6/28/2022 | Posted in Interest Rates by Michael Antczak
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of Canada’s ... More
6/15/2022 | 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 in May 2022. ... More
6/8/2022 | Posted in Canadian Housing Market by Michael Antczak
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More
6/8/2022 | Posted in Canadian Housing Market by Michael Antczak
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Central bank's outsized rate increases having a big impact, according to RBC. ... More
5/30/2022 | Posted in Mortgage Interest Rates by Michael Antczak
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Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that ... More
5/25/2022 | Posted in Canadian Housing Market by Michael Antczak
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More
5/17/2022 | Posted in Canadian Housing Market by Michael Antczak
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More
5/17/2022 | Posted in Canadian Housing Market by Michael Antczak
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More
5/2/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ... More
4/26/2020 | Posted in Canadian Housing Market by Michael Antczak
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More
4/21/2020 | Posted in Canadian Housing Market by Michael Antczak
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More
4/16/2020 | Posted in Canadian Housing Market by Michael Antczak
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The outlook on the Canadian housing market: RBC ... More
4/15/2020 | 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 and listings were down sharply between February and March 2020. ... More
2/21/2020 | Posted in Canadian Housing Market by Michael Antczak
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain low ... More
2/19/2020 | Posted in Canadian Housing Market by Michael Antczak
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More
2/15/2020 | 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 declined between December 2019 and January 2020. ... More
1/15/2020 | 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 eased between November and December 2019. ... More
12/16/2019 | 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 continued to edge higher in November 2019. ... More
11/21/2019 | Posted in Canadian Housing Market Predictions by Michael Antczak
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As the end of 2019 approaches, RBC Economics says the year will go down as “the turning point for Canada’s housing market.” ... More
11/15/2019 | 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 unchanged from September to October 2019. ... More
11/7/2019 | Posted in Canadian Housing Market by Michael Antczak
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The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics. ... More
10/24/2019 | Posted in Canadian Housing Market Predictions by Michael Antczak
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After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2020. ... More
10/2/2019 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Upward adjustments came amid a more relaxed B-20 stress test ... More
9/16/2019 | 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 in August 2019. ... More
9/10/2019 | Posted in Canadian Housing Market by Michael Antczak
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The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown. ... More
8/22/2019 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and property ... More
8/16/2019 | Posted in Canadian Housing Market by Michael Antczak
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Canadian home sales gain as lower rates help offset stress test ... More
8/10/2019 | Posted in Mortgages and Real Estate by Michael Antczak
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The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ... More
7/31/2019 | Posted in Canadian Housing Market by Michael Antczak
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Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, Royal ... More
7/15/2019 | 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 little changed in June 2019 from the previous month. ... More
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