6/30/2022 | Posted in Canada Living by Angela Petta
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This trend could spur further growth in the Canadian housing market ... More

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  6/28/2022 | Posted in Interest Rates by Angela Petta
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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

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  6/24/2022 | Posted in Canada Living by Angela Petta
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Majority of supply gap found in Ontario and British Columbia, agency says ... More

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  6/22/2022 | Posted in Rental Market by Angela Petta
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The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday. ... More

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  6/16/2022 | Posted in Canadian Housing Market by Angela Petta
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

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  6/16/2022 | Posted in Canadian Housing Market by Angela Petta
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

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

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  6/13/2022 | Posted in Canadian Housing Market by Angela Petta
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

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  6/8/2022 | Posted in Canadian Housing Market by Angela Petta
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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

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

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  6/1/2022 | Posted in Mortgage Interest Rates by Angela Petta
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The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year – ... More

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  5/31/2022 | Posted in Mortgage Interest Rates by Angela Petta
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The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say ... More

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  5/30/2022 | Posted in First Time Home Buyers by Angela Petta
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Now that home prices have started to fall from their February peak, the federal government is reportedly planning to introduce limits on its First-Time Home Buyer Incentive ... More

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  5/25/2022 | Posted in Canadian Housing Market by Angela Petta
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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

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  5/19/2022 | Posted in Canadian Housing Market by Angela Petta
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

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  5/17/2022 | Posted in Canadian Housing Market by Angela Petta
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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 Angela Petta
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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

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  4/26/2022 | Posted in Real Estate News by Angela Petta
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list ... More

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  4/25/2022 | Posted in Interest Rates by Angela Petta
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%. ... More

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  5/2/2020 | Posted in Canadian Economy and Housing Market by Angela Petta
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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

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  4/26/2020 | Posted in Canadian Housing Market by Angela Petta
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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 Angela Petta
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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 Angela Petta
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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 of ... More

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

Real Estate & Mortgage News

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

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  4/15/2020 | Posted in Canadian Housing Market by Angela Petta
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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

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  4/14/2020 | Posted in Canadian Housing Market Predictions by Angela Petta
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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 through ... More

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  4/8/2020 | Posted in Canadian Housing Market by Angela Petta
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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). ... More

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