Real Estate News, Articles, Reports, Analysys & Trends

4/6/2021 | Posted in Commercial Real Estate by Stephen Gale
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A new report indicates Canada's downtown office vacancy rate increased for the fourth consecutive quarter to reach 14.3 per cent as more properties became available in ... More

Canada's Q1 downtown office vacancy rate rises to 14.3%, 4th straight gain

4/8/2021 | Posted in Home Buyers by Stephen Gale
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One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Over one-fifth of Canadians hoping housing prices fall significantly

4/8/2021 | Posted in Home Buyers by Stephen Gale
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Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

Canada proposes tighter mortgage stress test as home prices surge

4/8/2021 | Posted in Home Buyers by Stephen Gale
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Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages.

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Banking watchdog launches fresh consultation on mortgage stress test

4/6/2021 | Posted in Toronto Real Estate by Stephen Gale
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Canada's largest housing market logged another month of record sales and price gains in March. The head of the local real estate board is warning of potential unintended ... More

Toronto home sales double in March, average price hits $1.1M

4/6/2021 | Posted in GTA Real Estate by Stephen Gale
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For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and ... More

Consumer Confidence And Low Interest Rates Drive Up Homes Sales In GTA

3/31/2021 | Posted in Canadian Housing Market by Stephen Gale
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The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market.

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BoC's Macklem sees 'worrying' signs in housing market

4/1/2021 | Posted in Canadian Housing Market by Stephen Gale
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There are calls on policy-makers to take action to prevent a potential housing bubble due to prices going 'parabolic'.

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More Calls for Policymakers to Intervene in Housing Frenzy

4/5/2021 | Posted in Canadian Housing Market by Stephen Gale
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Feds face pressure over hot housing market ahead of 2021 budget

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Three ways Ottawa could cool the housing market in the federal budget

4/2/2021 | Posted in Canadian Housing Market by Stephen Gale
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Lumber supply is low, but demand keeps rising as homeowners nest during the pandemic

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Record-high lumber prices add as much as $30K to the cost of building a house

3/27/2021 | Posted in Toronto Real Estate by Stephen Gale
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The housing market in Toronto keeps on accelerating to defy all odds, with small one bedroom condos selling for in the $700,000s after bidding wars, the average home price ... More

Toronto's real estate market is so out of control that it's now considered high risk

3/30/2021 | Posted in Luxury Real Estate by Stephen Gale
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Sales of homes valued at $4 million or more in the Greater Toronto Area saw a 157 per cent jump in activity.

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Affluent millennials and wealthy families sitting on a pile of cash are the latest drivers of high-end Canadian real estate

3/30/2021 | Posted in Canadian Housing Market by Stephen Gale
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BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets.

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BMO warns policymakers could 'swing the hammer' on housing

3/30/2021 | Posted in Canadian Housing Market by Stephen Gale
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Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory

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Policy interventions against market overheating needed now: RBC

3/30/2021 | Posted in Mortgages and Real Estate by Stephen Gale
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The national mortgage debt balance hit a new record high of $1.65 trillion in Q4 2020, according to data from Statistics Canada.

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Mortgage debt balance reaches new highs

3/29/2021 | Posted in Commercial Real Estate by Stephen Gale
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Upward pressure on commercial asset values continues to dominate the nation’s largest cities, according to a new study by Colliers Canada.

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Commercial property saw steady growth in value during Q1

3/26/2021 | Posted in Home Owners by Stephen Gale
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Canadians have great expectations when it comes to using their homes to feather their retirement nest eggs.

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How your home can fit into your retirement portfolio

3/25/2021 | Posted in Canadian Housing Market by Stephen Gale
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Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

Canadian housing market sees imbalances increase in large cities and smaller centres

3/25/2021 | Posted in Mortgages and Real Estate by Stephen Gale
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As many as 14% of millennials said that they have not been entirely truthful on a previous credit or loan application, compared to the national average of 7%, according to a ... More

Equifax on how many Canadians lie on their mortgage applications

2/5/2021 | Posted in Commercial Real Estate by Stephen Gale
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The last quarter of 2020 saw “favourable” deal flow and intensified competition in the commercial mortgage market, leading to sustained downward pressure on credit ... More

CMLS: Commercial mortgage market seeing stronger deal flow, increased competition

3/25/2021 | Posted in Canadian Housing Market by Stephen Gale
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The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More

RBC wants to cool Canada's housing market

3/23/2021 | Posted in Toronto Real Estate by Stephen Gale
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After years of an impossibly tight Toronto vacancy rate, there were reports that the downtown had emptied out due to COVID pandemic, leaving unoccupied units and landlords ... More

Toronto rents - what really happened when COVID-19 hit?

3/23/2021 | Posted in Canadian Housing Market by Stephen Gale
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The aggregate price of a house in Canada's recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace ... More

Canadian recreational house prices forecast to increase 15% in 2021

3/22/2021 | Posted in Real Estate Market by Stephen Gale
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A record share of Canadians expect home prices will continue hitting new highs, an exuberance that adds to concern the housing market is entering a speculative bubble.

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More Canadians than ever before are expecting higher home prices: Nanos

3/20/2021 | Posted in Toronto Living by Stephen Gale
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Toronto’s neighbourhoods are getting a much-needed revamp and changing from the existing number of 140 to 158.

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Toronto Just Added a Bunch of New Neighbourhoods

3/19/2021 | Posted in Canadian Housing Market by Stephen Gale
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Newly built Canadian homes are rising faster in price than at any time in more than three decades.

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Canadian new-home prices rising at fastest pace in three decades

3/18/2021 | Posted in Canadian Housing Market by Stephen Gale
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Our national real estate market is now in full-on boiling mode, according to a major Canadian bank.

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BMO describes Canadian 'boiling' real estate market as 'The Wild North'

3/18/2021 | Posted in Canadian Housing Market by Stephen Gale
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While home prices continued to increase between November and January, their rate of growth was declining on a monthly basis. That changed in February as monthly home price ... More

Canadian home price growth accelerates again after 3 months of slowing: Teranet

3/17/2021 | Posted in Mortgages and Real Estate by Stephen Gale
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Non-bank lenders have seen the rate of arrears on insured mortgages go roughly 50% higher than their uninsured counterparts, according to data from Statistics Canada.

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Insured mortgages at non-bank lenders showing higher arrears rate

3/17/2021 | Posted in Rental Market by Stephen Gale
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The COVID-19 pandemic has had a major impact on Toronto's rental market since it first arrived last March — resulting in rent prices not seen in several years — ... More

Rent prices for one-bedroom apartments in Toronto just reached a new four-year low
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