8/12/2022 | Posted in First Time Home Buyers by Jason Codell
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Details of a new account to help Canadians save to buy their first home have been revealed this week. ... More

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  7/18/2022 | Posted in Mortgages and Real Estate by Jason Codell
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More

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  7/18/2022 | Posted in Interest Rates by Jason Codell
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The Bank of Canada's intention to "frontload" its path to higher rates means its policy rate could peak as early as September, according to a prominent CIBC ... More

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  7/15/2022 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More

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  6/24/2022 | Posted in Canada Living by Jason Codell
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Majority of supply gap found in Ontario and British Columbia, agency says ... More

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  6/16/2022 | Posted in Canadian Housing Market by Jason Codell
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

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  6/16/2022 | Posted in Canadian Housing Market by Jason Codell
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

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  6/15/2022 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Jason Codell
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

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  5/2/2020 | Posted in Canadian Economy and Housing Market by Jason Codell
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ... More

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Jason Codell
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More

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  4/21/2020 | Posted in Canadian Housing Market by Jason Codell
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

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  4/21/2020 | Posted in Canadian Economy and Housing Market by Jason Codell
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis of ... More

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  4/15/2020 | Posted in Canadian Economy and Interest Rates by Jason Codell
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The Bank of Canada on Wednesday said the coronavirus outbreak was set to trigger the biggest ever near-term Canadian downturn but suspended its regular economic forecasts, citing ... More

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  4/15/2020 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ... More

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  4/14/2020 | Posted in Canadian Housing Market Predictions by Jason Codell
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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More

Real Estate & Mortgage News

  3/16/2020 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More

Real Estate & Mortgage News

  3/9/2020 | Posted in Canadian Housing Market by Jason Codell
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More

Real Estate & Mortgage News

  3/5/2020 | Posted in Mortgages and Real Estate by Jason Codell
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Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More

Real Estate & Mortgage News

  2/21/2020 | Posted in Canadian Housing Market by Jason Codell
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain low ... More

Real Estate & Mortgage News

  2/19/2020 | Posted in Canadian Housing Market by Jason Codell
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom. ... More

Real Estate & Mortgage News

  2/15/2020 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020. ... More

Real Estate & Mortgage News

  2/5/2020 | Posted in Canadian Housing Market by Jason Codell
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test. ... More

Real Estate & Mortgage News

  2/3/2020 | Posted in Canadian Economy and Housing Market by Jason Codell
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Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries. ... More

Real Estate & Mortgage News

  1/30/2020 | Posted in Canadian Housing Market by Jason Codell
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Quarterly price trend report shows most major markets posted gains. ... More

Real Estate & Mortgage News

  1/15/2020 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019. ... More

Real Estate & Mortgage News

  12/18/2019 | Posted in Canadian Economy and Interest Rates by Jason Codell
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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings. ... More

Real Estate & Mortgage News

  12/16/2019 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. ... More

Real Estate & Mortgage News

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