8/14/2019 | Posted in Canadian Housing Market by Shavin Patel
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The trend in housing starts was 208,970 units in July 2019, compared to 205,765 units in June 2019, according to Canada Mortgage and Housing Corporation (CMHC).

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Canadian housing starts trended higher in July

  8/9/2019 | Posted in Canadian Housing Market by Shavin Patel
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Homeownership rates are higher now than they were two decades ago according to a new analysis from Statistics Canada.

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Canadians more likely to be homeowners, have a mortgage

  7/31/2019 | Posted in Canadian Housing Market by Shavin Patel
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Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, ... More

Canada's Housing Market Now Well-Balanced

  7/15/2019 | Posted in Canadian Housing Market by Shavin Patel
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month.

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Canadian home sales hold steady in June

  7/15/2019 | Posted in Canadian Housing Market by Shavin Patel
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The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario.

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Rising home prices in Ontario cities fuel slight increase in Canada overall

  7/11/2019 | Posted in Canadian Housing Market by Shavin Patel
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Canadian housing starts trended higher in June, primarily due to higher trending row and apartment starts, in urban areas.

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Canadian Housing Starts Jump To Highest Level Since 2007

  6/28/2019 | Posted in Canadian Housing Market by Shavin Patel
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Affordability may be improving but home ownership in Toronto and Vancouver is still an “impossible obstacle” for most potential buyers, Royal Bank of Canada warns. ... More

Home ownership 'impossible' in Toronto, Vancouver: RBC

  6/24/2019 | Posted in Canadian Housing Market by Shavin Patel
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The residential construction sector led the gains for overall Canadian construction investment in April, the latest month of figures released by Statistics Canada.

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Investment in multifamily construction reaches new heights

  6/17/2019 | Posted in Canadian Housing Market by Shavin Patel
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed further in May 2019.

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Canadian home sales rise again in May 2019

  6/11/2019 | Posted in Canadian Housing Market by Shavin Patel
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The trend in housing starts was 201,983 units in May 2019, compared to 205,717 units in April 2019, according to Canada Mortgage and Housing Corporation (CMHC).

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Canadian housing starts trend decreased in May

  6/10/2019 | Posted in Canadian Housing Market by Shavin Patel
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Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More

Market collapse appears less likely says RBC

  5/15/2019 | Posted in Canadian Housing Market by Shavin Patel
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales climbed in April 2019.

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Canadian home sales rise in April 2019

  5/11/2019 | Posted in Canadian Housing Market by Shavin Patel
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The head of the Canada Mortgage and Housing Corporation (CMHC) gave a candid assessment of the country’s housing market, saying the “party” of homeownership ... More

CMHC's Siddall Warns Homeownership 'Party' Coming to an End

  5/9/2019 | Posted in Canadian Housing Market by Shavin Patel
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On the national level, the housing starts trend went up in April, according to the Canada Mortgage and Housing Corporation’s latest report.

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Canadian housing starts trend increased in April

  5/2/2019 | Posted in Canadian Housing Market by Shavin Patel
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For 1st time in 2.5 years, Canada Mortgage and Housing Corporation rates market as only moderately vulnerable

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Canada's housing markets not as vulnerable as prices fall more than 5%

  4/30/2019 | Posted in Canadian Housing Market by Shavin Patel
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For the foreseeable future, immigration will continue stoking the need for housing in Canada’s largest cities, according to RBC Economic Research.

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Immigration volume will fuel further housing demand

  4/15/2019 | Posted in Canadian Housing Market by Shavin Patel
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged higher in March 2019 after having declined sharply the ... More

Canadian home sales edge higher in March 2019

  4/15/2019 | Posted in Canadian Housing Market by Shavin Patel
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It was the sixth consecutive decrease for the Teranet-National Bank HPI

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House price index posts first non-recession March fall in 20 years

  4/11/2019 | Posted in Canadian Housing Market by Shavin Patel
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While this season usually brings a wave of interested buyers, economists wonder if we’ll see a spring thaw in the market this year.

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Why house prices are unlikely to rise any time soon

  3/25/2019 | Posted in Canadian Housing Market by Shavin Patel
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New measures for first-time home buyers could keep Canada’s housing market at cooler levels until autumn, according to a report by Royal Bank of Canada.

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Trudeau's New Housing Measures Could Mute Home Sales Until Fall

  3/20/2019 | Posted in Canadian Housing Market by Shavin Patel
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The construction of new homes in Canada will continue to decline for the next two years as the economy slows and higher interest rates weigh on consumers, according to a new ... More

New home construction to decline for next two years, says report

  3/19/2019 | Posted in Canadian Housing Market by Shavin Patel
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Budget offers an array of incentives aimed at first-time homebuyers, raises the limit on tax-free RRSP withdrawals.

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First Time Home Buyers Get Help: Federal Budget Highlights

  3/15/2019 | Posted in Canadian Housing Market by Shavin Patel
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales dropped sharply from January to February 2019.

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Canadian home sales drop sharply in February 2019

  3/14/2019 | Posted in Canadian Housing Market by Shavin Patel
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Canadian home values fell last year for the first time in three decades amid falling prices in some of the country’s priciest markets, even as debt burdens ... More

Canadian housing suffers first drop in values in decades

  3/13/2019 | Posted in Canadian Housing Market by Shavin Patel
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Canadian home prices fell in February for the fifth straight month as most major markets weakened, data showed on Wednesday.

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Canada home prices drop in February for fifth straight month: Teranet

  3/12/2019 | Posted in Canadian Housing Market by Shavin Patel
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Here are four record-breaking phenomena that suggest we have reached a real turning point in Canadian real estate.

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4 Alarming Records

  3/6/2019 | Posted in Canadian Housing Market by Shavin Patel
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Homeownership rates in Canada remain among the highest in the world despite housing affordability concerns across the country, according to the Royal Bank of Canada (RBC).

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Canadian homeownership rates still among highest globally

  3/3/2019 | Posted in Canadian Housing Market by Shavin Patel
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The cost of rental housing jumped by the most in 30 years in January, according to Statistics Canada data.

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Canadian Rental Rates Rise At Fastest Pace In 30 Years

  2/27/2019 | Posted in Canadian Housing Market by Shavin Patel
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Here's what it takes to buy an average-priced home in Canada's major cities — and how choosing a 30-year mortgage would change that.

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Rates Up, Prices Down, Stress Test Effects across Canada

  2/23/2019 | Posted in Canadian Housing Market by Shavin Patel
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Canada's once-roaring housing market has been tamed, according to the latest Reuters poll of analysts who predict house prices will rise nationally and in key urban hot ... More

Canada's housing market set for years of subdued price rises
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