10/10/2024 | Posted in Canadian Housing Market Predictions by Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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 Shavin Patel
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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.
... More 10/4/2023 | Posted in Mortgage Interest Rates by Shavin Patel
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Over the past two weeks, yields have risen by over 30 basis points, or 0.30%. Since bond yields typically lead fixed mortgage rate pricing, rates have been steadily on the ... More
9/29/2023 | Posted in Canada Living by Shavin Patel
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to ... More
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