8/16/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.
... More
8/15/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022.
... More
8/12/2022 | Posted in First Time Home Buyers by Becky Lu-Do
SHARE
Details of a new account to help Canadians save to buy their first home have been revealed this week.
... More
7/18/2022 | Posted in Mortgages and Real Estate by Becky Lu-Do
SHARE
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 ... More
7/18/2022 | Posted in Interest Rates by Becky Lu-Do
SHARE
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
7/15/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022.
... More
6/24/2022 | Posted in Canada Living by Becky Lu-Do
SHARE
Majority of supply gap found in Ontario and British Columbia, agency says
... More
6/16/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Bouts of pain in property prices could help wake market up to economic and wage realities, economist says
... More
6/16/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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
6/15/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022.
... More
6/14/2022 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
SHARE
The likely deceleration of the housing market would be a welcome effect, Macklem says
... More
6/8/2022 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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 ... More
5/30/2022 | Posted in Mortgage Interest Rates by Becky Lu-Do
SHARE
Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that
... More
5/2/2020 | Posted in Canadian Economy and Housing Market by Becky Lu-Do
SHARE
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 ... More
4/26/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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
4/21/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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
4/21/2020 | Posted in Canadian Economy and Housing Market by Becky Lu-Do
SHARE
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 ... More
4/15/2020 | Posted in Canadian Economy and Interest Rates by Becky Lu-Do
SHARE
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, ... More
4/15/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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
4/14/2020 | Posted in Canadian Housing Market Predictions by Becky Lu-Do
SHARE
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 ... More
3/16/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020.
... More
3/9/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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
3/5/2020 | Posted in Mortgages and Real Estate by Becky Lu-Do
SHARE
Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.
... More
2/21/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain ... More
2/19/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.
... More
2/15/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.
... More
2/5/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
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
2/3/2020 | Posted in Canadian Economy and Housing Market by Becky Lu-Do
SHARE
Economy nudged higher in the latest monthly stats, helped in part by the real estate and construction industries.
... More
1/30/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Quarterly price trend report shows most major markets posted gains.
... More
1/15/2020 | Posted in Canadian Housing Market by Becky Lu-Do
SHARE
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.
... More
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.