Real Estate News, Articles, Reports, Analysys & Trends
2/7/2023 | Posted in Canadian Housing Market by Sunny Purewal
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Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada.
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1/26/2023 | Posted in Mortgages and Real Estate by Sunny Purewal
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Central bank signalled it would put the rate hiking cycle on pause - at least for now
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2/3/2023 | Posted in Toronto News by Sunny Purewal
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The deadline for Toronto homeowners to declare whether or not their property is occupied has been extended until the end of the month, Mayor John Tory has announced.
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2/3/2023 | Posted in Mortgages and Real Estate by Sunny Purewal
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An analysis of homeowners' loan-to-value ratios reveals resilient position despite challenges.
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2/3/2023 | Posted in GTA Real Estate by Sunny Purewal
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As we moved from 2022 into 2023, the Greater Toronto Area (GTA) housing market unfolded as expected. The number of January sales and the overall average selling price were ... More

1/27/2023 | Posted in Canadian Housing Market Predictions by Sunny Purewal
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity for 2023 and 2024. It’s predicting good news for the market in the coming ... More

1/31/2023 | Posted in Condo Market by Sunny Purewal
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Multi-family housing sales in the GTHA continued its downward trend through the back half of 2022, with condo, townhouse and apartment sales levels all declining over 50 per ... More

2/2/2023 | Posted in Home Owners by Sunny Purewal
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As Canadian homeowners grapple with the Bank of Canada's flurry of interest rate hikes, one in three say they won't be able to handle higher rates for long before they ... More

1/30/2023 | Posted in Interest Rates by Sunny Purewal
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While rates have been steadily climbing for variable mortgages, fixed mortgage rates have been moving in the opposite direction.
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1/30/2023 | Posted in Canadian Economy and Housing Market by Sunny Purewal
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate.
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1/16/2023 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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"They are in a very difficult situation in which they have to tell you they are done without telling you they are done"
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1/28/2023 | Posted in Commercial Real Estate by Sunny Purewal
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The Greater Toronto Area office market saw its vacancy reach double-digit levels during Q4 2022 amid markedly increased caution among stakeholders, who are still awaiting ... More

1/27/2023 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent. Here's a look at what the rate means, how analysts ... More

1/27/2023 | Posted in Canada Living by Sunny Purewal
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Local officials and investigators say that the trend is especially apparent in two provinces
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1/25/2023 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it ... More

1/25/2023 | Posted in Mortgage News by Sunny Purewal
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Canada’s national arrears rate ticked up from its all-time low in October, according to data from the Canadian Bankers Association.
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1/24/2023 | Posted in Interest Rates by Sunny Purewal
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The Federal Reserve and Bank of Canada can afford to pause interest-rate increases now because inflation pressures are easing rapidly, according to a Bank of Montreal ... More

1/20/2023 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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Economists don't believe the Bank of Canada is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the ... More

1/19/2023 | Posted in Rental Market by Sunny Purewal
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New report highlights rent rate movements in major urban markets
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1/19/2023 | Posted in Home Owners by Sunny Purewal
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An increasing number of Canadians appear to be tapping into their homes for extra cash.
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1/16/2023 | Posted in Canadian Housing Market by Sunny Purewal
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022.
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1/14/2023 | Posted in Canadian Housing Market by Sunny Purewal
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Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, ... More

1/13/2023 | Posted in Mortgage News by Sunny Purewal
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Canada's banking regulator has unveiled three new regulatory proposals that could further restrict mortgage lending pending a just-launched consultation period.
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1/13/2023 | Posted in Canadian Housing Market by Sunny Purewal
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019
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1/11/2023 | Posted in Canada Living by Sunny Purewal
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The federal government is offering a new tax credit to help make it easier for Canadians to care for adult relatives in their own homes.
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1/11/2023 | Posted in Ontario News by Sunny Purewal
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Homeowners and renters in Ontario pay some of the most expensive fees across the country, but a few cities in the province have more affordable prices.
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1/11/2023 | Posted in Commercial Real Estate by Sunny Purewal
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In a new analysis of the Canadian commercial real estate market, the firm sees some potential for investors despite economic headwinds
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1/3/2023 | Posted in Mortgages and Real Estate by Sunny Purewal
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Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank ... More

1/4/2023 | Posted in Foreign Buyers by Sunny Purewal
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Is federal policy the answer to the country's years-old housing affordability crisis?
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