11/27/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Experts predict a seller's market in nearly half the nation’s housing regions

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Real Estate & Mortgage News

  11/19/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Conditions on the resale market tightened further in October, with a seller’s market that is synonymous with upward price support.

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Real Estate & Mortgage News

  11/18/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Home sales activity recorded over Canadian MLS® Systems increased 7.7% on a month-over-month basis in October 2024, reaching its highest level since April 2022.

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Real Estate & Mortgage News

  10/29/2024 | Posted in Real Estate Market by Ruth Halperin
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A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next ... More

Real Estate & Mortgage News

  10/15/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Following the Bank of Canada's third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern ... More

Real Estate & Mortgage News

  10/10/2024 | Posted in Canadian Housing Market Predictions by Ruth Halperin
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Royal LePage’s latest housing market forecast predicts a real estate rebound that will see Canada’s “sluggish” markets in recovery mode by spring ... More

Real Estate & Mortgage News

  10/8/2024 | Posted in Government and Regulation by Ruth Halperin
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The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More

Real Estate & Mortgage News

  9/16/2024 | Posted in Real Estate News by Ruth Halperin
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National home sales increased in June following the Bank of Canada's first interest rate cut since 2020, and activity posted another small gain in August on the heels of ... More

Real Estate & Mortgage News

  9/3/2024 | Posted in Canadian Housing Market Predictions by Ruth Halperin
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Interest rate cuts should spark buying activity says RE/MAX Canada

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Real Estate & Mortgage News

  8/15/2024 | Posted in Canadian Housing Market by Ruth Halperin
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While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took ... More

Real Estate & Mortgage News

  7/12/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Activity in Canada's housing market saw some early signs of renewed life in June 2024, following the Bank of Canada's interest rate cut at the beginning of the ... More

Real Estate & Mortgage News

  7/11/2024 | Posted in Mortgages and Real Estate by Ruth Halperin
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Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest ... More

Real Estate & Mortgage News

  6/17/2024 | Posted in Canadian Housing Market by Ruth Halperin
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While May was another relatively uneventful month for many Canadian housing markets with national month-over-month home sales edging slightly lower and new listings moving only ... More

Real Estate & Mortgage News

  5/22/2024 | Posted in Mortgages and Real Estate by Ruth Halperin
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Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans ... More

Real Estate & Mortgage News

  5/21/2024 | Posted in Canadian Economy and Interest Rates by Ruth Halperin
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Canada's headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.

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Real Estate & Mortgage News

  5/21/2024 | Posted in Canadian Housing Market by Ruth Halperin
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The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada's largest cities remained stable from March to April.

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Real Estate & Mortgage News

  5/17/2024 | Posted in Canada Living by Ruth Halperin
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Working population in first 4 months this year surpassed already unprecedented numbers for 2023

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Real Estate & Mortgage News

  5/15/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market.

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Real Estate & Mortgage News

  4/12/2024 | Posted in Canadian Housing Market by Ruth Halperin
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While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March ... More

Real Estate & Mortgage News

  4/10/2024 | Posted in Canadian Economy and Housing Market by Ruth Halperin
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News not all bad as central bank signals possibility of rate relief in June

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Real Estate & Mortgage News

  4/9/2024 | Posted in Real Estate Market by Ruth Halperin
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The housing affordability crisis in Canada is reaching alarming new heights, impacting middle-income families far beyond major cities, according to a new report from RBC.

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Real Estate & Mortgage News

  4/4/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More

Real Estate & Mortgage News

  3/18/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a ... More

Real Estate & Mortgage News

  2/29/2024 | Posted in Canadian Housing Market Predictions by Ruth Halperin
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Home prices in Canada are forecast to gain a bit this year and rise further in 2025 on relentless demand for housing amid scant new supply and prospects for interest rate cuts ... More

Real Estate & Mortgage News

  2/27/2024 | Posted in Home Buyers by Ruth Halperin
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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 ... More

Real Estate & Mortgage News

  2/14/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ... More

Real Estate & Mortgage News

  1/15/2024 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably on a month-over-month basis in December 2023.

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Real Estate & Mortgage News

  12/27/2023 | Posted in Mortgages and Real Estate by Ruth Halperin
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As we look back at the year that was, we can say 2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that ... More

Real Estate & Mortgage News

  12/15/2023 | Posted in Canadian Housing Market by Ruth Halperin
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The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023.

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