4/15/2018 | Posted in Home Buyers by Ron Hyde
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A recent survey conducted found that a growing proportion of Canadian homebuyers reported feeling pinched by the stress tests which came into effect January 2018. ... More

Real Estate & Mortgage News

  4/12/2018 | Posted in Canadian Housing Market by Ron Hyde
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The Teranet–National Bank National Composite House Price Index™  was unchanged in March – the first time outside a recession when the March composite index ... More

Real Estate & Mortgage News

  4/10/2018 | Posted in Canadian Housing Market by Ron Hyde
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The trend in housing starts was 226,842 units in March 2018, compared to 225,804 units in February 2018, according to Canada Mortgage and Housing Corporation (CMHC). This ... More

Real Estate & Mortgage News

  4/5/2018 | Posted in Home Buyers by Ron Hyde
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The results of a fresh study conducted by Royal Bank of Canada showed that fully 32% of Canadians are likely to buy a home in the next two years (up by 7% from last ... More

Real Estate & Mortgage News

  3/26/2018 | Posted in Canadian Housing Market by Ron Hyde
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Multiple factors including new mortgage rules and increasing interest rates made themselves felt in the Canadian housing market in February as prices declined in 7 out of 11 major ... More

Real Estate & Mortgage News

  3/25/2018 | Posted in Canadian Housing Market Predictions by Ron Hyde
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Canada's housing market is getting a big helping hand from house-hungry millennials, but that will come to an end in the next several years, bringing with it an era of ... More

Real Estate & Mortgage News

  3/19/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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Canada’s uninsured mortgage market reached an eight-year high in January as government steps to reduce taxpayer exposure to the housing market gain traction, according to ... More

Real Estate & Mortgage News

  3/15/2018 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by The Canadian Real Estate Association (CREA) show national home sales declined further in February 2018. ... More

Real Estate & Mortgage News

  3/14/2018 | Posted in Canadian Housing Market by Ron Hyde
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The Royal Bank of Canada (RBC) expects economic growth to slow down this year amid looming interest rates hikes and lower consumer spending. Its latest economic outlook pegs gross ... More

Real Estate & Mortgage News

  3/5/2018 | Posted in Mortgages and Real Estate by Ron Hyde
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Canada’s economy decelerated more than expected in the second half of last year, amid signs indebted households have begun slowing down spending. ... More

Real Estate & Mortgage News

  2/20/2018 | Posted in Canadian Housing Market by Ron Hyde
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The slow down in the Canadian housing market seen late in 2017 is likely to get worse before it improves according to RBC Economics. ... More

Real Estate & Mortgage News

  2/15/2018 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell sharply in January 2018. ... More

Real Estate & Mortgage News

  2/14/2018 | Posted in Canadian Housing Market by Ron Hyde
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In January the Teranet–National Bank National Composite House Price Index™  rose 0.3% from the previous month, a tic higher than the historical average for ... More

Real Estate & Mortgage News

  2/9/2018 | Posted in Canadian Housing Market by Ron Hyde
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Nearly 10% of mortgages issued in Vancouver and Toronto in 2016 went to non-permanent foreign residents aged under 25 years old, according to the Canada Mortgage and Housing ... More

Real Estate & Mortgage News

  1/25/2018 | Posted in Canadian Housing Market by Ron Hyde
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Canada remains one of the bright stars in the global real estate market despite a slowdown in 2018. ... More

Real Estate & Mortgage News

  1/22/2018 | Posted in Canadian Housing Market by Ron Hyde
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Canada’s real estate market will hit a slow patch in 2018 as tighter mortgage stress tests apply pressure and the impact could be exacerbated if an expected interest rate ... More

Real Estate & Mortgage News

  1/15/2018 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by The Canadian Real Estate Association (CREA), show national home sales continued to climb in December 2017. Home sales posted their fifth ... More

Real Estate & Mortgage News

  1/12/2018 | Posted in Canadian Housing Market by Ron Hyde
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In December the Teranet–National Bank National Composite House Price Index™  edged up 0.2% from the previous month, interrupting a three-month run of ... More

Real Estate & Mortgage News

  1/10/2018 | Posted in Canadian Housing Market by Ron Hyde
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Dubbed the 'Year of the Condo,' owning a piece of real estate in the sky proved the smartest bet last year, according to a new report released this morning. ... More

Real Estate & Mortgage News

  1/4/2018 | Posted in Canadian Housing Market by Ron Hyde
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What houses sold for in the past is hidden behind an MLS firewall but this may change and enable buyers to make better decisions ... More

Real Estate & Mortgage News

  12/28/2017 | Posted in Mortgages and Real Estate by Ron Hyde
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A close look at numbers from the Canadian Real Estate Association bodes well for the housing year ahead ... More

Real Estate & Mortgage News

  12/22/2017 | Posted in Canadian Housing Market by Ron Hyde
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Canadian mall owners are adding condos and apartments to their shopping centers, seeking to capitalize on a supply-constrained housing market while reducing exposure to a ... More

Real Estate & Mortgage News

  12/22/2017 | Posted in Mortgages and Real Estate by Ron Hyde
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Canadian home prices are expected to cool significantly next year as tighter mortgage rules come into effect and as further expected interest rate hikes are likely to dampen a ... More

Real Estate & Mortgage News

  12/21/2017 | Posted in Foreign Buyers by Ron Hyde
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Foreign buyers make up a minuscule portion of the overall housing market in this country, new research shows, but what they own is more expensive and newer than the average ... More

Real Estate & Mortgage News

  12/14/2017 | Posted in Canadian Housing Market by Ron Hyde
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose strongly in November 2017. ... More

Real Estate & Mortgage News

  11/22/2017 | Posted in Canadian Housing Market by Ron Hyde
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Few could have predicted the roller coaster that was the Canadian housing market in 2017. Here are 6 predictions for 2017 that ended up falling seriously short. ... More

Real Estate & Mortgage News

  11/19/2017 | Posted in Mortgages and Real Estate by Ron Hyde
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It will be more difficult to qualify for a mortgage in 2018, with experts saying it will slow the growth of housing in Canada. ... More

Real Estate & Mortgage News

  11/15/2017 | Posted in Real Estate Market by Ron Hyde
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels ... More

Real Estate & Mortgage News

  11/15/2017 | Posted in Real Estate Market by Ron Hyde
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In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the largest ... More

Real Estate & Mortgage News

  10/27/2017 | Posted in Real Estate Market by Ron Hyde
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Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”. ... More

Real Estate & Mortgage News