Canadian Housing Activity Remains in Holding Pattern
9/16/2024 | Posted in Real Estate News by Jessi Sandhu
National home sales increased in June following the Bank of Canada's first interest rate cut since 2020, and activity posted another small gain in August on the heels of ... More
Cooler housing markets is a growing trend in developed economies
6/10/2019 | Posted in Real Estate News by Jessi Sandhu
Cooling housing markets are being seen in many major cities across the developed economies.
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Mortgage growth slowed in Q2 says StatsCan
9/13/2018 | Posted in Real Estate News by Jessi Sandhu
Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact.
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Don't expect real estate agents to disappear any time soon
6/25/2018 | Posted in Real Estate News by Jessi Sandhu
Some predict a demise of the traditional brick-and-mortar brokerage model as technology evolves, but realtors still provide value.
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Marijuana legalization's effect on real estate in Canada
11/26/2017 | Posted in Real Estate News by Jessi Sandhu
Real estate agents want to know if you've grown pot in your home.
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Ontario, B.C. mull pre-construction condo sales registry amid CRA crackdown
10/31/2017 | Posted in Real Estate News by Jessi Sandhu
Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to ... More
CREA Lowers National Resale Housing Market Forecast
9/15/2017 | Posted in Real Estate News by Jessi Sandhu
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More
Annual pace of housing starts in Canada sped up in August compared with July
9/11/2017 | Posted in Real Estate News by Jessi Sandhu
Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July
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Suite of housing measures cooling market largely as expected: Morneau
7/19/2017 | Posted in Real Estate News by Jessi Sandhu
The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable ... More
Housing responsible for over 25% of Ontario's 2016 economic growth - report
7/7/2017 | Posted in Real Estate News by Jessi Sandhu
Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More
CREA Updates Resale Housing Market Forecast
6/15/2017 | Posted in Real Estate News by Jessi Sandhu
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More
Canada housing starts jump to highest in almost a decade, beating expectations
4/10/2017 | Posted in Real Estate News by Jessi Sandhu
The annual pace of housing starts increased more than expected in March and hit their highest level since September 2007. The Canada ... More
Ontario urging Ottawa to change tax rules in bid to curb real estate speculation
3/20/2017 | Posted in Real Estate News by Jessi Sandhu
Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.
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New home construction picks up, offering latest evidence of economic momentum
3/8/2017 | Posted in Real Estate News by Jessi Sandhu
The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More
Canadian housing starts begin 2017 on a high, fuelled by Ontario
2/12/2017 | Posted in Real Estate News by Jessi Sandhu
Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More
Foreign ownership of Canadian condos down from 2015: CMHC
12/7/2016 | Posted in Real Estate News by Jessi Sandhu
Foreign ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to ... More
Leaving a home empty in Vancouver to cost at least $10,000
11/11/2016 | Posted in Real Estate News by Jessi Sandhu
The talk of an empty homes tax in Vancouver is to become a reality. The city council says that it will be introduced by January 1, 2017.
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Pace of housing starts slips in October compared with September: CMHC
11/8/2016 | Posted in Real Estate News by Jessi Sandhu
Canada Mortgage and Housing Corp. says the pace of housing starts in October slowed compared with September.
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These 5 housing markets are the ones to watch in 2017
11/1/2016 | Posted in Real Estate News by Jessi Sandhu
Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons.
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Countries with the highest house price growth
9/18/2016 | Posted in Real Estate News by Jessi Sandhu
New research from property consultancy Frank Knight places Turkey atop its Global House Price Index, which tracks countries’ average house price growth. ... More
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