The latest in mortgage news: record population growth to keep upward pressure on home prices

7/21/2023 | Posted in Canadian Housing Market by Jessi Sandhu

Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report. ... More

Tags: Canadian Housing Market, Immigration, Population Growth

Canada's population will hit record 40M on Friday: StatCan

6/15/2023 | Posted in Canada Living by Jessi Sandhu

Statistics Canada says the country will reach a new milestone on Friday as the population hits a record 40 million people. ... More

Tags: Canada Living, Immigration

Condo boom puts Toronto atop Crane Index ... again

4/13/2020 | Posted in Commercial Real Estate by Jessi Sandhu

The booming Greater Toronto Area has again taken top spot on the North American Crane Index, with the region hosting an astounding 27 per cent of the cranes counted in 14 of the ... More

Tags: Condo Buyers, GTA Condo Market, Immigration, New Condos, Preconstruction Condo Sales, Real Estate Investors

10 first-time homebuyer trends

2/24/2020 | Posted in First Time Home Buyers by Jessi Sandhu

Genworth Canada’s 2019 First-Time Homeownership Study provides a snapshot of the demographics of Canada’s first-time homebuyers (FTBs), what’s motivating them ... More

Tags: Condo Buyers, First Time Home Buyers, Immigration, Mortgages & Real Estate

Immigration continues to supercharge the engines of Canadian housing

2/19/2020 | Posted in Canadian Housing Market by Jessi Sandhu

The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More

Tags: Canada Real Estate, Canadian Home Sales, Canadian Housing Market, Canadian Real Estate Market Outlook, Immigration

Expect a seller's market this year

1/7/2020 | Posted in Canadian Housing Market Predictions by Jessi Sandhu

The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say. ... More

Tags: Canadian Housing Market, Canadian Real Estate Market Outlook, GTA Real Estate Market, Housing Supply, Immigration

Newcomers represent one in five home purchases in Canada

10/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu

This demographic is likely to account for nearly 700,000 home sales over the next five years. ... More

Tags: First Time Home Buyers, Immigration, Statistics Canada

GTA market fundamentals to remain robust going forward

8/17/2019 | Posted in GTA Real Estate by Jessi Sandhu

Exceptional job growth in the Greater Toronto Area, along with consistently high immigration, has spurred strong rental demand through the first half of 2019. ... More

Tags: Condo Rental, GTA News, GTA Real Estate Market, Home Rental, Immigration, Tech City, Toronto Rental Market

Toronto is still the number 1 Canadian migration city

7/9/2019 | Posted in Toronto News by Jessi Sandhu

U-Haul’s annual migration trends report for 2018 shows more people are moving to Toronto. ... More

Tags: Immigration, Toronto Housing, Toronto Living, Toronto Rental Market

Immigration volume will fuel further housing demand

4/30/2019 | Posted in Canadian Housing Market by Jessi Sandhu

For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research. ... More

Tags: Canadian Housing Market, Canadian Real Estate Market Outlook, Foreign Buyers, Home Buyers, Housing Demand, Housing Supply, Immigration