Ground-oriented housing starts gaining strength in Toronto Image

Ground-oriented housing starts gaining strength in Toronto

According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, national starts trended at 223,507 units in September 2019, up slightly from 218,782 in August.

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Detached housing starts trending higher despite rising prices Image

Detached housing starts trending higher despite rising prices

The Canada Mortgage and Housing Corporation released its monthly housing starts data for August 2019, reporting the trend reaching 218,998 units, up from the 208,931 in July. The trend is a six month moving average of seasonally adjusted annual rates.

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Am I contributing to the housing supply shortage by not downsizing? Image

Am I contributing to the housing supply shortage by not downsizing?

Will aging baby boomers really prevent millennials from moving up and buying single-family homes in Toronto? A new report from the Canada Mortgage and Housing Corporation suggests this will happen. 

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Canadian housing starts trend upwards as construction slows in Toronto Image

Canadian housing starts trend upwards as construction slows in Toronto

Canadian housing starts trended at 208,970 units in July 2019, compared to 205,765 in June. The trend is a six month moving average of seasonally adjusted annual rates (SAAR).

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Canadian housing market maintains moderate degree of vulnerability Image

Canadian housing market maintains moderate degree of vulnerability

It looks like Canada’s housing market is finally balancing out, according to the latest Housing Market Assessment from the Canada Mortgage and Housing Corporation. 

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3 reasons why the mortgage stress test should not change (for now) Image

3 reasons why the mortgage stress test should not change (for now)

The mortgage stress test has been a hot topic since it was first introduced in 2018. Some in the real estate industry believe the policy has done its job and it’s time to revise it, and some believe it should remain the way it is. 

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Should we be worried about the increase in mortgages with alternative lenders? Image

Should we be worried about the increase in mortgages with alternative lenders?

Government policy like the mortgage stress test was introduced to cool Canada’s housing market, which it did, but some buyers have decided to simply go a different route, and it could be bad for the overall health of the market. 

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Toronto housing starts remain steady through June Image

Toronto housing starts remain steady through June

According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, on a national level, starts trended up in June 2019 with 205,838 units, compared to 200,530 in May.

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Housing variety is key to improving affordability Image

Housing variety is key to improving affordability

There's a change in the air. There’s talk of prefab housing being piloted to combat homelessness. Laneway suites will soon be popping up across all of Toronto. Sidewalk Labs unveiled plans for mass timber building designs and prefab construction.

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Toronto homebuyers blame population growth for soaring housing prices Image

Toronto homebuyers blame population growth for soaring housing prices

Housing prices are considered high in the Greater Toronto Area, and many of the professionals in the industry blame the lack of supply. Turns out that’s not how homebuyers see it. 

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