Real Estate News, Articles, Reports, Analysys & Trends

7/29/2021 | Posted in Canadian Housing Market by Catherine Methven
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New report highlights how equity in owners’ primary residence has facilitated their investments. ... More

More than 10% of hot-market homeowners own more than one home

7/28/2021 | Posted in GTA Real Estate by Catherine Methven
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New home sales in the Greater Toronto Area in the first six months of 2021 are up 25 per cent over the 10-year average, totalling almost two thirds of all GTA new home sales in ... More

GTA new home sales exceed pre-pandemic levels

7/23/2021 | Posted in Luxury Real Estate by Catherine Methven
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The report highlights a new trend in the market; families pooling their finances to invest in luxury homes. ... More

Canadian families are pooling resources to buy luxury homes

7/26/2021 | Posted in Canadian Economy and Housing Market by Catherine Methven
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Canada's real estate market is such a key economic driver that residential investment recently surpassed business investment in percentage share of the economy. ... More

Residential investment overtakes business in share of Canadian economy: CIBC

7/21/2021 | Posted in Commercial Real Estate by Catherine Methven
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A particular property type continues to be Canada’s most sought-after investment asset class. ... More

Renewed investor confidence fuelling commercial segment's resurgence

7/21/2021 | Posted in Canadian Housing Market by Catherine Methven
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Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price index. ... More

Home prices up 16% in June for largest 12-month gain on record

7/19/2021 | Posted in Commercial Real Estate by Catherine Methven
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A new report suggests Toronto businesses are making plans to call employees back to the office. ... More

Businesses pulling back on sublet space as return to office looms: report

7/20/2021 | Posted in Recreational Properties by Catherine Methven
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Ready for cottage life? Borrowing for a vacation property can differ from the typical home buying process, with more than your creditworthiness under consideration by the lenders. ... More

Buying a cottage or cabin? Be prepared to consider mortgage alternatives

7/15/2021 | Posted in Commercial Real Estate by Catherine Methven
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New report projects improvements for beaten-down commercial segments, with earnings to recover by 2022 ... More

Why Canadian real estate firms are seeing a brighter financial outlook

7/10/2021 | Posted in Toronto Real Estate by Catherine Methven
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The Toronto Regional Real Estate Board (TRREB) says a potential hike to the Municipal Land Transfer Tax (MLTT) will make purchasing a home even more difficult for would be home ... More

Land transfer tax hike will hurt supply says Toronto real estate group

7/14/2021 | Posted in Commercial Real Estate by Catherine Methven
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Major Canadian cities saw office vacancies either rise or hold steady from Q1 to Q2 in 2021, except Montreal where the vacancy rate dropped 10 basis points. ... More

Canada's office market outlook improves, but recovery is slow

7/15/2021 | Posted in Canadian Housing Market by Catherine Methven
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between May and June 2021. ... More

Housing market continues to moderate in June

7/14/2021 | Posted in Mortgage Interest Rates by Catherine Methven
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The Bank of Canada has announced in its July statement that it will hold its target for the overnight rate at the effective lower bound of 0.25%, staying the course on its ... More

Bank of Canada makes latest rate announcement

7/14/2021 | Posted in Canadian Housing Market Predictions by Catherine Methven
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Royal LePage is forecasting that the aggregate price of a home in Canada will increase 16 per cent to $771,500 in the fourth quarter of 2021, compared to the same quarter last ... More

Canadian home price forecast revised upward to 16% as roaring spring market eases into summer

7/9/2021 | Posted in Canadian Housing Market by Catherine Methven
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A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More

BoC on Canadians' home purchase plans in the next 12 months

7/5/2021 | Posted in GTA Real Estate by Catherine Methven
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The GTA new home market continued strong in May, with total sales and condominium apartment sales above the 10-year average, the Building Industry and Land Development Association ... More

GTA new home market strong in May

7/5/2021 | Posted in Canada Living by Catherine Methven
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Canadians are entering the second half of the year more confident about their economic prospects than they’ve ever been. ... More

Consumer confidence in Canada hits record on vaccine reopenings

7/5/2021 | Posted in Real Estate News by Catherine Methven
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Canada Mortgage and Housing Corp. is easing its underwriting criteria for mortgage loan insurance after changes it made last year were not effective and caused it to lose market ... More

CMHC changes underwriting practices on mortgage loan insurance

7/6/2021 | Posted in GTA Real Estate by Catherine Methven
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June home sales were up compared to last year, but remained below the March 2021 peak and were lower than the number of transactions reported for May 2021, consistent with the ... More

TRREB Updates Its Sales Forecast and Average List Price Upwards

7/5/2021 | Posted in Toronto Real Estate by Catherine Methven
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Torontonians are deciding to stay where they are and enjoy the urban lifestyle. ... More

The non-existent exodus from Toronto

6/27/2021 | Posted in Mortgages and Real Estate by Catherine Methven
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Low mortgage rates are allowing borrowers to pay off their mortgages faster than ever. ... More

Low Rates Helping Borrowers Pay Off Mortgages at Record Pace

7/4/2021 | Posted in Toronto Real Estate by Catherine Methven
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It looks like a vacant home tax it's going to be coming into effect in Toronto sooner than investors might be ready for. ... More

It looks like a vacant home tax is coming to Toronto sooner rather than later

7/1/2021 | Posted in Canada Living by Catherine Methven
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Wishing you and your family a very Happy Canada Day ... More

Happy Canada Day!

6/30/2021 | Posted in Financial Health by Catherine Methven
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One of the greatest bull markets in Canadian real estate history has resulted in Canadians amassing record mortgage debt. ... More

Household Debt at a Record-High, With Carrying Costs Set to Rise

6/30/2021 | Posted in Canada Living by Catherine Methven
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Millions of boomers are expected to wade into the market over the next five years ... More

3.2 million boomers in Canada considering buying a home within the next five years

6/28/2021 | Posted in Canada Living by Catherine Methven
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A look at why the hot housing market is out of reach for young Canadians ... More

Millennials vs. baby boomers: Why the cost of living has skyrocketed for young Canadians

6/23/2021 | Posted in Canadian Housing Market by Catherine Methven
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Market observers are pointing to alarming trends that are stoking fears of Canada’s housing market entering a bubble in the near future. ... More

Is Canada headed for a post-pandemic housing bubble?

6/22/2021 | Posted in Canadian Housing Market by Catherine Methven
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The country plans to welcome more than 1.2 million newcomers over a three-year period starting in 2021. ... More

RBC economist says immigration to serve as

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