Year starts with a slight jump in Canadian home sales Image

Year starts with a slight jump in Canadian home sales

The Canadian Real Estate Association released its monthly national home sales figures for January 2019, reporting a slight increase in activity.

Read More
No Valentine? Here’s where single buyers can afford a home in Canada Image

No Valentine? Here’s where single buyers can afford a home in Canada

With home prices climbing stratospherically over the last five years and a mortgage stress test now in place, homebuyers are seeing their purchasing power chopped more than ever - especially young families and first-time buyers.

Read More
Canadian housing market still highly vulnerable as overvaluation eases in Toronto Image

Canadian housing market still highly vulnerable as overvaluation eases in Toronto

The Canada Mortgage and Housing Corporation released its quarterly Housing Market Assessment, reporting that the country’s housing market overall is still highly vulnerable, mostly due to price acceleration and overvaluation. 

Read More
Buyers vs. Sellers: Who will win the detached home market? Image

Buyers vs. Sellers: Who will win the detached home market?

There was a story in the Vancouver Sun recently about a detached home listed for just under $1 million. With single-family home prices falling in the area, could the detached homes actually tumble to an affordable price?

Read More
Toronto among the least affordable housing markets in the world Image

Toronto among the least affordable housing markets in the world

The 15th Annual Demographia International Housing Affordability Survey: 2019 was recently released, rating middle-income housing affordability with third quarter 2018 data. Once again, Toronto is found among the least affordable cities in the world. 

Read More
Baby boomers and millennials fuelling the luxury condo market Image

Baby boomers and millennials fuelling the luxury condo market

The 2018 RE/MAX Spotlight on Luxury Report was released recently, reporting a significant drop in luxury detached home sales in Toronto and Vancouver. But, the luxury condo market is going strong.

Read More
You have to work 6 years to afford a 650 square foot home in Toronto Image

You have to work 6 years to afford a 650 square foot home in Toronto

The UBS Global Real Estate Bubble Index 2018 was released last week, ranking Toronto third on a list of housing markets at risk of a bubble burst.

Read More
Luxury Toronto real estate expected to heat up this fall Image

Luxury Toronto real estate expected to heat up this fall

Sotheby’s International Realty Canada just released its top-tier housing figures for July and August, reporting on the Greater Toronto Area, Vancouver, Calgary, and Montreal.

Read More
Housing prices in Vancouver dropping due to greater supply (and it might be a good thing) Image

Housing prices in Vancouver dropping due to greater supply (and it might be a good thing)

Toronto real estate and Vancouver real estate get compared a lot, mostly because they’re the hottest housing markets in Canada. What we’re seeing in Vancouver that we’re not seeing in Toronto right now is the uptick in resale home listings.

Read More
More than a quarter of GTA residents hoping for major housing crash Image

More than a quarter of GTA residents hoping for major housing crash

The Angus Reid Institute released the results of its Pain Index for Metro Vancouver and the Greater Toronto Area, reporting that housing affordability has replaced transit as the top concern for most GTA residents.

Read More

Follow NewInHomes.com