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TOPIC: canadian housing market
Central 1: Toronto housing isn’t overvalued, it’s just really, really expensive
Think the high house prices can't last? They could double in 25 years.
Monika Warzecha December 12, 2013
Report: Land shortage not to blame for high home prices in GTA
One acre of suburban development space that once held three units now holds as many as 11.
Brittany Devenyi December 2, 2013
OSFI head will not say if a bubble exists in the Canadian housing market
Julie Dickson chose not to wade into the housing bubble debate, saying OSFI does not "volunteer opinions on whether a bubble exists."
Sean MacKay November 26, 2013
Equifax: Canadian consumer debt burden rises while delinquency rates fall to new low
High household indebtedness is frequently cited as a source of concern by organizations monitoring the Canadian housing market.
Sean MacKay November 25, 2013
Bank of Canada governor: No sharp price correction for Canadian housing market
Bank of Canada governor Stephen Poloz made it clear that he disagreed with the recent reports by Fitch and the OECD.
Sean MacKay November 21, 2013
Bank of Canada should raise lending rate by late 2014, says OECD report
Low rates and high levels of household indebtedness have the OECD concerned.
Sean MacKay November 20, 2013
Fitch Ratings: Several factors point to soft landing for Canadian housing market
However, Fitch Director Stefan Hilts sounded the alarm on the Canadian economy's high level of exposure to rising home prices.
Sean MacKay November 19, 2013
CREA: Canadian home sales activity slows in October following late summer boost
Despite the declines, CREA indicated that Canada's housing market remains in balanced territory.
Sean MacKay November 15, 2013
Canadian consumer mood improves as confidence in housing and job security perks up
Consumer confidence in house prices hits five-week high at 57.5 per cent.
Brittany Devenyi November 4, 2013
No rate hike, but Bank of Canada warns the housing market is at risk of a correction
The surprising strength of the Canadian housing market isn't exactly good news to the country's central bank.
Michael Aynsley October 23, 2013
Credit Suisse: Canadian housing market could still be in for hard landing
Credit Suisse still sees potential trouble on the horizon for the Canadian market.
Sean MacKay October 18, 2013
TD Economics: Canadian housing activity “unexpectedly strong” in 2013 but is set to slow
A larger-than-average adjustment is likely facing the condominium segment, said the bank's economic team.
Sean MacKay September 25, 2013
Scotiabank: Housing demand to wane in Canada
The bank also is raising concerns about an oversupply of condos in major cities.
Michael Aynsley September 23, 2013
Stats Can: Canadians’ mortgage debt hits $1.1 trillion
Economists credit the rebounding housing market as part of the reason for the mortgage debt increase.
Michael Aynsley September 13, 2013
Sotheby’s: Luxury housing market to heat up in Calgary, Vancouver, Toronto, Montreal
The upswing in high-end home sales will be fueled in part by demand from foreign investors.
Michael Aynsley September 11, 2013
Fitch: Canadian banks can withstand housing downturn
Chicago-based Fitch Ratings believes Canada’s six largest banks can likely withstand a moderate to severe housing downturn.
Michael Aynsley August 13, 2013
Canadian home sales almost back to levels seen before tighter mortgage rules took effect
Has the Canadian housing market turned a corner? According to new statistics from the The Canadian Real Estate Association (CREA), national sales improved in May 2013. And...
Monika Warzecha June 17, 2013
Teranet: Canadian home prices up two per cent from a year ago
Canadian home prices rose two per cent in May from the same month last year, marking the slowest 12-month increase since November 2009.
Michael Aynsley June 12, 2013
CMHC: National housing starts flat in May
Condo construction in major cities pushed housing starts up by nearly 25,000 units across the country.
Michael Aynsley June 10, 2013
BMO: Canadian housing market calming not crashing
Housing sales in Canada have returned to more normal levels in response to tougher mortgage rules and cooling credit, says a new BMO report.
Michael Aynsley May 28, 2013
BMO survey: many Canadian homeowners still eager to buy property
Despite a cooling market, the latest BMO housing reports says nearly half of Canadian homeowners intend to buy a property in the next five years.
Michael Aynsley May 22, 2013
CMHC: National housing starts dip in April, while urban starts stay strong in Quebec
There was a small dip in Canadian housing starts in April compared to the March trend, the Canada Mortgage and Housing Corporation (CMHC) reported today....
Sean MacKay May 8, 2013
Teranet House Price Index shows a small overall increase in national prices
It looks like the United States’ housing price gains are outpacing Canada’s growth. The latest Teranet-National Bank National Composite House Price Index points to a slow...
Monika Warzecha March 20, 2013
RBC: Expect subdued Canadian economic growth in 2013
A weak hand-off from 2012 is partly to blame for a lower than expected economic growth rate for Canada in 2013. In a report released...
Sean MacKay March 19, 2013