TOPIC: canadian housing market
Strong Canadian housing market performance leads Canada’s biggest bank to update forecast
Canada’s fourth largest bank is updating its forecast for the country’s housing market through 2017 as a result of a strong first quarter of sales and price gains.
Josh Sherman April 29, 2016
Canadian housing market won’t wait for cautious Millennials, warns new BMO report
If housing prices continue to rise, the amount of money required for a down payment will only increase.
Charlotte McLeod April 28, 2016
These 3 Canadian housing markets are now showing stronger signs of being overvalued, says CMHC
Add another city in Ontario to the list of local Canadian real estate markets that the country’s housing agency says appears to be overvalued.
Josh Sherman April 28, 2016
This graph shows how much longer first-timers will be saving for downpayments on Toronto and Vancouver homes
“That’s significant,” says Arsenault of the Canada-leading increases in Toronto and Vancouver.
Josh Sherman April 22, 2016
Anxious homebuyers in Toronto and Vancouver are rushing to close deals: survey
Fear of missing out, or FOMO, is motivating homebuyers in Canada’s hottest markets, a new survey suggests.
Josh Sherman April 20, 2016
Chinese buyers showed more interest in Toronto real estate last year than every BC market combined
Overseas real estate listing service Juwai added up the value of Canadian properties potential buyers from China made enquiries about in 2015, and Toronto was way ahead of the pack.
Josh Sherman April 18, 2016
Canadian home sales in March 2016 set new record while Toronto, Vancouver activity dips
Home sales registered through Canadian MLS systems increased in March by 1.5 per cent from February, with 60 per cent of local markets recording gains.
Josh Sherman April 15, 2016
These are the reasons the Calgary and Edmonton real estate markets aren’t nosediving
Alberta has seen better days for real estate. But, as senior BMO economist Sal Guatieri emphasizes, it has also seen much worse.
Josh Sherman April 13, 2016
The ‘oil recession’ might push Toronto and Vancouver home prices even higher — here’s how
Royal LePage expects to see more price appreciation in Toronto and Vancouver residential real estate, especially as Canada’s labour market shifts from the Prairies.
Josh Sherman April 7, 2016
5 key things to watch for that could stop Toronto and Vancouver’s housing hot streaks from ending ‘badly’
BMO Senior Economist Robert Kavcic lists what he thinks could put the brakes on runaway prices in the two cities.
Josh Sherman April 6, 2016
Toronto home sales reach record heights in 2016’s first quarter: TREB
The first quarter of the year generally isn’t the hottest for GTA real estate, but as far as they go, 2016’s was the busiest on record, according to TREB.
Josh Sherman April 5, 2016
3 ways policymakers could act to cool BC and Ontario’s blistering housing markets
So what more could be done to cool these hot housing markets?
Josh Sherman April 4, 2016
Two factors have caused Canadian household debt levels to fly high: economist
What happens when Canada’s central bank cuts its overnight lending rate and the country’s hottest housing markets continue to see eye-popping price gains?
Josh Sherman April 1, 2016
Here’s how far $1 million gets you in housing markets across Canada
A warning: if you live in Toronto or Vancouver, some of these listings may have you itching to pack up and move.
Josh Sherman March 31, 2016
This simple chart explains the one factor supporting soaring Toronto and Vancouver home prices
Forecast-defying performances of real estate in Canada’s hottest markets leave some flagging record household debt, but not National Bank's chief economist.
Josh Sherman March 30, 2016
Big Data with Big Ben: Did new home prices just decline in Toronto?
Is there really less demand for new homes in Toronto in 2016 than 2015?
Ben Myers March 30, 2016
This economist calculated how much Chinese investors may be spending on Toronto and Vancouver real estate
It’s the million-dollar question. Or maybe, as National Bank economist Peter Routledge suggests, it’s a multi-billion-dollar question.
Josh Sherman March 24, 2016
2016 Canadian budget tackles foreign home ownership, housing affordability
The 2016 Canadian federal budget has been unveiled, and it includes a proposal to get more information on foreign ownership in the country’s housing market to help inform future government policy.
Josh Sherman March 23, 2016
February was the busiest month for Canadian home sales since June 2007
Home sales figures have been strong enough so far in 2016 that the Canadian Real Estate Association has updated its forecast for 2016.
Josh Sherman March 15, 2016
Record household debt makes Canadians more vulnerable to interest rate shock in 2016
For every dollar of disposable income Canadian households have, they now owe more than $1.67.
Josh Sherman March 14, 2016
No more interest rate cuts from the Bank of Canada? The country’s biggest banks weigh in
While none were caught off guard by the move, each provided insight into what to expect from the Bank of Canada concerning the key interest rate moving forward.
Josh Sherman March 10, 2016
Canadian home construction surges in February, Vancouver condo segment raises flags
The level of condo construction in Vancouver "is not sustainable," says a leading economist as Canadian housing starts surge.
Josh Sherman March 8, 2016
Toronto and Vancouver luxury real estate markets poised for hot spring
It’s a trend that Sotheby’s, an auction house and brokerage, predicts will continue through the spring in the two cities.
Josh Sherman March 7, 2016