Real Estate News, Articles, Reports, Analysys & Trends

11/19/2021 | Posted in Commercial Real Estate by Paul Solomons
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A smart industrial hub extending beyond the Greater Toronto Area (GTA) into much of Southern Ontario isn’t just changing the way business is being done, but also the ... More

Next-generation buildings create S. Ontario smart industrial hub

11/25/2021 | Posted in Canadian Housing Market by Paul Solomons
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With real estate prices continuing to rise in Canada, having a financial leg up from the Bank of Mom and Dad is a significant advantage in today’s market.

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Rich Canadian parents are giving their kids $145k to buy homes

11/25/2021 | Posted in Canadian Housing Market by Paul Solomons
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Canadian housing prices are set to surge again in the coming months as investors and first-time buyers scramble to buy before interest rates go up, ignoring a warning from the ... More

Up, up, up: Canada house prices poised to surge again despite central bank warning

11/24/2021 | Posted in Canadian Housing Market by Paul Solomons
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The Bank of Canada is warning a rush of investors into the country’s housing market this year has fueled prices and heightened the risk of a correction.

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Bank of Canada says investor rush into housing risks correction

11/22/2021 | Posted in Home Buyers by Paul Solomons
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Canada’s red-hot housing markets could cool down in the second half of next year, according to a prominent Bay Street economist, as many buyers rush to buy now before the ... More

'No question' homebuyers racing to beat rate hikes: CIBC's Tal

11/19/2021 | Posted in Mortgage Interest Rates by Paul Solomons
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Financial markets may be pricing in the first interest rate hikes as early as March, but they shouldn’t be too confident about that timing.

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The Latest in Mortgage News: BoC Deputy Governor Says Rate Hikes Could Come Later Than Expected

11/18/2021 | Posted in Commercial Real Estate by Paul Solomons
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The market is benefiting from greater confidence in its long-term prospects

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GTA commercial market remains a robust investor haven

11/16/2021 | Posted in Mortgage Interest Rates by Paul Solomons
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Governor says team remains focused on inflation target as risks around price pressures increase

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BoC 'getting closer' to raising rates, says Macklem

11/15/2021 | 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 have already set a new annual record in 2021.

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2021 already a record year for Canadian home sales

11/12/2021 | Posted in Rental Market by Paul Solomons
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As the work-from-home trend continues more people could be moving just outside of Toronto.

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Ontario city sees huge increase in rent prices after Toronto exodus

11/12/2021 | Posted in Mortgages and Real Estate by Paul Solomons
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Reverse mortgages are gaining traction as more Canadians want to stay in their homes during retirement.

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Why reverse mortgages are something to consider, not fear

11/9/2021 | Posted in Commercial Real Estate by Paul Solomons
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Hamilton had a record-breaking $434.42 million in commercial real estate transactions in the third quarter and is on pace for a record year.

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Investment in Hamilton CRE on record pace in 2021

11/11/2021 | Posted in Commercial Real Estate by Paul Solomons
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The tech industry has been responsible for a large chunk of office leasing during the pandemic and Toronto leads the way in North America for tech job growth, according to ... More

Tech growth drives office leasing in Canadian cities: CBRE

11/9/2021 | Posted in Home Buyers by Paul Solomons
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When it comes to Ontario homeowners, a mere 11.4% of young adults across the province own their own homes.

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Just 11.4% of young adults in Ontario are homeowners

11/8/2021 | Posted in Mortgage Interest Rates by Paul Solomons
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Existing home owners could face sensitivity to rising rates, with about $350 billion worth of mortgages set for repricing in the next year

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Surging bond yields point to rising mortgage rates ahead, industry watchers say

11/5/2021 | Posted in Home Buyers by Paul Solomons
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For many people, building their own homes is a solution to help them get exactly what they want.

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How much does new home construction cost in Canada?

11/2/2021 | Posted in Mortgage Interest Rates by Paul Solomons
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The Bank of Canada will likely raise its benchmark interest rate four times by 2024.

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Scotiabank economist predicts eight rate hikes in next two years

11/2/2021 | Posted in New Developments by Paul Solomons
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It's only getting more expensive to buy a home in the Greater Toronto Area

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Out of control Greater Toronto Area home prices just broke yet another record

11/3/2021 | Posted in GTA Real Estate by Paul Solomons
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Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for the month of October.

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Near Record Home Sales, Low Inventory Sustain Strong Price Growth

10/30/2021 | Posted in Rental Market by Paul Solomons
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Here is the latest on the Greater Toronto Area Rental Apartment Market

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Toronto GTA October Rent Report 2021

11/2/2021 | Posted in Mortgages and Real Estate by Paul Solomons
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The Bank of Canada struck a positive tone on Canada’s economic recovery from the COVID-19 pandemic in its most recent interest rate announcement, with Governor Tiff ... More

What the Bank of Canada statement means for interest rates

11/2/2021 | Posted in Mortgage Interest Rates by Paul Solomons
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A prominent Bay Street economist said homebuyers should start preparing sooner rather than later.

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CIBC's Tal to homebuyers: Start preparing for rising rates

11/1/2021 | Posted in New Developments by Paul Solomons
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Urbanation reports that new condo apartment sales in the Greater Toronto Area increased 22 per cent from Q3-2020 to Q3-2021, from 6,386 units to a total of 7,773 units

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GTA new condo sales reach record high for Q3

10/29/2021 | Posted in Home Buyers by Paul Solomons
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A proposed Home Buyers’ Bill of Rights would address a notable trend that’s emerged in a red-hot market

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How the government hopes to change the purchasing process

10/27/2021 | Posted in Interest Rates by Paul Solomons
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The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent.

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Bank of Canada reveals latest interest-rate call

10/27/2021 | Posted in Canadian Housing Market by Paul Solomons
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Most markets in Canada have seen the rate of property price growth slow down month-over-month, inspiring hope that markets may soon return into more neutral territory

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Canadian Real Estate Markets See Price Growth Slowing

10/25/2021 | Posted in Home Buyers by Paul Solomons
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Roughly 30 per cent of first-time homebuyers and nearly nine per cent of existing homeowners received financial help from family this past year to purchase a house.

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Parents gifting kids record $82K average to buy first home: CIBC report

10/25/2021 | Posted in Toronto Real Estate by Paul Solomons
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The time to rent an apartment for a bargain price in Canada's biggest metropolis has indeed come and gone, with prices continuing to climb quarter-over-quarter this year ... More

Toronto rents keep on rising while the supply of available apartments tightens

10/22/2021 | Posted in Mortgage Interest Rates by Paul Solomons
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Global bond yield rates are up this month, and Canada is not missing out on the action.

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Mortgage rates back up as GOC bond yields rise
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