Real Estate News, Articles, Reports, Analysys & Trends

7/1/2022 | Posted in Holidays and Traditions by Stephen Gale
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Smile, laugh and enjoy ... It is Canada Day!!!!

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Canada Day

6/30/2022 | Posted in Canada Living by Stephen Gale
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This trend could spur further growth in the Canadian housing market

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RBC: Immigration surge in the offing

6/30/2022 | Posted in Ontario News by Stephen Gale
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Ontario is more than doubling the maximum rate a landlord can raise a tenant's rent next year – marking the highest rent increase guideline in the province in a ... More

Ontario increases amount landlords can raise rent by highest level in a decade

6/29/2022 | Posted in Canadian HELOC by Stephen Gale
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Home equity lines of credit (HELOCs) were a common way for Canadian homeowners to tap into their home’s equity during the long run of low interest rates and rapidly ... More

27% of homeowners have a HELOC, half paying down principal: Poll

6/28/2022 | Posted in Interest Rates by Stephen Gale
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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 ... More

What the latest inflation data means for the upcoming Bank of Canada rate decision

6/27/2022 | Posted in GTA Real Estate by Stephen Gale
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The cost of rent here in the GTA is on the rise.

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Average GTA rent price saw highest increase in 3 years: report

6/26/2022 | Posted in Interest Rates by Stephen Gale
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The possibility of a full-percentage point interest rate hike from the Bank of Canada at its July meeting is now firmly on the table following the latest inflation data for ... More

JPMorgan sees 'material risk' of full-point hike from Bank of Canada

6/24/2022 | Posted in Canada Living by Stephen Gale
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Majority of supply gap found in Ontario and British Columbia, agency says

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Canada needs 5.8 million new homes by 2030 to tackle affordability crisis, CMHC warns

6/23/2022 | Posted in Commercial Real Estate by Stephen Gale
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Emerging trends provide insight on potential demand, portfolio manager says

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Is office space still a compelling investment?

6/21/2022 | Posted in Commercial Real Estate by Stephen Gale
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Canada?s industrial real estate market was performing well for owners and managers before COVID-19 hit, and it?s been cranked up to another level since the onset of the ... More

Canadian industrial to continue delivering historic returns

6/22/2022 | Posted in Rental Market by Stephen Gale
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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.

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These are the most expensive Canadian cities to rent a home

6/21/2022 | Posted in Mortgages and Real Estate by Stephen Gale
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An obscure feature of variable-rate mortgages may push up the monthly payments for an increasing number of borrowers.

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Monthly payments on variable-rate mortgages could increase as borrowers near their 'trigger rate'

6/17/2022 | Posted in Mortgages and Real Estate by Stephen Gale
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so ... More

Extending mortgage period could keep payments in check even as rates rise

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

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Desjardins predicts housing downturn would address 'unhealthy' market

6/16/2022 | Posted in Ontario Real Estate by Stephen Gale
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Ontario’s housing market has been red hot for years now, but that could soon change, and some areas will be hit harder than others.

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These are the areas where Ontario housing prices will take the biggest drop

6/16/2022 | Posted in Interest Rates by Stephen Gale
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Economists believe it's even more likely Macklem will have the confidence to increase the benchmark rate the same as U.S. bank authority.

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Bank of Canada likely to mirror 0.75 per cent Fed hike next month: economists

6/16/2022 | Posted in Canadian Housing Market by Stephen Gale
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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.

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Canadian housing starts trend lower in May

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

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Canadian home sales slow again in May

6/14/2022 | Posted in Interest Rates by Stephen Gale
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Bond yields surged to a fresh 14-year high this week, driving expectations that fixed rates are likely to continue rising.

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Bond yields soar higher, fixed mortgage rates expected to follow

6/14/2022 | Posted in Canadian Economy and Housing Market by Stephen Gale
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Statistics Canada says the amount Canadians owe relative to their income pulled back in the first quarter from the record level set in the fourth quarter of 2021 as incomes ... More

Key household debt-to-income ratio down in Q1 as income rises faster than debt

6/13/2022 | Posted in Canadian Housing Market by Stephen Gale
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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.

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Nearly 1 in 4 homeowners would have to sell if interest rates rise more, survey finds

5/26/2022 | Posted in Commercial Real Estate by Stephen Gale
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While activity of commercial real estate in Hamilton, Burlington and Niagara has been somewhat tempered in 2022, two asset classes continue to stand out.

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Commercial Real Estate Hamilton, Burlington and Niagara (2022 Report)

6/9/2022 | Posted in Commercial Real Estate by Stephen Gale
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Demand for commercial real estate soars nationwide amidst economic expansion and stock market volatility, according to RE/MAX® Canada.

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Commercial Real Estate Report (Canada 2022)

6/8/2022 | Posted in Canadian Housing Market by Stephen Gale
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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 ... More

Canada home prices - why they're falling

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

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RBC: May was a turning point for home sales in multiple markets

6/7/2022 | Posted in Canada Living by Stephen Gale
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The first quarter marked the fifth consecutive deterioration in housing affordability, and the worst drop yet, according to National Bank of Canada.

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Housing affordability had its worst decline
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