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Toronto and Vancouver housing affordability still at high-stress levels: RBC

4/4/2017 | Posted in Real Estate Market by Michael Antczak

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The fourth quarter of 2016 saw Canadian housing costs remain at overheated levels despite the imposition of various federal and provincial measures to address the prevalent ... More


How to cool a red-hot housing market

4/2/2017 | Posted in Real Estate Market by Michael Antczak

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Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them.

... More


Greater Toronto Area booms with $1 million plus home sales

1/11/2017 | Posted in Toronto Real Estate by Michael Antczak

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The $1-million club isn’t so exclusive any longer, as a record number of homes sold for at least that much in the Greater Toronto Area last year.

... More


What the housing market could look like in 2017

1/3/2017 | Posted in Real Estate Market by Michael Antczak

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Canadians coast-to-coast love to talk about the cost of homes, and 2016 was a hot year for the housing market in many cities. Here’s what is likely to happen to the ... More


No December slowdown in housing sales as search for homes expected to extend through Christmas

12/22/2016 | Posted in Real Estate Market by Michael Antczak

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It won’t exactly fit under the tree but holiday shopping this year appears to include real estate in Canada’s largest housing market. The traditional December ... More


Leaving a home empty in Vancouver to cost at least $10,000

11/11/2016 | Posted in Real Estate News by Michael Antczak

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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.

... More


A 'tale of two cities' as Toronto, Vancouver await fallout from mortgage rules

11/7/2016 | Posted in Real Estate Market by Michael Antczak

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Over the course of two days, real-estate sales figures for the month of October suggested a continuing boom in Toronto with a correction fully underway in ... More


These 5 housing markets are the ones to watch in 2017

11/1/2016 | Posted in Real Estate News by Michael Antczak

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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.

... More


CMHC warns high house prices spreading to B.C., Ontario suburbs

10/27/2016 | Posted in Real Estate Market by Michael Antczak

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Canada’s housing agency is warning that prices are soaring in smaller communities in British Columbia and Ontario as the real estate boom in Vancouver and Toronto spreads ... More


Young professionals struggle to rent in 'crazy' real estate markets

10/15/2016 | Posted in Real Estate Market by Michael Antczak

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For many young professionals chasing the dream of home ownership, "I'll be renting forever" is a common lament as real estate prices in ... More


Big bank's real estate market prediction

9/28/2016 | Posted in Real Estate Market by Michael Antczak

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One bank’s long-term forecast includes expected "gradual softening" and the possibility of further policy implementation.

... More


"Doubling up" on the rise in red-hot markets

9/27/2016 | Posted in Real Estate Market by Michael Antczak

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More and more consumers in Vancouver and Toronto are purchasing and moving to new properties even as they continue to maintain ownership of their old homes, taking advantage of ... More


Good news for three Canadian cities

8/28/2016 | Posted in Most Livable by Michael Antczak

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And brokers in those major markets, which include one that has struggled to recapture past housing glory.

... More


High credit scores reduce risk in hottest markets: CIBC

8/26/2016 | Posted in Real Estate Market by Michael Antczak

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CIBC is confident that its mortgage book is not a huge risk even in the two hottest markets. In a conference call following the release of its third quarter earnings, the ... More


RBC keeps close eye on Vancouver and Toronto housing markets

8/25/2016 | Posted in Real Estate Market by Michael Antczak

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Royal Bank of Canada, Canada's biggest bank, said it was closely monitoring home prices in Vancouver and Toronto after reporting slightly higher-than-expected quarterly ... More


Ontario looking 'very closely' at B.C. real estate tax on foreign buyers

7/27/2016 | Posted in Ontario Real Estate by Michael Antczak

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Ontario's finance minister says he will be looking "very closely" at British Columbia's tax aimed at foreign homebuyers as he looks for ways to address ... More


Morneau hints at more steps to slow housing market

6/23/2016 | Posted in Real Estate Market by Michael Antczak

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Finance Minister Bill Morneau hinted his government will take additional steps to rein in housing prices in Toronto and Vancouver, the country’s two most expensive ... More


Bank of mom, dad vital for millennial first-time buyers

6/14/2016 | Posted in First Time Home Buyers by Michael Antczak

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Young Canadians are increasingly receiving help from their parents in order to become first-time buyers in Vancouver and Toronto.

... More


Toronto housing boom unsustainable, Bank of Canada says

6/10/2016 | Posted in Real Estate News by Michael Antczak

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The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic ' fundamentals.'

... More


Feds 'pricing out a generation' with home buyer crackdown

6/10/2016 | Posted in Home Buyers by Michael Antczak

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The federal government would be better-served by encouraging the construction of new homes in Toronto and Vancouver, rather than trying to clamp down on foreign buyers in ... More


Bank of Canada concerned home buyer expectations may be driving up prices

6/2/2016 | Posted in Real Estate Market by Michael Antczak

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The Bank of Canada is concerned that the acceleration in housing prices in Toronto and Vancouver may be partly due to purchases based solely on the expectation that prices will ... More


Canadian bankers are calling on the government to take further steps to cool surging housing markets

6/2/2016 | Posted in Real Estate Market by Michael Antczak

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Canadian bankers are calling on the government to take further steps to cool surging housing markets in Toronto and Vancouver.

... More


After long boom, Canada's housing shows some signs of cooling as high prices create "a vicious circle"

5/31/2016 | Posted in Real Estate Market by Michael Antczak

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There has been a cooling in sales activity in Toronto and Vancouver as prices have made it prohibitive for current homeowners to buy up.

... More


Records broken anew in Vancouver and Toronto

5/9/2016 | Posted in Real Estate Market by Michael Antczak

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The engines of Canada’s already overheated housing markets do not appear to be halting any time soon, as price growth records have been shattered anew with incredibly ... More


Sustained price appreciation in Vancouver and Toronto revitalizing surrounding areas according to new RE/MAX report

4/21/2016 | Posted in Real Estate Market by Michael Antczak

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Vancouver and Toronto continued to see significant price appreciation in the first quarter of the year. Greater Vancouver's average residential sale price in the first ... More


CMHC releases report on foreign ownership

4/7/2016 | Posted in Real Estate Investments by Michael Antczak

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The Crown Corporation released its latest Housing Markets Insight Report Thursday, which focuses on the foreign investment. The report found that foreign ownership is most ... More


Working-age population drives price growth: National Bank

4/6/2016 | Posted in Real Estate News by Michael Antczak

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A National Bank official said that Canada’s pool of skilled young professionals is responsible for much of the demand in the country’s urban centres.

... More


Toronto, Vancouver condo investment is long-term says report

4/6/2016 | Posted in Real Estate Investments by Michael Antczak

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Most investments in condos in Toronto and Vancouver are for long-term gains rather than making a quick buck. That’s according to a report from the CMHC which says ... More


GTA will lead luxury sales market

3/7/2016 | Posted in GTA Real Estate by Michael Antczak

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The luxury sales market will be led by the Greater Toronto Area according to a report from Sotheby’s Canada. The realty firm says that limited inventory and strong demand ... More


British Columbia imposes citizenship disclosure for home buyers

2/20/2016 | Posted in Real Estate News by Michael Antczak

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British Columbia will require home buyers to disclose their citizenship to help the government monitor foreign ownership and address a housing boom that has made Vancouver one ... More


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