11/16/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More

Real Estate & Mortgage News

  11/15/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More

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  10/20/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More

Real Estate & Mortgage News

  10/14/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More

Real Estate & Mortgage News

  10/11/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year. ... More

Real Estate & Mortgage News

  10/7/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, according ... More

Real Estate & Mortgage News

  9/30/2022 | Posted in Canadian Housing Market Predictions by Heather Ann Lemieux
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Canada’s national housing agency plans to revamp its forecasts to call for a drop of as much as 15% in home prices, as higher mortgage rates threaten to cause a protracted ... More

Real Estate & Mortgage News

  9/20/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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

Real Estate & Mortgage News

  9/15/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More

Real Estate & Mortgage News

  8/25/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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 Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More

Real Estate & Mortgage News

  7/18/2022 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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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 Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More

Real Estate & Mortgage News

  6/28/2022 | Posted in Interest Rates by Heather Ann Lemieux
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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

Real Estate & Mortgage News

  6/15/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Real Estate & Mortgage News

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

Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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

  5/17/2022 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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 Heather Ann Lemieux
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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

  5/2/2020 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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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

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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. ... More

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  4/21/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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

  4/16/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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The outlook on the Canadian housing market: RBC ... More

Real Estate & Mortgage News

  4/15/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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. ... More

Real Estate & Mortgage News

  2/21/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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 low ... More

Real Estate & Mortgage News

  2/19/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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. ... More

Real Estate & Mortgage News

  2/15/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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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. ... More

Real Estate & Mortgage News

  1/15/2020 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. ... More

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