6/10/2019 | Posted in Canadian Housing Market by Kit Blott
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Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More

Real Estate & Mortgage News

  2/23/2019 | Posted in Canadian Housing Market by Kit Blott
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Canada's once-roaring housing market has been tamed, according to the latest Reuters poll of analysts who predict house prices will rise nationally and in key urban hot spots, ... More

Real Estate & Mortgage News

  2/1/2019 | Posted in Canadian Housing Market by Kit Blott
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious than ... More

Real Estate & Mortgage News

  1/2/2019 | Posted in Canadian Economy and Housing Market by Kit Blott
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go down. ... More

Real Estate & Mortgage News

  10/2/2018 | Posted in Canadian Economy and Housing Market by Kit Blott
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Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More

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  8/8/2018 | Posted in Canadian Housing Market by Kit Blott
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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on Wednesday. ... More

Real Estate & Mortgage News

  7/25/2018 | Posted in Ontario Real Estate by Kit Blott
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While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More

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  7/4/2018 | Posted in Foreign Buyers by Kit Blott
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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC. ... More

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  5/14/2018 | Posted in Mortgages and Real Estate by Kit Blott
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Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected. ... More

Real Estate & Mortgage News

  11/14/2017 | Posted in Mortgages and Real Estate by Kit Blott
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With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More

Real Estate & Mortgage News

  10/26/2017 | Posted in Real Estate Market by Kit Blott
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A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods. ... More

Real Estate & Mortgage News

  9/27/2017 | Posted in Ontario Real Estate by Kit Blott
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In spite of recent scares regarding their values, detached houses remain the strongest real estate investment to be had in the GTA. ... More

Real Estate & Mortgage News

  9/6/2017 | Posted in Toronto Real Estate by Kit Blott
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A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More

Real Estate & Mortgage News

  8/22/2017 | Posted in Mortgages and Real Estate by Kit Blott
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Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More

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  8/16/2017 | Posted in Ontario Real Estate by Kit Blott
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Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing. ... More

Real Estate & Mortgage News

  8/15/2017 | Posted in Real Estate Market by Kit Blott
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017. ... More

Real Estate & Mortgage News

  7/17/2017 | Posted in Real Estate Market by Kit Blott
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017. ... More

Real Estate & Mortgage News

  7/7/2017 | Posted in Real Estate News by Kit Blott
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Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More

Real Estate & Mortgage News

  6/22/2017 | Posted in Real Estate Market by Kit Blott
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We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations. ... More

Real Estate & Mortgage News

  6/19/2017 | Posted in Mortgages and Real Estate by Kit Blott
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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More

Real Estate & Mortgage News

  6/15/2017 | Posted in Real Estate News by Kit Blott
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

Real Estate & Mortgage News

  6/12/2017 | Posted in Real Estate Market by Kit Blott
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The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... More

Real Estate & Mortgage News

  5/16/2017 | Posted in Ontario Real Estate by Kit Blott
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Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect. ... More

Real Estate & Mortgage News

  5/15/2017 | Posted in Real Estate Market by Kit Blott
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More

Real Estate & Mortgage News

  5/11/2017 | Posted in Financial Health by Kit Blott
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Moody’s has downgraded its ratings for six Canadian banks due to their exposure to risk from high house prices and household debt. ... More

Real Estate & Mortgage News

  5/11/2017 | Posted in Real Estate Market by Kit Blott
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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according to ... More

Real Estate & Mortgage News

  5/2/2017 | Posted in Toronto Real Estate by Kit Blott
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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit at ... More

Real Estate & Mortgage News

  4/25/2017 | Posted in Real Estate Market by Kit Blott
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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More

Real Estate & Mortgage News

  4/19/2017 | Posted in Toronto Real Estate by Kit Blott
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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More

Real Estate & Mortgage News
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