Real Estate News, Articles, Reports, Analysys & Trends
11/30/2020 | Posted in Financial Health by Sunny Purewal
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The debt carried by Canadian households has hit the $2 trillion mark for the first time, driven up by rapidly rising mortgage balances, credit rating agency Equifax said in a ... More
11/30/2020 | Posted in Recreational Properties by Sunny Purewal
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According to a new report, year-over-year price appreciation in Canada's recreational property markets soared during the first nine months of 2020, driven by Canadians' ... More
11/25/2020 | Posted in Commercial Real Estate by Sunny Purewal
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A new report from Morguard Corporation indicates that in the third quarter of 2020, the multi-suite residential and industrial sectors of Canada’s commercial real estate ... More
11/25/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Almost all households with expired debt referrals have resumed payments
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11/24/2020 | Posted in Canadian Housing Market by Sunny Purewal
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But even with a bumpy road ahead, there are reasons to be optimistic.
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11/24/2020 | Posted in Mortgages and Real Estate by Sunny Purewal
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Mortgage interest costs continued to trend downward in October, according to recent figures from Statistics Canada.
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11/23/2020 | Posted in Mortgage Interest Rates by Sunny Purewal
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Several mortgage brokers are warning of a spike in rates once bond yields recover.
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11/19/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Accelerated building in two major cities is largely responsible for the rebound in construction
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11/18/2020 | Posted in Financial Health by Sunny Purewal
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The COVID-19 pandemic has pushed Canadians to accumulate the largest amount of cash ever recorded.
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11/18/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Benchmark prices rose 1 per cent from a month earlier, bringing the gain since April to 7 per cent
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11/16/2020 | Posted in Canadian Housing Market by Sunny Purewal
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National home sales continued running at historically strong levels in October 2020
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11/15/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Between 2009 and September 2020, home prices in Toronto and Vancouver have soared 150% and 100%, respectively.
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11/10/2020 | Posted in Mortgage Interest Rates by Sunny Purewal
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Jubilation over the good news about a vaccine has taken markets by storm. For borrowers, good news is often bad news.
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11/13/2020 | Posted in Commercial Real Estate by Sunny Purewal
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The office market in Canada’s major cities experienced its largest negative quarterly net absorption in more than a decade during Q3 2020, according to JLL, totalling ... More
11/9/2020 | Posted in Canadian Economy and Housing Market by Sunny Purewal
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Optimism towards the Canadian housing sector’s prospects has been mounting, but the market should not count out the impact of the lingering economic lethargy brought ... More
11/9/2020 | Posted in Canadian Housing Market by Sunny Purewal
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The ambitious targets are an attempt to compensate for 2020's abysmal immigration numbers
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11/4/2020 | Posted in GTA Real Estate by Sunny Purewal
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Strong numbers reported today by TRREB as home sales in the Greater Toronto Area (GTA) were up again year-over-year for the fourth month in a row. More
10/30/2020 | Posted in GTA Real Estate by Sunny Purewal
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From Canada Day to the summer wind down at the end of September, buyers fanned out across Toronto's '905' suburbs and scooped up 3,834 new condo units.
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11/3/2020 | Posted in Canada Living by Sunny Purewal
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Canadian consumers are running out of cash, according to TransUnion.
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11/3/2020 | Posted in Condo Market by Sunny Purewal
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Toronto has far outstripped all other major Canadian markets in terms of condo supply growth, according to RBC Economics.
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11/1/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Many people have been scratching their heads lately trying to understand how it is that Canada’s average house price jumped more than 17 per cent during the worst ... More
10/29/2020 | Posted in Canadian Housing Market by Sunny Purewal
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After what RBC Senior Economist Robert Hogue calls a "spectacular rally," the market has fully recovered and then some. What comes next, however, is still shrouded in ... More
10/28/2020 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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The Bank of Canada held the rate steady at 0.25 per cent and said the country’s economy won’t fully absorb slack in the economy before 2023, suggesting it will ... More
10/15/2020 | Posted in Canadian Housing Market Predictions by Sunny Purewal
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Canadian home prices will fall by 7% in early 2021 before steadily recovering through the rest of the year, according to a new forecast by Moody’s Analytics.
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10/27/2020 | Posted in Real Estate News by Sunny Purewal
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Altus Group says the commercial-to-residential tax ratio threatens businesses in several markets
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10/23/2020 | Posted in Canadian Economy and Interest Rates by Sunny Purewal
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Slower borrowing might lead to less consumer spending that could further delay Canada's economic recovery
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10/23/2020 | Posted in Canadian Housing Market by Sunny Purewal
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Instead of downsizing, the majority of Canada's seniors are planning to live in their own homes for as long as possible
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10/22/2020 | Posted in Canadian Economy and Housing Market by Sunny Purewal
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Some economists polled by Finder expressed scepticism towards the Crown corporation's market outlook
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10/15/2020 | Posted in Real Estate Market by Sunny Purewal
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PwC's annual report dropped on October 15
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