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Canadian home sales post solid gain in November

12/14/2017 | Posted in Canadian Housing Market by Michael Antczak

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose strongly in November 2017.

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These 6 predictions about the 2017 Canadian housing market were way off base

11/22/2017 | Posted in Canadian Housing Market by Michael Antczak

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Few could have predicted the roller coaster that was the Canadian housing market in 2017. Here are 6 predictions for 2017 that ended up falling seriously short.

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Market vulnerability varies across Canada

11/19/2017 | Posted in Mortgages and Real Estate by Michael Antczak

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It will be more difficult to qualify for a mortgage in 2018, with experts saying it will slow the growth of housing in Canada.

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Canadian home sales edge up again in October

11/15/2017 | 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 posted a modest monthly increase in October but remain below levels ... More


Index retreats by 1% in October

11/15/2017 | Posted in Real Estate Market by Michael Antczak

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In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the ... More


Canadian housing market still highly vulnerable says CMHC

10/27/2017 | Posted in Real Estate Market by Michael Antczak

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Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”.

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Canada's 10 priciest neighbourhoods

10/26/2017 | Posted in Real Estate Market by Michael Antczak

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A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.

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Canada housing market rebound seen in mid-2018 as sales rise for second month in a row

10/14/2017 | Posted in Real Estate Market by Michael Antczak

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The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market.

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Canadian home sales edge up again in September

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

crea-news-18.jpg - Real Estate News

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


Index retreats by 0.8% in September

10/12/2017 | Posted in Real Estate Market by Michael Antczak

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In September the Teranet–National Bank National Composite House Price Index™ was down 0.8% from the previous month, the largest monthly decline since ... 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.

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It turns out Canada's house prices aren't too bad

9/29/2017 | Posted in Real Estate Market by Michael Antczak

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While plenty of homeowners, potential homeowners, and experts will disagree, Canada’s homes are not as expensive as we may think.

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Sales of $1 million-plus condos up 86 per cent in the GTA and 11 per cent in Vancouver

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

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Demand for luxury properties is up in Victoria, Calgary, and Oakville, while the urban hubs of Vancouver and the GTA saw decreased demand for luxury ... 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


Chinese Interest Is Up In The GTA, But They're Not Interested In Speculation

9/22/2017 | Posted in Foreign Buyers by Michael Antczak

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Some media outlets recently reported that interest in Canadian real estate among Chinese buyers increased 30 per cent in the first half of this year, compared to a ... More


Canadian luxury markets to experience varied performances this fall

9/22/2017 | Posted in Real Estate Market by Michael Antczak

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Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... 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


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.

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Home price rises to slow down sharply: RBC

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

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A housing market outlook from RBC Economics is calling for a decline in resales for 2017 and 2018 and a deceleration of price rises.

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CREA Lowers National Resale Housing Market Forecast

9/15/2017 | Posted in Real Estate News by Michael Antczak

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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


Canadian home sales edge up in August

9/15/2017 | Posted in Real Estate Market by Michael Antczak

crea-news-18.jpg - Real Estate News

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017.

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Brace yourself for five years of glacial growth in Canada's housing market: Moody's

9/14/2017 | Posted in Real Estate Market by Michael Antczak

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National housing market to see no more than 1.3% annual price gains but Toronto may buck the trend because of strong demand than flies in the face of affordability.

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House Price Index Points To A Decline In Toronto

9/14/2017 | Posted in Real Estate Market by Michael Antczak

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In August the Teranet-National Bank National Composite House Price Index™  was up 0.6% from the previous month, less than the average 0.7% gain for ... 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

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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


When It Comes To Soaring House Prices, Canada is #1

9/1/2017 | Posted in Real Estate Market by Michael Antczak

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Canada has seen the fastest house-price growth among the major economies of the G20, a new report says. But with Toronto's housing market entering a slowdown, it's ... 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.

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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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