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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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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Why house prices are unlikely to rise any time soon
4/11/2019 | Posted in Canadian Housing Market by Jessi Sandhu
While this season usually brings a wave of interested buyers, economists wonder if we’ll see a spring thaw in the market this year. ...
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Canadian banking system outlook revised to stable from negative by Moody's
9/6/2018 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely to ...
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Majority of Canadians blame foreigners for price spikes
7/4/2018 | Posted in Foreign Buyers by Jessi Sandhu
Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ...
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Luxury home prices "relatively resilient" despite lower sales in GTA and Greater Vancouver
5/14/2018 | Posted in Luxury Real Estate by Jessi Sandhu
Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ...
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No new regulations, drastic home price increases in 2018
1/4/2018 | Posted in Mortgages and Real Estate by Jessi Sandhu
By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of respite ...
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Among Canada's housing markets, Toronto remains the most 'puzzling'
10/10/2017 | Posted in Real Estate Market by Jessi Sandhu
Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ...
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Home sales edge back into growth as the GTA rebounds
9/18/2017 | Posted in Real Estate Market by Jessi Sandhu
There was a small increase in national home sales in August, reversing a four-month trend of decline, as the GTA rebounded. ...
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Supply not the main factor in Toronto's housing woes: Commentary
8/15/2017 | Posted in Toronto Real Estate by Jessi Sandhu
While various quarters have cited supply scarcity as a central driver in Toronto’s long-running housing affordability issues, latest census data actually belies that notion, ...
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Canada Not Alone in House Price Mania
6/26/2017 | Posted in Real Estate Market by Jessi Sandhu
The dramatic rise in Canadian house prices has been making headlines almost daily. But Canada isn’t the only country experiencing skyrocketing home prices. ...
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Home Prices Up a Record 2.2% in May
6/14/2017 | Posted in Real Estate Market by Jessi Sandhu
In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the index. ...
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Canada home prices not coming down yet thanks to low rates: Reuters poll
5/25/2017 | Posted in Real Estate Market by Jessi Sandhu
Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ...
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House prices can't climb faster than incomes forever
5/18/2017 | Posted in GTA Real Estate by Jessi Sandhu
For the last three years, analysts have been predicting a Canadian housing crash and ensuing recession, yet the economy continues to chug along and house prices are still rising. ...
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Canadian home sales edge higher from February to March
4/18/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017. ...
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4/18/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Apprehension grows over the region's steep price gains, causing many to search for property in regions beyond the GTA. ...
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Buyers, sellers brace for an unprecedented spring real estate season in Toronto region
4/15/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Buyers in the Toronto Region can expect mad competition for homes to continue. ...
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GTA REALTORS® Release Resale Housing Market Figures
4/5/2017 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in March ...
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Toronto house prices may jump 25% this year: Report
3/27/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling demand ...
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Toronto house price surge down to speculators
3/22/2017 | Posted in Toronto Real Estate by Jessi Sandhu
The ever-rising home prices in Toronto are set to gather pace and require policy measures to curb speculation according to economists. ...
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$1 million GTA homes have almost doubled
3/22/2017 | Posted in GTA Real Estate by Jessi Sandhu
In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports. ...
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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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Canadian home sales climb in February
3/15/2017 | Posted in Real Estate Market by Jessi Sandhu
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017. ...
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Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong
3/14/2017 | Posted in Real Estate Market by Jessi Sandhu
Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from some ...
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Prices soar 30 per cent in this Ontario market
3/6/2017 | Posted in Ontario Real Estate by Jessi Sandhu
The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher. ...
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Government "very focused" on monitoring housing market: Finance Minister
3/6/2017 | Posted in Toronto Real Estate by Jessi Sandhu
The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto and ...
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Big banks are freaking out about Toronto real estate
3/5/2017 | Posted in Toronto Real Estate by Jessi Sandhu
Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule changes ...
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GTA REALTORS® Release Monthly Resale Housing Market Figures
3/3/2017 | Posted in GTA Real Estate by Jessi Sandhu
Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 8,014 residential sales through TREB’s MLS® System in ...
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2/17/2017 | Posted in GTA Real Estate by Jessi Sandhu
Well, this may be the first time in recent memory a big bank economist has used the feared B-word in relation to real estate. Bubble. ...
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GO expansion could boost GTA property values
2/9/2017 | Posted in GTA Real Estate by Jessi Sandhu
A study commissioned by the Toronto Real Estate Board considered the impact of GO’s Regional Express Rail expansion on Toronto region housing prices and affordability. ...
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