3/21/2020 | Posted in Canadian Housing Market by Stephen Gale
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
3/19/2020 | Posted in Canadian Economy and Housing Market by Stephen Gale
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A measure of Canada’s consumer confidence has reported its biggest drop ever amid the COVID-19 pandemic.
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3/17/2020 | Posted in Canadian Housing Market by Stephen Gale
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RBC senior economist Robert Hogue gives his latest housing market assessment
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3/16/2020 | 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 were up between January and February 2020.
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3/9/2020 | Posted in Canadian Housing Market by Stephen Gale
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).
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3/4/2020 | Posted in Canadian Housing Market by Stephen Gale
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Lower mortgage rates likely to offset any major drag from a global outbreak
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2/21/2020 | Posted in Canadian Housing Market by Stephen Gale
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain ... More
2/19/2020 | Posted in Canadian Housing Market by Stephen Gale
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.
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2/15/2020 | 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 declined between December 2019 and January 2020.
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2/13/2020 | Posted in Rental Market by Stephen Gale
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The average rent for a two-bedroom apartment in big cities increased by 3.9%, clocking the fastest growth since 2001.
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2/5/2020 | Posted in Canadian Housing Market by Stephen Gale
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.
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1/15/2020 | 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 eased between November and December 2019.
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1/10/2020 | Posted in Canadian Housing Market by Stephen Gale
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There was a decline in the 6-month moving trend in Canadian housing starts in December.
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1/8/2020 | Posted in Mortgages and Real Estate by Stephen Gale
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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More
1/7/2020 | Posted in Canadian Housing Market Predictions by Stephen Gale
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The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say.
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12/18/2019 | Posted in Canadian Economy and Interest Rates by Stephen Gale
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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings.
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12/16/2019 | 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 to edge higher in November 2019.
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12/10/2019 | Posted in New Developments by Stephen Gale
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There were some slight increases but the 6-month trend was essentially unchanged
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12/1/2019 | Posted in Rental Market by Stephen Gale
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The annual increase in Canadian rents was not consistent across property types.
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11/22/2019 | Posted in Canadian Housing Market by Stephen Gale
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Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More
11/21/2019 | Posted in Canadian Housing Market Predictions by Stephen Gale
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As the end of 2019 approaches, RBC Economics says the year will go down as “the turning point for Canada’s housing market.”
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11/15/2019 | 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 unchanged from September to October 2019.
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11/7/2019 | Posted in Canadian Housing Market by Stephen Gale
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The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics.
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11/6/2019 | Posted in Canadian Housing Market by Stephen Gale
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Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight.
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10/24/2019 | Posted in Canadian Housing Market Predictions by Stephen Gale
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After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2020.
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10/22/2019 | Posted in Canadian Housing Market by Stephen Gale
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Teranet-National Bank index shows prices slightly increased both on a monthly and annual basis.
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10/21/2019 | Posted in Canadian Housing Market by Stephen Gale
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This is the best place to start in fighting off the influence of illicit foreign money.
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10/2/2019 | Posted in Canadian Housing Market Predictions by Stephen Gale
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Upward adjustments came amid a more relaxed B-20 stress test
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9/25/2019 | Posted in Mortgages and Real Estate by Stephen Gale
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Employment figures had a major influence on the market's dynamics.
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9/17/2019 | Posted in Canadian Housing Market by Stephen Gale
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Canada’s population and employment growth, coupled with an expectation of enduring low interest rates, means home sales are forecast to improve over the next year or ... More
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