real estate market News and Articles | My Blog
Market collapse appears less likely says RBC
6/10/2019 | Posted in Canadian Housing Market by Paul DeAdder
Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More
Canada's housing market set for years of subdued price rises
2/23/2019 | Posted in Canadian Housing Market by Paul DeAdder
Canada's once-roaring housing market has been tamed, according to the latest Reuters poll of analysts who predict house prices will rise nationally and in key urban hot ... More
Deep freeze in housing market suggests mortgage rules have overshot their mark
2/22/2019 | Posted in Canadian Housing Market by Paul DeAdder
While a decline in sales in January 2018 was expected, the decline this January was disturbing.
... MoreImpact of tighter rules, interest rates greater than anticipated
2/1/2019 | Posted in Canadian Housing Market by Paul DeAdder
The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious ... More
4 Things That Will (And Won't) Happen In Canada's Housing Market In 2019
1/2/2019 | Posted in Canadian Economy and Housing Market by Paul DeAdder
As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go ... More
Canada on precipice of "household led recession"
10/2/2018 | Posted in Canadian Economy and Housing Market by Paul DeAdder
Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More
Canada building permits fall in June on weak residential sector
8/8/2018 | Posted in Canadian Housing Market by Paul DeAdder
The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on ... More
Non-Toronto markets in Ontario see accelerated home price growth
7/25/2018 | Posted in Ontario Real Estate by Paul DeAdder
While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More
Majority of Canadians blame foreigners for price spikes
7/4/2018 | Posted in Foreign Buyers by Paul DeAdder
Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC.
... MoreRising rates percolating through market
5/14/2018 | Posted in Mortgages and Real Estate by Paul DeAdder
Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected.
... MoreOSFI rule changes may lead to spike in reverse mortgages
11/14/2017 | Posted in Mortgages and Real Estate by Paul DeAdder
With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More
Canada's 10 priciest neighbourhoods
10/26/2017 | Posted in Real Estate Market by Paul DeAdder
A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.
... MoreWhy the GTA's detached houses remain a safe bet
9/27/2017 | Posted in Ontario Real Estate by Paul DeAdder
In spite of recent scares regarding their values, detached houses remain the strongest real estate investment to be had in the GTA.
... MoreBoC interest rate hike drags on weakening Toronto real estate
9/6/2017 | Posted in Toronto Real Estate by Paul DeAdder
A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More
Mortgage rule changes are cooling housing market: Morneau
8/22/2017 | Posted in Mortgages and Real Estate by Paul DeAdder
Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More
Toronto casts shadow over nation's home sales, but realtors see signs market bottoming out
8/16/2017 | Posted in Ontario Real Estate by Paul DeAdder
Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.
... MoreCanadian home sales fall further in July
8/15/2017 | Posted in Real Estate Market by Paul DeAdder
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017.
... MoreCanadian home sales drop again in June
7/17/2017 | Posted in Real Estate Market by Paul DeAdder
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017.
... MoreHousing responsible for over 25% of Ontario's 2016 economic growth - report
7/7/2017 | Posted in Real Estate News by Paul DeAdder
Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More
Canada accumulating private debt faster than any other advanced economy
6/22/2017 | Posted in Real Estate Market by Paul DeAdder
We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations.
... MoreLooming rate hikes seen dousing Canadian consumers, housing market
6/19/2017 | Posted in Mortgages and Real Estate by Paul DeAdder
Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More
CREA Updates Resale Housing Market Forecast
6/15/2017 | Posted in Real Estate News by Paul DeAdder
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More
BMO CEO downplays housing risk
6/12/2017 | Posted in Real Estate Market by Paul DeAdder
The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... More
5/16/2017 | Posted in Ontario Real Estate by Paul DeAdder
Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.
... MoreCanadian home sales drop in April
5/15/2017 | Posted in Real Estate Market by Paul DeAdder
According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ...
More
High house prices prompt Moody's downgrade for Canadian banks
5/11/2017 | Posted in Financial Health by Paul DeAdder
Moody’s has downgraded its ratings for six Canadian banks due to their exposure to risk from high house prices and household debt.
... MoreToronto, Victoria are world's 'hottest' luxury real estate markets
5/11/2017 | Posted in Real Estate Market by Paul DeAdder
Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More
Toronto real estate sales climbed in past week, but overall cooling could be coming
5/2/2017 | Posted in Toronto Real Estate by Paul DeAdder
Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More
4/25/2017 | Posted in Real Estate Market by Paul DeAdder
"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More
No measures that could boost demand for housing in Toronto: Morneau
4/19/2017 | Posted in Toronto Real Estate by Paul DeAdder
Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More
