10/29/2024 | Posted in Real Estate Market by Paul Solomons
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A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next ... More
10/15/2024 | Posted in Canadian Housing Market by Paul Solomons
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Following the Bank of Canada's third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern ... More
10/10/2024 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Royal LePage’s latest housing market forecast predicts a real estate rebound that will see Canada’s “sluggish” markets in recovery mode by spring ... More
10/8/2024 | Posted in Government and Regulation by Paul Solomons
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The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary ... More
9/16/2024 | Posted in Real Estate News by Paul Solomons
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National home sales increased in June following the Bank of Canada's first interest rate cut since 2020, and activity posted another small gain in August on the heels of ... More
9/3/2024 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Interest rate cuts should spark buying activity says RE/MAX Canada
... More 8/15/2024 | Posted in Canadian Housing Market by Paul Solomons
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While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took ... More
7/12/2024 | Posted in Canadian Housing Market by Paul Solomons
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Activity in Canada's housing market saw some early signs of renewed life in June 2024, following the Bank of Canada's interest rate cut at the beginning of the ... More
7/11/2024 | Posted in Mortgages and Real Estate by Paul Solomons
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Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada’s quarter-point cut to its key interest ... More
6/17/2024 | Posted in Canadian Housing Market by Paul Solomons
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While May was another relatively uneventful month for many Canadian housing markets with national month-over-month home sales edging slightly lower and new listings moving only ... More
5/22/2024 | Posted in Mortgages and Real Estate by Paul Solomons
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Canada’s banking watchdog warned that many homeowners who took out mortgages when rates were near zero during the pandemic will soon face a reckoning as those loans ... More
5/21/2024 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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Canada's headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.
... More 5/21/2024 | Posted in Canadian Housing Market by Paul Solomons
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The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada's largest cities remained stable from March to April.
... More 5/17/2024 | Posted in Canada Living by Paul Solomons
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Working population in first 4 months this year surpassed already unprecedented numbers for 2023
... More 5/15/2024 | Posted in Canadian Housing Market by Paul Solomons
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Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market.
... More 4/12/2024 | Posted in Canadian Housing Market by Paul Solomons
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While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March ... More
4/10/2024 | Posted in Canadian Economy and Housing Market by Paul Solomons
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News not all bad as central bank signals possibility of rate relief in June
... More 4/9/2024 | Posted in Real Estate Market by Paul Solomons
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The housing affordability crisis in Canada is reaching alarming new heights, impacting middle-income families far beyond major cities, according to a new report from RBC.
... More 4/4/2024 | Posted in Canadian Housing Market by Paul Solomons
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More
3/18/2024 | Posted in Canadian Housing Market by Paul Solomons
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Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a ... More
2/29/2024 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Home prices in Canada are forecast to gain a bit this year and rise further in 2025 on relentless demand for housing amid scant new supply and prospects for interest rate cuts ... More
2/27/2024 | Posted in Home Buyers by Paul Solomons
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One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability ... More
2/14/2024 | Posted in Canadian Housing Market by Paul Solomons
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Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ... More
1/15/2024 | Posted in Canadian Housing Market by Paul Solomons
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably on a month-over-month basis in December 2023.
... More 12/27/2023 | Posted in Mortgages and Real Estate by Paul Solomons
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As we look back at the year that was, we can say 2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that ... More
12/15/2023 | Posted in Canadian Housing Market by Paul Solomons
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The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023.
... More 12/14/2023 | Posted in Canadian Housing Market by Paul Solomons
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Home prices across Canada are expected to climb next year with expected Bank of Canada rate cuts poised to reinvigorate the housing market, according to a new report.
... More 11/15/2023 | Posted in Canadian Housing Market by Paul Solomons
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined on a month-over-month basis in October 2023.
... More 10/18/2023 | Posted in Canadian Economy and Interest Rates by Paul Solomons
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The overnight rate could settle around 3%, according to leading economist
... More 10/17/2023 | Posted in Canadian Housing Market by Paul Solomons
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Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.
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