9/20/2022 | Posted in Canadian Housing Market by Catherine Methven
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More

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  9/15/2022 | 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 slowed slightly in August 2022. ... More

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  8/25/2022 | Posted in Canadian Housing Market by Catherine Methven
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More

Real Estate & Mortgage News

  8/15/2022 | 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 slowed further in July 2022. ... More

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  8/12/2022 | Posted in First Time Home Buyers by Catherine Methven
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Details of a new account to help Canadians save to buy their first home have been revealed this week. ... More

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  7/18/2022 | Posted in Mortgages and Real Estate by Catherine Methven
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More

Real Estate & Mortgage News

  7/15/2022 | 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 in June 2022. ... More

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  7/12/2022 | Posted in Canadian Housing Market Predictions by Catherine Methven
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CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More

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  6/30/2022 | Posted in Canada Living by Catherine Methven
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This trend could spur further growth in the Canadian housing market ... More

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  6/28/2022 | Posted in Interest Rates by Catherine Methven
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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

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  6/24/2022 | Posted in Canada Living by Catherine Methven
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Majority of supply gap found in Ontario and British Columbia, agency says ... More

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  6/22/2022 | Posted in Rental Market by Catherine Methven
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The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday. ... More

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  6/16/2022 | Posted in Canadian Housing Market by Catherine Methven
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

Real Estate & Mortgage News

  6/16/2022 | Posted in Canadian Housing Market by Catherine Methven
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

Real Estate & Mortgage News

  6/15/2022 | 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 in May 2022. ... More

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  6/14/2022 | Posted in Canadian Economy and Interest Rates by Catherine Methven
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The likely deceleration of the housing market would be a welcome effect, Macklem says ... More

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  6/13/2022 | Posted in Canadian Housing Market by Catherine Methven
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Catherine Methven
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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

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Catherine Methven
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Central bank's outsized rate increases having a big impact, according to RBC. ... More

Real Estate & Mortgage News

  6/1/2022 | Posted in Mortgage Interest Rates by Catherine Methven
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The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year – ... More

Real Estate & Mortgage News

  5/31/2022 | Posted in Mortgage Interest Rates by Catherine Methven
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The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

Real Estate & Mortgage News

  5/30/2022 | Posted in First Time Home Buyers by Catherine Methven
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Now that home prices have started to fall from their February peak, the federal government is reportedly planning to introduce limits on its First-Time Home Buyer Incentive ... More

Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Catherine Methven
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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

Real Estate & Mortgage News

  5/19/2022 | Posted in Canadian Housing Market by Catherine Methven
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Catherine Methven
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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

Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Catherine Methven
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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

Real Estate & Mortgage News

  4/26/2022 | Posted in Real Estate News by Catherine Methven
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list ... More

Real Estate & Mortgage News

  4/25/2022 | Posted in Interest Rates by Catherine Methven
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%. ... More

Real Estate & Mortgage News

  5/2/2020 | Posted in Canadian Economy and Housing Market by Catherine Methven
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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

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