Housing starts on the rise after a sluggish September
11/19/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Accelerated building in two major cities is largely responsible for the rebound in construction ...
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Home sales in Canada drop for the first time since April in sign of cooling
11/18/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent ...
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Canadian home sales remain historically strong in October
11/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
National home sales continued running at historically strong levels in October 2020 ...
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Canada's House Prices Are Soaring Because Reality Doesn't Matter Anymore To Things Like That
11/1/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst economic ...
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Canada's housing market has fully recovered from pandemic shock: RBC
10/29/2020 | Posted in Canadian Housing Market by Jessi Sandhu
After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ...
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Moody's: Home prices to drop by as much as 7% early next year
10/15/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Canadian home prices will fall by 7% in early 2021 before steadily recovering through the rest of the year, according to a new forecast by Moody’s Analytics. ...
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What could a lack of elderly downsizers mean for Canada's housing market?
10/23/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible ...
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Is the CMHC's forecast of a major price drop this year still relevant?
10/22/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Some economists polled by Finder expressed scepticism towards the Crown corporation's market outlook ...
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Emerging trends for Canadian real estate in 2021
10/15/2020 | Posted in Real Estate Market by Jessi Sandhu
PwC's annual report dropped on October 15 ...
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Canadian home sales and prices set records again in September
10/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another record in September 2020. ...
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Why all the fear mongering by the CMHC over Canadian home prices?
10/3/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The strength of the Canadian real estate market has proven itself time and again during the pandemic ...
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Canada's housing market remains at moderate degree of vulnerability
9/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates in ...
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Tal forecasts stable housing sector, slower rental market
9/16/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery. ...
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August 2020 another record-setting month for many Canadian housing markets
9/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to climb in August 2020. ...
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Housing inventory could swell when deferral period ends
8/27/2020 | Posted in Real Estate Market by Jessi Sandhu
A housing inventory surge will likely precede a predicted arrears spike once payment deferrals end, according to a recent analysis. ...
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Canadian housing markets set multiple records in July 2020
8/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to rebound in July 2020, with new listings hitting ...
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Canadian housing starts increased in July
8/11/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 204,376 units in July 2020, up from 199,778 units in June 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is ...
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Teranet-National Bank data points to decline in home prices
7/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market has ...
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Housing starts stay strong, but 'confusing' fall ahead: CIBC
7/14/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ...
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Canadian home sales and new listings up again in June
7/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020. ...
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House prices in Canada's largest cities expected to drop: CMHC
6/24/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ...
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Major Canadian bank warns of historic price declines in Toronto and Vancouver
6/17/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
But those won't be the only major markets where prices will soften. ...
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Canadian home sales and new listings on the rise in May
6/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were up noticeably in May 2020 compared to April, though still ...
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Housing market will feel effect of COVID-19 until 2022, CMHC says
5/27/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Sales, new construction and prices all expected to decline during pandemic ...
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Canadian home sales and listings post record declines in April 2020
5/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings fell by more than half in April 2020 compared to March. ...
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Defying COVID-19 pressures, average prices might climb
5/8/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
The housing market can expect some recovery towards the end of the year according to Altus Group. ...
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Forced selling may be headed for Canada's housing market
5/2/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ...
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Home prices have some support despite sales slowdown
4/26/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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. ...
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Home prices could fall 5% amid pandemic
4/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
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 ...
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Canada braces for higher mortgage defaults
4/21/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
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 ...
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