1/30/2023 | Posted in Canadian Economy and Housing Market by Michael Antczak
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate. ... More

Real Estate & Mortgage News

  1/16/2023 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022. ... More

Real Estate & Mortgage News

  1/14/2023 | Posted in Canadian Housing Market by Michael Antczak
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Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, the ... More

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  1/13/2023 | Posted in Canadian Housing Market by Michael Antczak
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More

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  1/4/2023 | Posted in Foreign Buyers by Michael Antczak
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Is federal policy the answer to the country's years-old housing affordability crisis? ... More

Real Estate & Mortgage News

  1/3/2023 | Posted in Mortgages and Real Estate by Michael Antczak
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Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank of ... More

Real Estate & Mortgage News

  12/22/2022 | Posted in Foreign Buyers by Michael Antczak
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Starting in the new year, foreign commercial enterprises and people will be prohibited from purchasing residential properties in Canada for two years. ... More

Real Estate & Mortgage News

  12/20/2022 | Posted in Home Buyers by Michael Antczak
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High home prices and rising interest rates over the course of 2022 have made it significantly harder for buyers to qualify for the average mortgage. ... More

Real Estate & Mortgage News

  12/15/2022 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022. ... More

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  12/13/2022 | Posted in Canadian Housing Market by Michael Antczak
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The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s. ... More

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  12/7/2022 | Posted in Rental Market by Michael Antczak
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Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the ... More

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  11/16/2022 | Posted in Canadian Housing Market by Michael Antczak
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More

Real Estate & Mortgage News

  11/15/2022 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More

Real Estate & Mortgage News

  11/1/2022 | Posted in Canada Living by Michael Antczak
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The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market. ... More

Real Estate & Mortgage News

  10/20/2022 | Posted in Canadian Housing Market by Michael Antczak
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In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More

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  10/18/2022 | Posted in Canadian Housing Market by Michael Antczak
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021. ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability. ... More

Real Estate & Mortgage News

  10/11/2022 | Posted in Canadian Housing Market by Michael Antczak
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TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year. ... More

Real Estate & Mortgage News

  10/7/2022 | Posted in Canadian Housing Market by Michael Antczak
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While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according ... More

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  10/4/2022 | Posted in Home Buyers by Michael Antczak
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With high inflation and rising interest rates, a new survey has found nearly one in five Canadians say they're putting off buying a home. ... More

Real Estate & Mortgage News

  9/30/2022 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More

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  9/29/2022 | Posted in Foreign Buyers by Michael Antczak
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Proposals by the federal government to restrict foreign access to the Canadian housing market run the risk of complicating mortgage financing while not adequately addressing the ... More

Real Estate & Mortgage News

  9/20/2022 | Posted in Canadian Housing Market by Michael Antczak
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More

Real Estate & Mortgage News

  9/15/2022 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More

Real Estate & Mortgage News

  9/5/2022 | Posted in Interest Rates by Michael Antczak
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Toronto home sales bounced 11% in August from the previous month. ... More

Real Estate & Mortgage News

  8/25/2022 | Posted in Canadian Housing Market by Michael Antczak
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More

Real Estate & Mortgage News

  8/19/2022 | Posted in Canadian Housing Market by Michael Antczak
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More

Real Estate & Mortgage News

  8/16/2022 | Posted in Canadian Housing Market by Michael Antczak
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More

Real Estate & Mortgage News

  8/15/2022 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More

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