1/15/2019 | 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 posted a fourth-straight monthly decline in December 2018. ... More
1/15/2019 | Posted in Canadian Housing Market by Michael Antczak
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Teranet-National Bank index down 0.3% in December. ... More
1/14/2019 | Posted in Canadian Housing Market by Michael Antczak
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Canada’s home prices increased 4% year-over-year in the fourth quarter of 2018, a sign of the market recovering from “the most significant housing correction” ... More
1/9/2019 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 206,981 units inDecember 2018, compared to 212,338 units in November 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More
1/5/2019 | Posted in Canadian Economy and Interest Rates by Michael Antczak
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Ahead of the Bank of Canada’s first policy meeting of the year, scheduled for next week, Capital Economics is back at it again. ... More
1/2/2019 | Posted in Canadian Economy and Housing Market by Michael Antczak
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go down. ... More
12/28/2018 | Posted in Canadian Housing Market Predictions by Michael Antczak
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If you’re looking to rent in Toronto, 2019 is poised to be a challenging year. ... More
12/18/2018 | Posted in Canadian Economy and Housing Market by Michael Antczak
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The slowdown in Canada’s housing market is likely to weigh on the economy according to a new report from CIBC Economics. ... More
12/17/2018 | 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 posted another monthly decline in November 2018. ... More
12/13/2018 | Posted in Canadian Housing Market by Michael Antczak
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The Teranet-National Bank Composite National House Price Index fell 0.3 percent last month, following a 0.4 percent drop in October. ... More
12/12/2018 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 210,038 units in November 2018, compared to 206,460 units in October 2018, according to Canada Mortgage and Housing Corporation (CMHC). ... More
12/2/2018 | Posted in Canadian Housing Market by Michael Antczak
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CPA report says this is not a 2008 reboot. ... More
11/25/2018 | Posted in Mortgages and Real Estate by Michael Antczak
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The main reason that 15% of Canadian homeowners refinanced their homes was to consolidate debt. ... More
11/15/2018 | 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 by 1.6% between September and October 2018. ... More
11/13/2018 | Posted in New Developments by Michael Antczak
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The increase came as the annual pace of urban starts climbed by 8.6 per cent in October to 191,964 units. ... More
11/7/2018 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Income, employment support demand for housing, but they're expected to slow, agency says. Rising mortgage rates are also expected to affect housing demand and the resale ... More
10/31/2018 | Posted in Rental Market by Michael Antczak
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In a keynote speech delivered at the National Mortgage Conference in Montreal this week, Benjamin Tal warned that instituting rent control could spell disaster. ... More
10/15/2018 | Posted in Canadian Housing Market by Michael Antczak
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Canadian home sales weakened by 0.4% in September compared to the previous month. ... More
10/2/2018 | Posted in Canadian Economy and Housing Market by Michael Antczak
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Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More
10/1/2018 | Posted in Mortgages and Real Estate by Michael Antczak
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The Conservative Party of Canada plans to make the mortgage stress test a hot button issue in time for next year’s election, but explaining such a convoluted issue to ... More
9/28/2018 | Posted in Canadian Housing Market by Michael Antczak
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A new RBC report says Canada's housing affordability has reached its worst level in 28 years and is bound to deteriorate even further. ... More
9/17/2018 | Posted in Canadian Housing Market by Michael Antczak
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Statistics released today by The Canadian Real Estate Association (CREA) show a small increase in national home sales between July and August 2018. ... More
9/13/2018 | Posted in Home Buyers by Michael Antczak
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Rising rents is making homeownership the affordable alternative according to a new report. ... More
9/6/2018 | Posted in Canadian Economy and Housing Market by Michael Antczak
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Moody's revises its outlook for the Canadian banking system to stable from negative, as the ratings company now sees the Canadian government less likely to ... More
8/15/2018 | 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 from June to July 2018. ... More
8/15/2018 | Posted in Mortgages and Real Estate by Michael Antczak
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There was a slight decline in the volume of new mortgage loans in 2017 according to an analysis of consumer credit data from CMHC. ... More
8/13/2018 | Posted in Canadian Housing Market by Michael Antczak
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Canada is experiencing an acceleration in population growth, and that's boosting the housing market, according to a new study from Bank of Montreal. ... More
7/20/2018 | Posted in Home Buyers by Michael Antczak
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With detached family homes few and far between in Canada's major housing markets, these trends may leave new homebuyers in a lurch. ... More
7/16/2018 | 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 from May to June 2018. ... More
7/12/2018 | Posted in Mortgages and Real Estate by Michael Antczak
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As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. ... More
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