Real Estate News, Articles, Reports, Analysys & Trends

10/22/2020 | Posted in Commercial Real Estate by Paul Solomons
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Expect strong industrial demand through second wave of pandemic with continued challenges for the office sector.

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National office and industrial market update - Q3 2020

10/21/2020 | Posted in Canadian Economy by Paul Solomons
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Recently polled economists say the bank must be more proactive in guiding the Canadian financial system.

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Current BoC measures not enough to counter recession

10/16/2020 | Posted in Home Buyers by Paul Solomons
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Are you considering buying a pre-construction home or condo? Tarion compiled a few tips to help buyers navigate the new home buying process.

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Tips On Buying A Pre-Construction Home In Ontario

10/15/2020 | Posted in Canadian Housing Market by Paul Solomons
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another record in September 2020.

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Canadian home sales and prices set records again in September

10/16/2020 | Posted in Commercial Real Estate by Paul Solomons
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Market conditions are now similar to what they were during the Great Financial Crisis, Colliers said in its new report.

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Occupancy levels plummet in GTA office sector

10/14/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Despite second wave worries, the median price of a home in Canada forecast to finish year 7.0% higher than year-end 2019

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Pandemic-shift: spike in savings diverted into housing driving national median home prices up 8.6%

10/13/2020 | Posted in Mortgage Interest Rates by Paul Solomons
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However, the central bank's policies might leave the Canadian financial system more vulnerable in the long run.

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Negative rates down the line are possible: BoC

10/13/2020 | Posted in Mortgages and Real Estate by Paul Solomons
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Approximately 11% of Canadian borrowers have not returned to a regular payment schedule.

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One in five deferred mortgages likely to go into default: RBC

10/8/2020 | Posted in Mortgages and Real Estate by Paul Solomons
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As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth.

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Pace of Canadian mortgage credit growth is slowing

10/7/2020 | Posted in Condo Market by Paul Solomons
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Toronto’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings.

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Condo listings surge 215% in signal of downtown Toronto weakness

10/6/2020 | Posted in GTA Real Estate by Paul Solomons
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Toronto Regional Real Estate Board President Lisa Patel announced that sales reported through TRREB’s MLS® System by Greater Toronto Area REALTORS® amounted to ... More

TRREB Releases September Resale Housing Report

10/4/2020 | Posted in Toronto Real Estate by Paul Solomons
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A Swiss bank has concluded that Toronto's housing market is in bubble territory, as homes in the city are more overpriced based on local rents and incomes than in places ... More

Swiss bank UBS says Toronto has 3rd biggest housing bubble in the world

10/3/2020 | Posted in Canadian Housing Market by Paul Solomons
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The strength of the Canadian real estate market has proven itself time and again during the pandemic

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Why all the fear mongering by the CMHC over Canadian home prices?

9/28/2020 | Posted in Home Buyers by Paul Solomons
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In light of the past six months of COVID-19-triggered uncertainty, home sales in Canada have been shockingly brisk as a combination of FOMO and low interest rates keep drawing ... More

Why some Canadians have only 5-7 months before their home buying window closes

10/3/2020 | Posted in Ontario Real Estate by Paul Solomons
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Toronto millennials leaving their downtown condos in search of more space and greater affordability have had a significant impact in Southern Ontario markets like Hamilton, ... More

Young Torontonians seeking affordability elsewhere in Southern Ontario

10/3/2020 | Posted in Commercial Real Estate by Paul Solomons
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The rise in office vacancy levels nationwide is showing no signs of stopping amid a second wave of COVID-19 infections, according to CBRE Canada.

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Empty offices an increasingly prominent feature of urban markets

10/1/2020 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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A growing number of industries are now moving closer to their pre-pandemic output levels, as Canada’s gross domestic product increased by 3% monthly in July, according to ... More

Canadian economy growing at steady, if dwindling, pace

9/25/2020 | Posted in Mortgages and Real Estate by Paul Solomons
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The largest share of new mortgages in Canada is still with the big banks, according to the Canada Mortgage and Housing Corporation.

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Most new mortgages still come from the Big Six

10/3/2020 | Posted in GTA Real Estate by Paul Solomons
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There is an alarming trend that is quite rampant in the Toronto area, and it’s causing havoc on real estate transactions. Perhaps other cities in Canada are experiencing ... More

A disturbing trend: Buyers fail to deliver deposit cheques

9/24/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Average single family detached house prices will fall by 6.7 per cent next year as the recovery stalls, economic stimulus fades and debt problems increase, Moody’s ... More

Home prices to drop, new report predicts - and even Toronto and Vancouver won't be immune

9/24/2020 | Posted in Canadian Housing Market by Paul Solomons
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Supply/demand struggles and higher building costs are adding pressure to the market.

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StatsCan: Home prices had strongest monthly growth in three years

9/22/2020 | Posted in New Developments by Paul Solomons
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Shortages for lumber and other building materials are driving up construction costs this year.

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Prices of new homes in Canada jump the most in three years as lumber costs rise

9/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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The latest analysis from Canada Mortgage and Housing Corporation (CMHC) indicates that weakening housing market fundamentals and an increase in average overvaluation estimates ... More

Canada's housing market remains at moderate degree of vulnerability

9/18/2020 | Posted in Mortgages and Real Estate by Paul Solomons
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A "vast majority" of borrowers who took on payment deferrals will be able to fulfill their balances before year-end.

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Major banks anticipating resumption of most mortgage payments

9/18/2020 | Posted in Home Buyers by Paul Solomons
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Record-low interest rates appear to be a major factor.

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Millennials hopeful about buying homes despite COVID-19

9/18/2020 | Posted in Ontario Real Estate by Paul Solomons
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The Ontario government introduced its proposed rent freeze legislation for 2021 in the provincial legislature on Thursday.

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Ford government introduces rent freeze legislation for 2021

9/16/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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The next six months will be more difficult economically than the past quarter, but the Canadian housing market is expected to continue its V-shaped recovery.

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Tal forecasts stable housing sector, slower rental market

9/15/2020 | Posted in Canadian Housing Market by Paul Solomons
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings continued to climb in August 2020.

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August 2020 another record-setting month for many Canadian housing markets

9/15/2020 | Posted in Financial Health by Paul Solomons
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But more challenging times could be on their way.

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StatCan: Household debt service ratio sees record decline
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