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TOPIC: canadian housing market
This Canadian province has the biggest share of homeowners who find real estate unaffordable
Hint: it's not one of the prairie provinces.
Josh Sherman November 26, 2015
Cooling housing market won’t be ‘knock-out’ punch to Canadian economy: TD Bank
The Canadian housing market will be dealt a "glancing blow" instead, says one economist.
Josh Sherman November 24, 2015
What Toronto and Vancouver could learn from Calgary’s flagging housing market
Analysts in both cities should look to the Prairies for housing market insight, says Central 1 Credit Union's chief economist.
Josh Sherman November 19, 2015
Here’s how Canada’s banks reacted to the national housing market figures from October
"Canada's hot housing market days may be numbered," says one major financial institution.
Michael Aynsley November 17, 2015
Canadian home sales reach second-highest level in over five years: CREA
Canadian home sales picked up nationally to their second-highest level in over five years in the month of October after slowing down in September, according to the Canadian Real Estate Association (CREA).
Josh Sherman November 16, 2015
Five of Canada’s biggest markets see home prices rise in October: Teranet
Canadian home prices ticked upwards in October, according to the Teranet-National Bank National Composite House Price Index of 11 major markets.
Josh Sherman November 16, 2015
Survey highlights Ontarians’ concerns about real estate
There’s a less obvious perk that seems to come with age, at least in one Canadian province
Josh Sherman November 12, 2015
Value of building permits issued drops across Canada for second consecutive month
The total value of building permits that municipalities across Canada issued in September was down from one month earlier, according to Statistics Canada — again.
Josh Sherman November 11, 2015
Who would be the biggest losers if Canadian home prices take a big hit?
The Canadian Centre for Policy Alternatives' new report The Young and the Leveraged looked at what a 20 per cent drop in real estate prices would mean for Canadian households.
Josh Sherman November 10, 2015
Housing starts fall in October, but rental starts expected to hit 20-year high in 2015
Following a three-year high in September, housing starts in Canada declined in October, according to the Canada Mortgage and Housing Corporation.
Josh Sherman November 9, 2015
Canadians on pace to spend record amount on home renovations, new homes in 2015
“New construction is still larger than renovation spending,” Adrienne Warren tells BuzzBuzzHome News, but notes renos are “somewhat in the same ballpark."
Josh Sherman November 3, 2015
Struggling Canadian oil industry pulls up national rental vacancy rate, says CMHC
Landlords are having a tougher time renting out purpose-built apartments in Canada’s oil-producing regions, pulling up vacancies on a national level.
Josh Sherman November 2, 2015
Which cities are in housing bubble territory? New index tracks international markets
Given all the talk of housing bubbles in some of the world’s hottest real estate markets, it was only a matter of time before economists developed an index geared toward tracking them.
Josh Sherman October 30, 2015
New CMHC report finds strong evidence of “problematic conditions” in Toronto housing market
Canada’s national housing agency is once again sounding the alarm for one of Canada’s hottest housing markets.
Josh Sherman October 29, 2015
Price for new GTA low-rise homes breaks record in September, high-rise prices dip: report
The average price of new low-rise homes across the Greater Toronto Area hit never-before-seen heights last month while high-rise prices dipped, said RealNet.
Josh Sherman October 28, 2015
Unsold condos in the GTA not a sign of higher market volatility: economist
CIBC economist Benjamin Tal writes “those who look at the rise in unabsorbed units as a sign of increased vulnerability are barking up the wrong tree.”
Josh Sherman October 27, 2015
Higher interest rates and unsold homes to slow Canada’s housing market in next 2 years: CMHC
The Canada Mortgage and Housing Corporation also expects high home prices and vacancy rates to impact the Canadian housing market moving forward.
Josh Sherman October 26, 2015
Is buying a home near a new stadium a winning investment?
Even those who don't care about box scores, batting averages or hat tricks might want to start looking into properties near stadiums, a new study suggests.
Josh Sherman October 20, 2015
Canadian home sales down in September while Vancouver and Toronto prices climb: CREA
National real estate activity cooled down in September as prices climbed, according to stats released this week by the Canadian Real Estate Association (CREA).
Josh Sherman October 16, 2015
Halifax led all Canadian markets in home price growth in September: Teranet
September marked the ninth straight month of home price increases in Canada, according to the Teranet - National Bank National Composite House Price Index released today.
Josh Sherman October 15, 2015
What the 2015 Canadian federal election means for the nation’s housing market
A new home renovation tax credit and the creation of a national housing strategy are among the platform promises that Canada’s political parties have made leading up to election day on October 19th.
Josh Sherman October 15, 2015
Despite low oil prices, Canadian home prices rise in Q3 2015
The Bank of Canada’s low key interest rate and the slumping Canadian Dollar are countering the negative effects of low oil prices on the housing market, a Royal LePage report released today suggests.
Josh Sherman October 14, 2015
10 real estate trends to watch for in the Canadian housing market in 2016
The Urban Land Institute (ULI) and PricewaterhouseCoopers (PwC) recently jointly released their Emerging Trends in Real Estate report.
Josh Sherman October 13, 2015
Value of building permits issued drops across Canada in August
After increasing in June and July, the overall value of Canadian building permits dropped in August.
Josh Sherman October 9, 2015
Urban Land Institute inaugural Toronto symposium to explore emerging trends in urban development
The Emerging Trends and City Building symposium will bring together a host of expert urbanists from tech industry managers to city planners.
Josh Sherman October 8, 2015