Michael Antczak | Real Estate Sales Representative Serving Vaughan, Kleinburg | RE/MAX Premier Inc., Brokerage | Real Estate Mike for All Your Real Estate Needs

Real Estate Market News and Articles | My Blog

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Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

8/17/2017 | Posted in Real Estate Market by Michael Antczak

'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More


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Canadian home sales fall further in July

8/15/2017 | Posted in Real Estate Market by Michael Antczak

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017.

... More


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The Teranet-National Bank Composite House Price Index Indicates a 2% Increase in the month of July

8/14/2017 | Posted in Real Estate Market by Michael Antczak

In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given ... More


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Canadian home sales drop again in June

7/17/2017 | Posted in Real Estate Market by Michael Antczak

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017.

... More


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Highest June Monthly Rise on Record

7/12/2017 | Posted in Real Estate Market by Michael Antczak

In June the Teranet–National Bank National Composite House Price Index™ was up 2.6% from the previous month. As with May, it was the largest June rise in the ... More


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Housing starts picked up in June: CMHC

7/11/2017 | Posted in Real Estate Market by Michael Antczak

Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June.

... More


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Toronto luxury market hits new record while Vancouver slumps

7/11/2017 | Posted in Real Estate Market by Michael Antczak

Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax.

... More


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Canada Not Alone in House Price Mania

6/26/2017 | Posted in Real Estate Market by Michael Antczak

The dramatic rise in Canadian house prices has been making headlines almost daily. But Canada isn’t the only country experiencing skyrocketing home prices.

... More


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Bank of Canada Believes Housing Is Still Pretty Cheap

6/23/2017 | Posted in Real Estate Market by Michael Antczak

Turns out housing may be affordable, acording to Bank of Canada (BoC) Housing Affordability Index which shows that the cost of housing across Canada is below historic norms. We ... More


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Canada accumulating private debt faster than any other advanced economy

6/22/2017 | Posted in Real Estate Market by Michael Antczak

We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations.

... More


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Canadian home sales drop sharply in May

6/15/2017 | Posted in Real Estate Market by Michael Antczak

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a sizeable decline in May 2017.

... More


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Home Prices Up a Record 2.2% in May

6/14/2017 | Posted in Real Estate Market by Michael Antczak

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 ... More


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BMO CEO downplays housing risk

6/12/2017 | Posted in Real Estate Market by Michael Antczak

The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... More


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Ontario new housing rules take a bite out of new construction numbers for country

6/9/2017 | Posted in Real Estate Market by Michael Antczak

Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ... More


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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 Michael Antczak

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 ... More


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Cottage country feels the heat from Toronto's real estate fire

5/21/2017 | Posted in Real Estate Market by Michael Antczak

The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ... More


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Canadian home sales drop in April

5/15/2017 | Posted in Real Estate Market by Michael Antczak

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More


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Sharpest 12 Month Rise On Record For Toronto and Hamilton Home Prices

5/12/2017 | Posted in Real Estate Market by Michael Antczak

In April, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month. This gain is similar to that reported for April of ... More


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Toronto, Victoria are world's 'hottest' luxury real estate markets

5/11/2017 | Posted in Real Estate Market by Michael Antczak

Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More


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Housing starts trend higher

5/9/2017 | Posted in Real Estate Market by Michael Antczak

The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March.

... More


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