7/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market ... More

Real Estate & Mortgage News

  7/15/2020 | Posted in Canadian Housing Market by Paul Solomons
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Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020.

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  7/14/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More

Real Estate & Mortgage News

  6/24/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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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.

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  6/17/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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But those won't be the only major markets where prices will soften.

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Real Estate & Mortgage News

  6/15/2020 | 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 were up noticeably in May 2020 compared to April, though ... More

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  5/27/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Sales, new construction and prices all expected to decline during pandemic

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Real Estate & Mortgage News

  5/15/2020 | 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 fell by more than half in April 2020 compared to March.

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Real Estate & Mortgage News

  5/8/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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The housing market can expect some recovery towards the end of the year according to Altus Group.

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Real Estate & Mortgage News

  5/2/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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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 ... More

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Paul Solomons
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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.

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Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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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

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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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 ... More

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  4/16/2020 | Posted in Canadian Housing Market by Paul Solomons
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The outlook on the Canadian housing market: RBC

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Real Estate & Mortgage News

  4/15/2020 | Posted in Canada Living by Paul Solomons
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months.

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Real Estate & Mortgage News

  4/15/2020 | 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 listings were down sharply between February and March 2020.

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Real Estate & Mortgage News

  4/14/2020 | Posted in Canadian Housing Market Predictions by Paul Solomons
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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 ... More

Real Estate & Mortgage News

  4/8/2020 | Posted in Canadian Housing Market by Paul Solomons
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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).

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Real Estate & Mortgage News

  4/2/2020 | Posted in Canadian Housing Market by Paul Solomons
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home.

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Real Estate & Mortgage News

  3/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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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

Real Estate & Mortgage News

  3/19/2020 | Posted in Canadian Economy and Housing Market by Paul Solomons
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.

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Real Estate & Mortgage News

  3/17/2020 | Posted in Canadian Housing Market by Paul Solomons
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RBC senior economist Robert Hogue gives his latest housing market assessment

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Real Estate & Mortgage News

  3/16/2020 | 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 were up between January and February 2020.

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Real Estate & Mortgage News

  3/9/2020 | Posted in Canadian Housing Market by Paul Solomons
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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).

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Real Estate & Mortgage News

  3/4/2020 | Posted in Canadian Housing Market by Paul Solomons
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Lower mortgage rates likely to offset any major drag from a global outbreak

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Real Estate & Mortgage News

  2/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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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 ... More

Real Estate & Mortgage News

  2/19/2020 | Posted in Canadian Housing Market by Paul Solomons
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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.

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Real Estate & Mortgage News

  2/15/2020 | 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 declined between December 2019 and January 2020.

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Real Estate & Mortgage News

  2/13/2020 | Posted in Rental Market by Paul Solomons
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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.

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Real Estate & Mortgage News

  2/5/2020 | Posted in Canadian Housing Market by Paul Solomons
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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.

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