6/24/2020 | Posted in Canadian Housing Market Predictions by Michael Antczak
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Canada Mortgage and Housing Corp. expects a drop in home prices in the country’s biggest cities amid “severe declines” in home sales and construction. ... More
6/17/2020 | Posted in Canadian Housing Market Predictions by Michael Antczak
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But those won't be the only major markets where prices will soften. ... More
6/15/2020 | 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 new listings were up noticeably in May 2020 compared to April, though still ... More
5/27/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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Sales, new construction and prices all expected to decline during pandemic ... More
5/15/2020 | 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 new listings fell by more than half in April 2020 compared to March. ... More
5/8/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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The housing market can expect some recovery towards the end of the year according to Altus Group. ... 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
4/21/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... 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 Canada Living by Michael Antczak
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months. ... 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
4/14/2020 | Posted in Canadian Housing Market Predictions by Michael Antczak
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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More
4/8/2020 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
4/2/2020 | Posted in Canadian Housing Market by Michael Antczak
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More
3/21/2020 | Posted in Canadian Housing Market by Michael Antczak
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
3/19/2020 | Posted in Canadian Economy and Housing Market by Michael Antczak
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic. ... More
3/17/2020 | Posted in Canadian Housing Market by Michael Antczak
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More
3/16/2020 | 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 were up between January and February 2020. ... More
3/9/2020 | Posted in Canadian Housing Market by Michael Antczak
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
3/4/2020 | Posted in Canadian Housing Market by Michael Antczak
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Lower mortgage rates likely to offset any major drag from a global outbreak ... 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
2/13/2020 | Posted in Rental Market by Michael Antczak
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001. ... More
2/5/2020 | Posted in Canadian Housing Market by Michael Antczak
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... 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
1/10/2020 | Posted in Canadian Housing Market by Michael Antczak
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There was a decline in the 6-month moving trend in Canadian housing starts in December. ... More
1/8/2020 | Posted in Mortgages and Real Estate by Michael Antczak
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More
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