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International

Canadians May Have to Get Used to Flat Home Prices

By Allison Halliday | June 26, 2018
Over the past few years, home prices in Canada have steadily increased, and especially each spring as the weather warms up. However, this year was an exception
International

Real Estate Prices Slow Down in Canada

By Allison Halliday | January 17, 2017
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.
International

Toronto Is Fast Becoming As Pricey As Vancouver

By Allison Halliday | January 3, 2017
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
International

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

By Allison Halliday | May 25, 2016
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 […]
International, Real Estate

New Housing Starts in Canada Surged in September

By Allison Halliday | October 15, 2015
Last month, the number of new housing starts in Canada surged unexpectedly. The prices of new homes also rose substantially in August, extending the housing boom in Canada in spite of concerns about weakness in other areas of the economy. The seasonally adjusted rate for ground breaking for new homes increased to 230,701 in September […]
International, Real Estate

Canadian Real Estate Market Expected to Slow Slightly

By Allison Halliday | August 22, 2015
A recent report by RBC Economics anticipates that the real estate market in Canada will begin to slow slightly next year as interest rates increase. However the report thinks the risk of an outright crash is low as it is expecting the economy to grow. There is a possibility that things could be different if […]
International, Real Estate

Economist Predicts Vancouver, Toronto Price Corrections of 30%

By Allison Halliday | August 4, 2015
An economist from Capital Economics is predicting that property prices in Vancouver and Toronto could fall by as much as 30%. However this is the same economist who predicted prices would drop by 25% in these same cities in 2011. That price drop has yet to materialize but it hasn’t stopped David Madani from making […]
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