Real Estate News, Articles, Reports, Analysys & Trends
5/19/2022 | Posted in Mortgage Interest Rates by Sunny Purewal
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The cost of living continued to increase in April, raising the odds that the Bank of Canada will respond forcefully with at least a 50-basis-point rate hike at its June ... More

5/19/2022 | Posted in Canadian Housing Market by Sunny Purewal
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years.
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5/17/2022 | Posted in Canadian Housing Market by Sunny Purewal
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March.
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5/16/2022 | Posted in Canadian Housing Market by Sunny Purewal
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The annual pace of new home construction in April surpassed analysts' expectations
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5/17/2022 | Posted in Canadian Housing Market by Sunny Purewal
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

5/12/2022 | Posted in Interest Rates by Sunny Purewal
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The Big 6 banks have raised their expectations for Bank of Canada rate hikes, with most expecting another 125 to 150 basis points in tightening by the end of the year.
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4/26/2022 | Posted in Commercial Real Estate by Sunny Purewal
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Q1 2022: Heightened demand for industrial product persists, while office market availability reports slight uptick
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5/4/2022 | Posted in GTA Real Estate by Sunny Purewal
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Greater Toronto Area (GTA) new condominium sales reached their highest Q1 on record with 8,253 units sold, rising 55% year-over-year and exceeding the 10-year average (5,154 ... More

4/26/2022 | Posted in Real Estate News by Sunny Purewal
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list
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5/9/2022 | Posted in Interest Rates by Sunny Purewal
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Following a jump in bond yields last week, lenders across the country once again bumped up their fixed mortgage rates.
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4/25/2022 | Posted in Interest Rates by Sunny Purewal
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%.
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5/4/2022 | Posted in GTA Real Estate by Sunny Purewal
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The Greater Toronto Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis.
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5/3/2020 | Posted in Canada Living by Sunny Purewal
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Canada is officially in a recession that's been caused by the COVID-19 pandemic, the C.D. Howe Institute's Business Cycle Council declared Friday.
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4/30/2020 | Posted in Anouncements by Sunny Purewal
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Tiff Macklem, a former second-in-command at the Bank of Canada, is returning to the central bank to take over the top job at a moment that he says cries out for bold, ... More

5/2/2020 | Posted in Canadian Economy and Housing Market by Sunny Purewal
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are ... More

4/30/2020 | Posted in Canadian HELOC by Sunny Purewal
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Canadian banks may clamp down on HELOCs to reduce the risk of spikes in sour loans, which the banks are already bracing for
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4/27/2020 | Posted in Commercial Real Estate by Sunny Purewal
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Canada’s malls are facing a wave of skipped rents and could see vacancy rates triple by year-end, with the coronavirus poised to leave its scars on a fragile retail ... More


4/26/2020 | Posted in Canadian Housing Market by Sunny Purewal
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.
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4/22/2020 | Posted in GTA Real Estate by Sunny Purewal
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Greater Toronto Area REALTORS® reported 1,654 home sales through TRREB’s MLS® System during the first 17 days of April – down by 69 per cent compared to the ... More

4/22/2020 | Posted in GTA Real Estate by Sunny Purewal
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Toronto home sales tumbled in the first half of April, down 69 per cent compared with the previous year, as the coronavirus pandemic led to an economic slowdown and a huge ... More

4/22/2020 | Posted in Commercial Real Estate by Sunny Purewal
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Acquisition of expansive properties has fallen to the wayside, but commercial real estate is poised to become an even more desirable choice for investment after the coronavirus ... More

4/21/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

4/21/2020 | Posted in Commercial Real Estate by Sunny Purewal
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One quarter of small businesses can't make April lease or mortgage payments — and it won't get much better any time soon.
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4/21/2020 | Posted in Canadian Economy and Housing Market by Sunny Purewal
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

4/17/2020 | Posted in Mortgages and Real Estate by Sunny Purewal
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Canadian banks processed more than 670,000 mortgage deferrals or skipped payments in the month since announcing a measure to help consumers weather the economic hit from the ... More

4/16/2020 | Posted in Canadian Housing Market by Sunny Purewal
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The outlook on the Canadian housing market: RBC
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4/15/2020 | Posted in Canada Living by Sunny Purewal
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Nearly four-fifths of Canadians expect the economy to worsen over the next few months.
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4/15/2020 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, ... More


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