home prices News and Articles | My Blog
Home prices could hit peak levels by next year, set new highs in 2026: CMHC report
4/5/2024 | Posted in Canadian Housing Market by Paul DeAdder
The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.
... MoreNew report examines how rising interest rates have impacted home prices in Canada
8/6/2023 | Posted in Mortgages and Real Estate by Paul DeAdder
With the Bank of Canada’s interest rate hikes aimed at fighting inflation, the housing market in Canada experienced a slight drop in prices, according to a new report ... More
Home prices could fall 5% amid pandemic
4/21/2020 | Posted in Canadian Housing Market by Paul DeAdder
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
Canadian home prices accelerated in 2019 says Statistics Canada
1/30/2020 | Posted in Canadian Housing Market by Paul DeAdder
Quarterly price trend report shows most major markets posted gains.
... MoreSoaring House Prices Could Return As Interest Rates Head To Zero: BMO
8/10/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes.
... MoreScrapping Mortgage Rules Would Boost Canadian Home Prices, TD Says
5/1/2019 | Posted in Mortgages and Real Estate by Paul DeAdder
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
Why house prices are unlikely to rise any time soon
4/11/2019 | Posted in Canadian Housing Market by Paul DeAdder
While this season usually brings a wave of interested buyers, economists wonder if we’ll see a spring thaw in the market this year.
... MoreLuxury home prices "relatively resilient" despite lower sales in GTA and Greater Vancouver
5/14/2018 | Posted in Luxury Real Estate by Paul DeAdder
Luxury home prices across Canada have remained “relatively resilient” this year so far despite lower sales in the Greater Toronto Area (GTA) and Greater Vancouver, ... More
Canada's new home prices stall for first time since 2015
2/8/2018 | Posted in Real Estate Market by Paul DeAdder
New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules ... More
No new regulations, drastic home price increases in 2018
1/4/2018 | Posted in Mortgages and Real Estate by Paul DeAdder
By all indications, 2017 has proven to be a tumultuous period in the mortgage and real estate spheres, but a markets observer argued that this year will offer a measure of ... More
Among Canada's housing markets, Toronto remains the most 'puzzling'
10/10/2017 | Posted in Real Estate Market by Paul DeAdder
Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More
GTA sellers face a refresher course in economics
8/25/2017 | Posted in GTA Real Estate by Paul DeAdder
The basic lesson: A property is worth what a buyer is willing to pay
... More8/22/2017 | Posted in Mortgages and Real Estate by Paul DeAdder
Canadians have qualified for much larger mortgages over the past two decades due to record-low interest rates, and that has impacted affordability according to the Fraser ... More
The Facts Behind Toronto's Most Recent Real-Estate Frenzy
7/6/2017 | Posted in Toronto Real Estate by Paul DeAdder
New statistics released by the Toronto Real Estate Board once again confirm everyone didn't just wake up to a shortage of land overnight.
... MoreRealtors' internal numbers show Toronto home prices fell more than 6% in two weeks
6/21/2017 | Posted in GTA Real Estate by Paul DeAdder
Internal mid-month statistics for June from the Toronto Real Estate Board show average prices in the Greater Toronto Area shed almost 6.4 per cent in just two weeks with sales ... More
Home Prices Up a Record 2.2% in May
6/14/2017 | Posted in Real Estate Market by Paul DeAdder
In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the ... More
Canada home prices not coming down yet thanks to low rates: Reuters poll
5/25/2017 | Posted in Real Estate Market by Paul DeAdder
Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ... More
GTA REALTORS® Release Resale Housing Market Figures
4/5/2017 | Posted in GTA Real Estate by Paul DeAdder
Toronto Real Estate Board President Larry Cerqua announced that Greater Toronto Area REALTORS® reported 12,077 residential sales through TREB’s MLS® System in ... More
Toronto house prices may jump 25% this year: Report
3/27/2017 | Posted in Toronto Real Estate by Paul DeAdder
Toronto’s housing market is likely to stay strong for the rest of the year, with home prices jumping as much as 25 per cent, amid hints that speculators are fuelling ... More
Toronto house price surge down to speculators
3/22/2017 | Posted in Toronto Real Estate by Paul DeAdder
The ever-rising home prices in Toronto are set to gather pace and require policy measures to curb speculation according to economists.
... More$1 million GTA homes have almost doubled
3/22/2017 | Posted in GTA Real Estate by Paul DeAdder
In the first two months of 2017 there were 2,876 such sales, up from 1,548 in the same period of 2016, a top real estate brokerage reports.
... MoreOntario urging Ottawa to change tax rules in bid to curb real estate speculation
3/20/2017 | Posted in Real Estate News by Paul DeAdder
Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.
... MoreCanadian home prices climb another 1% in biggest February increase on record as Toronto stays strong
3/14/2017 | Posted in Real Estate Market by Paul DeAdder
Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ... More
Canada's red hot real estate heats up apartment market to heights not seen in 30 years
3/7/2017 | Posted in Real Estate Market by Paul DeAdder
Vacancy rates are tight across Canada as residents find themselves priced out of the housing market.
... MorePrices soar 30 per cent in this Ontario market
3/6/2017 | Posted in Ontario Real Estate by Paul DeAdder
The continued boom in the housing market in the Greater Toronto Area continues to push other Ontario markets higher.
... MoreGovernment "very focused" on monitoring housing market: Finance Minister
3/6/2017 | Posted in Toronto Real Estate by Paul DeAdder
The government remains “very focused” on monitoring the Canadian housing market, Finance Minister Bill Morneau said. His remarks come amid rising prices in Toronto ... More
Big banks are freaking out about Toronto real estate
3/5/2017 | Posted in Toronto Real Estate by Paul DeAdder
Add Canada’s largest bank to the growing chorus of lenders worrying about unsustainable price growth in Toronto. Sparking speculation that further mortgage rule ... More
Single-family homes in GTA average above $1 million
2/24/2017 | Posted in GTA Real Estate by Paul DeAdder
A new record has been set in the Greater Toronto Area with the average single-family ground-oriented home now surpassing $1 million, the Building Industry and Land Development ... More
2/17/2017 | Posted in GTA Real Estate by Paul DeAdder
Well, this may be the first time in recent memory a big bank economist has used the feared B-word in relation to real estate. Bubble.
... MoreHome Prices Up 0.5% in January
2/14/2017 | Posted in Real Estate Market by Paul DeAdder
In January, the Teranet–National Bank National Composite House Price Index™ was up 0.5% from the previous month, matching the largest January increases in the ... More
