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TOPIC: canadian housing market
February saw a rebound in Canadian housing starts, but banks believe moderation is coming
RBC, TD and BMO all believe starts will start to drift in 2014 and 2015.
Monika Warzecha March 11, 2014
BMO: More Canadians willing to enter a bidding war to buy a home
Appetite for competitive bids is highest in Toronto and Vancouver, the survey says.
Michael Aynsley March 5, 2014
Pimco believes a Canadian housing market correction is on the horizon in 2014
The firm thinks prices could drop up to 30 per cent in the years to come.
Monika Warzecha March 3, 2014
RBC: Canadian housing affordability improved in Q4 2013, but is set to erode through 2014
Toronto was the only market in the country that saw an across-the-board deterioration in affordability.
Sean MacKay February 25, 2014
Slow sales, lofty prices: Here’s how Canada’s banks reacted to CREA’s January numbers
Softening demand and excess supply of newly completed condos are expected to rein in price increases in 2014.
Sean MacKay February 17, 2014
Re/Max: Canadian markets set luxury home sales records in 2013
Western Canada claimed the country's top three high-end markets last year.
Michael Aynsley January 28, 2014
Fitch Ratings softens tone on overvalued Canadian housing market
Fitch concluded that Canadian house prices are expected to remain broadly flat in 2014.
Sean MacKay January 21, 2014
Steady as she goes: Here’s how Canada’s banks reacted to the latest CREA numbers
Expectations of soft landings abound in the reactions of Canada's banks to CREA's December data.
Sean MacKay January 16, 2014
Moderating market: Canadian home sales decrease for a third month in a row in December
Though actual sales were up from 2012 in December, they were down from the month before.
Monika Warzecha January 15, 2014
Royal LePage: No slowdown for the Canadian housing market in 2014
The momentum that was established in Canada's real estate market in late 2013 will continue through 2014.
Sean MacKay January 9, 2014
How changing demographics will shake up the Canadian real estate market
The Echo Generation will make up a larger amount of households and living solo will continue to be popular.
Monika Warzecha December 20, 2013
Silent night… for the hard landing crowd! Here’s how Canada’s banks reacted to CREA’s new report
Canada's banks wasted no time in publishing their own takes on CREA's November report.
Sean MacKay December 17, 2013
Canadian home sales edge lower in November but activity remains higher than 2012 levels
The national average sale price also increased by 9.8 per cent over November 2012.
Sean MacKay December 16, 2013
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
Deutsche Bank: Canadian housing market most overvalued in the world
House prices are overvalued by 60 per cent, the German bank says.
Michael Aynsley December 11, 2013
Bank of Canada: Housing market poses risk to country’s financial system
But a hard landing is unlikely, the central bank says.
Michael Aynsley December 10, 2013
BMO: 2013 a year of “pleasant surprises” for Canada’s four largest housing markets
Calgary was strong, Toronto defied predictions and Vancouver sprung back to life.
Michael Aynsley December 5, 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