5/18/2021 | Posted in Canadian Housing Market by Michael Antczak
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Canadian home sales fell from a record in April as a resurgence of COVID-19 cases and lockdown measures slowed the country’s red hot housing market. ... More

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  5/17/2021 | 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 from March to April 2021. ... More

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  5/12/2021 | Posted in Home Buyers by Michael Antczak
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Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

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  5/8/2021 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity to ... More

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  5/5/2021 | Posted in Canadian Housing Market by Michael Antczak
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Housing affordability in Canada has declined the most in two years ... More

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  5/1/2021 | Posted in Canadian Housing Market by Michael Antczak
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TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year. ... More

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  4/24/2021 | Posted in Canadian Housing Market by Michael Antczak
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Louis Vachon says further analysis needed to understand if housing market trends are permanent ... More

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  4/23/2021 | Posted in Canadian Economy and Housing Market by Michael Antczak
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Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps governments ... More

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  4/20/2021 | Posted in First Time Home Buyers by Michael Antczak
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The ongoing surge in home prices across the country is discouraging a large number of young non-homeowners, many of whom say they’re giving up on the dream of homeownership ... More

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  4/19/2021 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021, according to Canada Mortgage and Housing Corporation (CMHC). ... More

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  4/16/2021 | Posted in Canadian Housing Market by Michael Antczak
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In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... More

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  4/16/2021 | Posted in Canadian Housing Market by Michael Antczak
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The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash in. ... More

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  4/15/2021 | 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 set another all-time record in March 2021 as increased supply became available. ... More

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  4/15/2021 | Posted in Rental Market by Michael Antczak
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Canadian policy makers need to take steps to increase housing supply, particularly rental stock, according to the chief executive officer of Canadian Imperial Bank of Commerce. ... More

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  4/13/2021 | Posted in First Time Home Buyers by Michael Antczak
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Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... More

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  4/13/2021 | Posted in Canadian Housing Market Predictions by Michael Antczak
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The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More

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  4/8/2021 | Posted in Home Buyers by Michael Antczak
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One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

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  4/5/2021 | Posted in Canadian Housing Market by Michael Antczak
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Feds face pressure over hot housing market ahead of 2021 budget ... More

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  4/1/2021 | Posted in Canadian Housing Market by Michael Antczak
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There are calls on policy-makers to take action to prevent a potential housing bubble due to prices going 'parabolic'. ... More

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  3/31/2021 | Posted in Canadian Housing Market by Michael Antczak
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The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More

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  3/30/2021 | Posted in Luxury Real Estate by Michael Antczak
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Sales of homes valued at $4 million or more in the Greater Toronto Area saw a 157 per cent jump in activity. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Michael Antczak
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BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More

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  3/30/2021 | Posted in Canadian Housing Market by Michael Antczak
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Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory ... More

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  3/25/2021 | Posted in Canadian Housing Market by Michael Antczak
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Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

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  3/25/2021 | Posted in Canadian Housing Market by Michael Antczak
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The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More

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  3/23/2021 | Posted in Canadian Housing Market by Michael Antczak
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The aggregate price of a house in Canada's recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace ... More

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  3/18/2021 | Posted in Canadian Housing Market by Michael Antczak
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Our national real estate market is now in full-on boiling mode, according to a major Canadian bank. ... More

Real Estate & Mortgage News

  3/18/2021 | Posted in Canadian Housing Market by Michael Antczak
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While home prices continued to increase between November and January, their rate of growth was declining on a monthly basis. That changed in February as monthly home price ... More

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  3/16/2021 | Posted in Mortgages and Real Estate by Michael Antczak
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If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action ... More

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  3/15/2021 | Posted in Canadian Housing Market Predictions by Michael Antczak
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The national average home price is forecast to rise by 16.5 per cent to just over $665,000 in 2021. The Canadian Real Estate Association said its outlook suggests home sales will ... More

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