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Canadian home sales edge up again in September

10/13/2017 | Posted in Real Estate Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down ... More


Proposed mortgage stress test unnecessary and harmful: Fraser Institute

10/11/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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A new stress test for all uninsured mortgages is unnecessary and could increase costs for homebuyers, a report by the Fraser Institute said Wednesday.

... More


No shortage of investors for Canada's commercial real estate

9/27/2017 | Posted in Commercial Real Estate by Michael Antczak

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The first half of 2017 saw a 29% increase in investment in Canada’s commercial real estate sector, a new survey from Avison Young reveals.

... More


The Canadian housing market is in good shape, and so are the banks

9/26/2017 | Posted in Real Estate Market by Michael Antczak

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Despite rising interest rates and various policy measures implemented to slow down pricing growth, the Canadian housing market is not on track for a sharp decline. It ... More


Canadian borrowing grows at its fastest pace since 2010: BoC

9/22/2017 | Posted in Financial Health by Michael Antczak

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Canadians’ appetite for borrowing does not appear to be waning any time soon, if the latest figures from the Bank of Canada are any indication.

... More


Canadian debt-to-disposable income load rises in Q2

9/19/2017 | Posted in Financial Health by Michael Antczak

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In its latest data release, Statistics Canada announced that the amount Canadians owed compared with their disposable income climbed higher in the second quarter.

... More


Buyers to face even greater hurdles

9/19/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Last year’s mortgage rule changes placed roadblocks in front of millions of would-be buyers, but increased rates and future regulatory action may prove even more ... More


This asset class is one of the strongest performers in the national commercial market

9/18/2017 | Posted in Real Estate Market by Michael Antczak

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If current trends are any indication, Canada’s hotel segment is now ready for intensified expansion to accommodate strong demand, according to market observers.

... More


Home sales edge back into growth as the GTA rebounds

9/18/2017 | Posted in Real Estate Market by Michael Antczak

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There was a small increase in national home sales in August, reversing a four-month trend of decline, as the GTA rebounded.

... More


Annual pace of housing starts in Canada sped up in August compared with July

9/11/2017 | Posted in Real Estate News by Michael Antczak

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Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July

... More


Bank of Canada Raises Benchmark Rate to 1%

9/6/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The Bank of Canada forged ahead with another interest rate hike in a nod to the country’s surging economy, while signaling its appetite for further tightening may be ... More


Ontarians are piling up non-mortgage debt

9/6/2017 | Posted in Financial Health by Michael Antczak

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Debt levels in Ontario are outpacing the other provinces while those in Western Canada are declining – and it’s not just home loans.

... More


There is now better foreign buyer data than ever before

8/30/2017 | Posted in Foreign Buyers by Michael Antczak

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The government has perhaps its best understanding of just how influential foreign buyers are on Canada’s hottest markets, according to one big bank.

... More


Insured mortgage market has decreased: CMHC

8/30/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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The market for insured mortgages has decreased due to new regulations introduced at the end of 2016.

... More


Taxes - the average Canadian family's largest expense

8/24/2017 | Posted in Financial Health by Michael Antczak

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With home prices rising across the country, many would assume that housing costs (including rent and mortgage payments) are the most expensive budget item for the average ... More


Record household debt to add pressure to credit cards in next downturn: Moodys

8/23/2017 | Posted in Financial Health by Michael Antczak

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Unprecedented household debt levels will give Canadians a rude awakening on their unpaid credit card bills if another economic downturn materializes in the coming years, ... More


Buyers work around mortgage stress test

8/22/2017 | Posted in Home Buyers by Michael Antczak

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A new report reveals Canadian sentiment about homebuying in Canada – including just how impactful the stress test might be.

... More


Mortgage rule changes are cooling housing market: Morneau

8/22/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More


The darker side of low rates

8/22/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser ... More


Canada's housing bubble has vanished without a 'crash landing', say economists

8/21/2017 | Posted in Real Estate Market by Michael Antczak

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Economists say the Canadian housing bubble — long feared to be vulnerable to a dangerous pop — is now officially dead.

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Canada has 3 of the 10 most liveable cities in the world

8/18/2017 | Posted in Most Livable by Michael Antczak

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The annual rankings of the world’s most liveable cities has been revealed and three of the top ten are in Canada.

... More


Canadian homebuyer power has doubled since the millennium

8/18/2017 | Posted in Home Buyers by Michael Antczak

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A prolonged regime of low-interest rates along with a steady trend of rising incomes have more than doubled the amount that Canadians are able ... More


Interest rates to hit 1.75% by summer 2019

8/16/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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The latest forecast from CIBC Capital Markets is for Canadian interest rates to increase again in December this year.

... More


Canadian home sales fall further in July

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

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

... More


New mortgage data released by CMHC

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

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New mortgages continue to grow in Canada, according to a new report. There were just over 1 million new mortgage loans funded in Canada last year — up 1.4% ... More


Canadian cities will have lowest office rates in the Americas by 2019

8/11/2017 | Posted in Commercial Real Estate by Michael Antczak

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Office vacancy rates in some of Canada’s biggest cities are set to be among the lowest in the Americas within the next two years as demand makes the markets among the ... More


Home construction picks up in July, driven by buildings, condos, CMHC says

8/10/2017 | Posted in New Developments by Michael Antczak

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The federal housing agency says home construction picked up last month. The annual pace of urban home construction increased by 5.5 per cent to 206,122 units, driven by a ... More


Here's why BoC might hold off raising rates despite all signs pointing to another hike

8/9/2017 | Posted in Mortgage Interest Rates by Michael Antczak

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Should Poloz and his policy team sit on their hands for now or entertain at least one more rate increase in the coming months?

... More


Rise of the robot realtor? Canadians amongst the most 'digitally-active' homebuyers in the world

8/8/2017 | Posted in Industry Trends by Michael Antczak

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New technologies are transforming the way people in Canada and across the globe are buying a home, with significant implications for consumers and the property ... More


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