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

  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

  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

  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

  3/25/2021 | 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 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 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

  3/19/2021 | 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

  3/15/2021 | 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 set another all-time record in February 2021.

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Canadian housing markets set records again in February

  3/11/2021 | Posted in Canadian Housing Market by Stephen Gale
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Canada’s housing market is in a “huge bubble” after months of runaway price gains, according to economist David Rosenberg, who was bearish on US real estate ... More

Canada housing might be in historic bubble - Rosenberg

  2/24/2021 | Posted in Canadian Housing Market by Stephen Gale
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Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More

Bank of Canada warns buyers of 'early signs' of overheating in housing market

  2/16/2021 | 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 set another all-time record in January 2021.

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Canadian housing markets set records again in January

  2/15/2021 | Posted in Canadian Housing Market by Stephen Gale
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The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and ... More

Suburbs lead the way in housing completions as starts also climb: CMHC

  2/15/2021 | Posted in Canadian Housing Market by Stephen Gale
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Starts rebounded strongly from declines in December, says CMHC's chief economist. The trend in housing starts was 244,963 units in January 2021, up from 238,747 units in ... More

Canadian housing starts trended higher in January

  2/4/2021 | Posted in Canadian Housing Market by Stephen Gale
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Big cities in Canada will come back to life once the pandemic is over and so will demand for homes in them, according to a new paper by economists at Canadian Imperial Bank of ... More

Canada's suburban flight will subside post-pandemic: CIBC

  2/2/2021 | Posted in Canadian Housing Market by Stephen Gale
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Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment.

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Despite Challenges, Majority of Canadians Plan to Buy a Home

  1/20/2021 | Posted in Canadian Housing Market by Stephen Gale
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e annual pace of housing starts in December fell compared with November, according to Canada Mortgage and Housing Corp. (CMHC).

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CMHC reports annual pace of housing starts down in December

  1/15/2021 | 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 set another all-time record in December 2020.

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Record December caps record year for Canadian home sales

  1/13/2021 | Posted in Canadian Housing Market by Stephen Gale
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Plus, seven trends that could impact the real estate market

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2021 will remain a seller's market: experts

  1/11/2021 | Posted in Canadian Housing Market by Stephen Gale
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Affordability and space limitations continue to impact purchase decisions as only 14% of Canadians polled would consider buying a home in a major metropolitan area.

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Despite concerns about the economy, majority of Canadians continue to believe in the strength of the housing market

  1/5/2021 | Posted in Canadian Housing Market by Stephen Gale
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Canadians are feeling more confident about the continued rise in home prices now than at any point in the previous three years, a trend Bloomberg and Nanos Research called a ... More

Bloomberg-Nanos: Canadians' optimism about home prices strongest in three years

  12/21/2020 | Posted in Canadian Housing Market by Stephen Gale
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When the Liberal government proposed the foreign homebuyer tax in its fiscal update last month as part of a plan to lower home prices, it drew skepticism from observers who say ... More

National foreign buyer tax may have unintended consequences: Experts

  12/21/2020 | Posted in Canadian Housing Market by Stephen Gale
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The upward trend in Canadian housing starts continued in November, according to the Canada Mortgage and Housing Corporation.

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National housing starts rise, but what's fueling them?

  12/16/2020 | 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 continued running at historically strong levels in November 2020.

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Canadian home sales remain historically strong in November

  12/11/2020 | Posted in Canadian Housing Market by Stephen Gale
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Townhouse activity has been especially rabid in Canada's largest markets.

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Low interest rates and affordability are driving Canadian demand for this property type

  11/25/2020 | Posted in Canadian Housing Market by Stephen Gale
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Almost all households with expired debt referrals have resumed payments

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Bank of Canada deputy downplays pandemic risk
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