in April
5/9/2019 | Posted in Canadian Housing Market by Jessi Sandhu
On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report. ...
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Canada's housing markets not as vulnerable as prices fall more than 5%
5/2/2019 | Posted in Canadian Housing Market by Jessi Sandhu
For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable ...
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Scrapping Mortgage Rules Would Boost Canadian Home Prices, TD Says
5/1/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ...
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