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TOPIC: canadian housing market
Condo boom has had a stabilizing effect on Canada’s housing market, but will it last?
In Canada's major cities, supply could outpace demand.
Michael Aynsley June 25, 2015
Find out if you can afford a home in these major Canadian markets
Type in your household income to see if you can afford a condo, bungalow or detached house.
Monika Warzecha June 24, 2015
Housing affordability improves across Canada in first quarter, except in Vancouver and Toronto
The bank warns the detached housing market in Toronto is reaching risky levels.
Monika Warzecha June 22, 2015
Here’s how the big banks reacted to the latest figures on Canada’s housing market
While the overall numbers were positive, "potential headwinds are on the horizon," says one financial institution.
Michael Aynsley June 16, 2015
CREA: Canadian home sales activity in May hits highest level in over five years
Excluding Toronto and Vancouver, the increase drops to 2.4 per cent.
Monika Warzecha June 15, 2015
Canadian house price index reaches new high in May despite major decline in Calgary
Calgary pulled the country's average down by 0.3 percentage points.
Monika Warzecha June 12, 2015
National Bank: Housing in Canada is not overvalued thanks to low interest rates
The bank's study of the market is largely focused on the average household income taken up by mortgage payments.
Monika Warzecha June 11, 2015
Report: First-time buyers make up nearly half of all annual home sales in Canada
And a significant amount are putting down less than 20 per cent on their purchase.
Monika Warzecha June 9, 2015
Big Data with Big Ben: If you don’t like high housing prices, why don’t you move?
Find out why this is Ben’s new go-to response when fielding high house price complaints.
Ben Myers June 8, 2015
Canadian home sales and prices will rise this year as oil-producing markets rebound, predicts RBC
The bank says housing markets in oil-dependent provinces may have already hit their lows.
Michael Aynsley June 4, 2015
Donald Trump’s right-hand man says Canadian real estate is undervalued, not overvalued
"Canada is a vibrant economy and some people oughta step in and take advantage of it," George H. Ross said in an interview with BNN.
Michael Aynsley May 27, 2015
BMO: Primary homes of wealthy Canadians worth $1.5 million on average
However, in British Columbia, that average rises to $3,908,200.
Monika Warzecha May 26, 2015
CMHC sees “downside risk” to Canadian housing market due to falling oil prices
Buyers will also seek out more affordable homes according to the Outlook report.
Monika Warzecha May 25, 2015
Big banks weigh in on the major regional differences in Canada’s housing market
It's no longer a case of Toronto and Vancouver versus everyone else.
Monika Warzecha May 19, 2015
CREA: Toronto and Vancouver push Canadian home prices up 9.5 per cent in April
The average sale price for an existing home is now $448,862.
Monika Warzecha May 15, 2015
Canadian home prices rise to all time high in April despite small monthly increase
Toronto and Vancouver also reached peak levels.
Monika Warzecha May 13, 2015
Competition Tribunal sides with CREA in dispute over what private sellers can display on realtor.ca
DIY sellers wanted to do away with buffer websites.
Monika Warzecha May 4, 2015
CMHC sees low level of risk in Vancouver housing market and moderate amount in Toronto
Regina and Winnipeg had high risk rates.
Monika Warzecha April 30, 2015
Canada’s housing market heavily influenced by non-permanent residents, says CIBC
Temporary foreign workers rent, which affects the buying habits of real estate investors.
Michael Aynsley April 29, 2015
Bank of Canada officials say housing market is not in bubble territory
The central bank told the House of Commons finance committee that the market is likely headed for a soft landing.
Michael Aynsley April 28, 2015
BMO: 40 per cent of Canadian first-time buyers unable to afford home without family help
About 48 per cent of first-buyers said they'd be willing to enter a bidding war.
Monika Warzecha April 23, 2015
RE/MAX ups 2015 home price predictions after big first quarter gains in Toronto and Vancouver
Increases in the two cities will boost the expected price growth nationally as well.
Monika Warzecha April 17, 2015
CREA: Toronto and Vancouver fuel home price growth in Canada in March
Year-over-year the average price for a home in Canada rose 9.5 per cent, propelled by the two hot markets.
Monika Warzecha April 15, 2015
Teranet’s Canadian house price index reaches all-time high in March
Prices were up countrywide both month-to-month and year-over-year
Monika Warzecha April 14, 2015