9/15/2021 | 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 little changed between July and August 2021.

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Real Estate & Mortgage News

  9/10/2021 | Posted in Canadian Housing Market Predictions by Paul Solomons
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The winter buying frenzy in Canada’s housing market has given way to a restrained pace of sales that will culminate in prices flattening early next year, says a report ... More

Real Estate & Mortgage News

  9/8/2021 | Posted in Canadian Housing Market by Paul Solomons
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Every major party platform offers proposals for reining in what has become a nationwide affordability crisis.

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Real Estate & Mortgage News

  9/2/2021 | Posted in Home Buyers by Paul Solomons
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What's “buyer fatigue”? This term applies to home hunters who have been repeatedly outbid and left disillusioned by the process.

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  9/1/2021 | Posted in Canadian Housing Market by Paul Solomons
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The frenzied pace of sales is starting to slow across the country according to a report from RBC Economics.

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Real Estate & Mortgage News

  8/20/2021 | Posted in Canadian Housing Market by Paul Solomons
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As party leaders close out their first week of campaigning, it is no surprise that affordable housing has become a top issue in the 2021 federal election.

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  8/19/2021 | Posted in New Developments by Paul Solomons
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The trend in housing starts was 286,620 units in July 2021, down from 293,085 units in June 2021, according to Canada Mortgage and Housing Corporation (CMHC).

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  8/16/2021 | 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 down between June and July 2021.

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Real Estate & Mortgage News

  7/21/2021 | Posted in Canadian Housing Market by Paul Solomons
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Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price ... More

Real Estate & Mortgage News

  7/15/2021 | 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 down between May and June 2021.

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Real Estate & Mortgage News

  7/14/2021 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Royal LePage is forecasting that the aggregate price of a home in Canada will increase 16 per cent to $771,500 in the fourth quarter of 2021, compared to the same quarter last ... More

Real Estate & Mortgage News

  7/9/2021 | Posted in Canadian Housing Market by Paul Solomons
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A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More

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  6/28/2021 | Posted in Canada Living by Paul Solomons
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A look at why the hot housing market is out of reach for young Canadians

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  6/23/2021 | Posted in Canadian Housing Market by Paul Solomons
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Market observers are pointing to alarming trends that are stoking fears of Canada’s housing market entering a bubble in the near future.

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  6/22/2021 | Posted in Canadian Housing Market by Paul Solomons
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The country plans to welcome more than 1.2 million newcomers over a three-year period starting in 2021.

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  6/19/2021 | Posted in Financial Health by Paul Solomons
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Canadians now owe almost $2 trillion in mortgage and home equity line of credit debt combined

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Real Estate & Mortgage News

  6/15/2021 | 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 and new listings were both down between April and May 2021.

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Real Estate & Mortgage News

  6/11/2021 | Posted in Canada Living by Paul Solomons
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The net worth of Canadian households rose sharply in the first quarter, as the value of residential real estate accelerated by a record amount in the three-month period.

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Real Estate & Mortgage News

  6/10/2021 | Posted in Canadian Housing Market by Paul Solomons
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Canada's housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada's ... More

Real Estate & Mortgage News

  6/10/2021 | Posted in Canadian Economy and Housing Market by Paul Solomons
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The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds.

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Real Estate & Mortgage News

  6/10/2021 | Posted in Canadian Housing Market by Paul Solomons
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Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, ... More

Real Estate & Mortgage News

  5/21/2021 | Posted in Canadian Economy and Housing Market by Paul Solomons
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The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy.

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Real Estate & Mortgage News

  5/18/2021 | Posted in Canadian Housing Market by Paul Solomons
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Canadian home sales fell from a record in April as a resurgence of COVID-19 cases and lockdown measures slowed the country’s red hot housing market.

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Real Estate & Mortgage News

  5/17/2021 | 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 down from March to April 2021.

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Real Estate & Mortgage News

  5/12/2021 | Posted in Home Buyers by Paul Solomons
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Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

Real Estate & Mortgage News

  5/8/2021 | Posted in Canadian Housing Market Predictions by Paul Solomons
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Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity ... More

Real Estate & Mortgage News

  5/5/2021 | Posted in Canadian Housing Market by Paul Solomons
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Housing affordability in Canada has declined the most in two years

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Real Estate & Mortgage News

  5/1/2021 | Posted in Canadian Housing Market by Paul Solomons
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TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year.

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Real Estate & Mortgage News

  4/24/2021 | Posted in Canadian Housing Market by Paul Solomons
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Louis Vachon says further analysis needed to understand if housing market trends are permanent

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Real Estate & Mortgage News

  4/23/2021 | Posted in Canadian Economy and Housing Market by Paul Solomons
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Finance Minister Chrystia Freeland says the country needs a boost in the supply of housing to help make prices more affordable, but suggests there may be other steps ... More

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