2/27/2024 | Posted in Home Buyers by Heather Ann Lemieux
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One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability crunch. ... More

Real Estate & Mortgage News

  2/7/2024 | Posted in Real Estate Market by Heather Ann Lemieux
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Monetary policy can’t do everything, central bank governor Tiff Macklem says ... More

Real Estate & Mortgage News

  2/6/2024 | Posted in Canada Living by Heather Ann Lemieux
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A new report published today reveals that the burden on buyers from provincial governments’ billions of dollars in levies and development fees on new construction, and ... More

Real Estate & Mortgage News

  2/4/2024 | Posted in Foreign Buyers by Heather Ann Lemieux
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The federal government today announced a two-year extension to its foreign buyer ban in what it says is an effort to make housing more affordable for Canadians. ... More

Real Estate & Mortgage News

  1/22/2024 | Posted in Canada Living by Heather Ann Lemieux
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More

Real Estate & Mortgage News

  9/29/2023 | Posted in Canada Living by Heather Ann Lemieux
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to RBC. ... More

Real Estate & Mortgage News

  9/5/2023 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Housing affordability in Toronto would remain strained even in the event of a deep economic recession, a new Desjardins analysis has found, highlighting the challenge ahead in ... More

Real Estate & Mortgage News

  8/28/2023 | Posted in Canadian Housing Market by Heather Ann Lemieux
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst. ... More

Real Estate & Mortgage News

  6/3/2023 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More

Real Estate & Mortgage News

  1/8/2020 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More

Real Estate & Mortgage News

  6/28/2019 | Posted in Canadian Housing Market by Heather Ann Lemieux
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Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More

Real Estate & Mortgage News

  6/11/2019 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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Canada’s top federal banking regulator says a stress-test for uninsured mortgages is “working,” but that it is still keeping an eye on lending practices. ... More

Real Estate & Mortgage News

  6/6/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Due to strong economic fundamentals Toronto’s housing market remains expensive. That’s one reason why this year’s list is dominated by neighbourhoods once ... More

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  6/4/2019 | Posted in Canadian Housing Market Predictions by Heather Ann Lemieux
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 What The Next 5 Years Will Look Like In 33 Canadian Cities ... More

Real Estate & Mortgage News

  5/17/2019 | Posted in Home Buyers by Heather Ann Lemieux
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The Conservative Party leader says he's "absolutely committed" to reviewing the rule. ... More

Real Estate & Mortgage News

  5/1/2019 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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The Canadian government should consider being flexible on its new mortgage lending rules because the impact has been longer-lasting and more significant than expected, ... More

Real Estate & Mortgage News

  4/22/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Toronto’s construction industry may have just averted a calamity. ... More

Real Estate & Mortgage News

  3/22/2019 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Toronto’s housing market has become a target for money laundering according to a new study. ... More

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  3/22/2019 | Posted in First Time Home Buyers by Heather Ann Lemieux
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The First-Time Home Buyer Incentive actually reduces affordability. ... More

Real Estate & Mortgage News

  3/3/2019 | Posted in Canadian Housing Market by Heather Ann Lemieux
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data. ... More

Real Estate & Mortgage News

  10/5/2018 | Posted in Canadian Housing Market by Heather Ann Lemieux
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A rise in interest rates (and more to come) is putting the squeeze on housing affordability. ... More

Real Estate & Mortgage News

  10/2/2018 | Posted in GTA Real Estate by Heather Ann Lemieux
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Ryerson City Building Institute report finds that low-rises and townhouses could help tamper the GTHA’s affordability crisis, using Mississauga as a case study. ... More

Real Estate & Mortgage News

  9/29/2018 | Posted in Real Estate Market by Heather Ann Lemieux
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9 years salary to buy a house in Vancouver, more than 6 in Toronto. ... More

Real Estate & Mortgage News

  9/28/2018 | Posted in Canadian Housing Market by Heather Ann Lemieux
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A new RBC report says Canada's housing affordability has reached its worst level in 28 years and is bound to deteriorate even further. ... More

Real Estate & Mortgage News

  9/13/2018 | Posted in Home Buyers by Heather Ann Lemieux
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Rising rents is making homeownership the affordable alternative according to a new report. ... More

Real Estate & Mortgage News

  8/10/2018 | Posted in Ontario Real Estate by Heather Ann Lemieux
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Unaffordability isn’t expected to abate in the Greater Toronto Area any time soon, but as more and more people are discovering, there are cheaper places to live slightly ... More

Real Estate & Mortgage News

  7/30/2018 | Posted in Toronto Real Estate by Heather Ann Lemieux
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Haider-Moranis Bulletin: For Canadian homebuyers, the only numbers that matter are local. ... More

Real Estate & Mortgage News

  7/12/2018 | Posted in Canadian Economy and Housing Market by Heather Ann Lemieux
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With debt levels disconcertingly high, there could be ramifications to yesterday’s interest rate hike. ... More

Real Estate & Mortgage News

  7/12/2018 | Posted in Mortgages and Real Estate by Heather Ann Lemieux
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As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. ... More

Real Estate & Mortgage News
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