Real Estate Prices Slow Down in Canada



Last year, real estate prices in Canada reached an all-time high, but an article in the Huffington Post Canada points out that this year could be a very different story. This is at least in part due to new mortgage rules combined with higher mortgage rates.

Toronto Is Fast Becoming As Pricey As Vancouver



According to a recent article in CBC.ca, the Toronto real estate market is fast becoming as unaffordable as Vancouver. The article assessed a study by the Royal Bank of Canada, as its third-quarter affordability index showed 63.7% of

Canadian Home Prices See Biggest Year-on-Year Gain Since 2010



The latest data from the Canadian Real Estate Association shows prices were up by 13.1%, which is the biggest gain since May 2010. Nationally, the number of home sales in Canada rose by 3.1% from March to April. According to the article in Propertywire, sales increased in April compared to the previous month in about […]

Toronto Real Estate Vulnerability Comparatively High



A recent report by TD Economics rates the vulnerability of the real estate market in Toronto as being at a comparatively high risk of sudden price falls. According to the article in CTV news.ca, the report is suggesting that if supply exceeds demand, then Toronto which is Canada’s largest city could be at risk of […]

Canadian Property Sales Increase for Third Consecutive Month



Figures from the Canadian Real State Association show home sales throughout Canada increased in April for the third consecutive month. Sales rose by 2.3% from March to April and sales activity was up 10% on levels year ago, although this figure is not seasonally adjusted. The Canadian Real Estate Association home price index increased by […]

Canadian House Prices and Sales Increase



The latest report from the Canadian Real Estate Association shows that sales in Canada rose by 4.1% from February to March. The average sales price also increased but these figures are skewed by growth in Toronto and Vancouver. According to the report in Propertywire, the national average sale price increased by 9.4% year on year […]

Canadian Real Estate More Attractive to Foreign Investors



Real estate in Canada is already expensive in property hotspots like Vancouver and Toronto, but it’s thought there could be an increase in foreign investment this year. Over the last six months the loonie has fallen about 10% against the US dollar and this is likely to increase interest from foreigners. While some major markets […]

Canadian Real Estate Sales Increase in October



The Canadian Real Estate Association has just released its statistics for October which showed sales activity is now at its highest level since January. National sales activity for the month was in line for the ten-year average, as are year-to-date sales. The number of newly listed homes has changed very little during the last three […]

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