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.
Without Toronto and Vancouver, the average home price in Canada is below $400,000
Though it seemed like the housing market was heating up last spring, on a national level, activity was a bit less exciting, according to the latest monthly report from the Candian Real Estate Association.
Generation Z will soon have the most purchasing power
It looks like millennials have officially taken over the City of Toronto, but they won’t hold their top position long as Generation Z is on the rise.
Upper Mill Pond in Hamilton is the 55+ community you’ve been looking for
Is it time to downsize? Perhaps you’re trying to convince your parents to sell their large detached home and move into something more manageable and maintenance-free. You should tell them about Upper Mill Pond in Hamilton.
Canadian home sales remain strong through spring
According to the Canadian Real Estate Association, Canadian home sales increased 1.9% in May compared to April 2019, hitting the 10-year average for the month.
First-ever Passive House high-rise retrofit in Canada coming soon
Hamilton will soon be home to Canada’s first-ever residential tower retrofit that meets Passive House standards, surpassing Ontario’s building code in energy efficiency by leaps and bounds.
Canadian home sales bouncing back this spring!
The Canadian Real Estate Association released its housing figures for last month, reporting that sales on a national level increased 3.6% month-over-month, based on transactions reported through Canadian MLS systems.
Canadian housing starts trend upwards as Toronto construction takes a breather
The Canada Mortgage and Housing Corporation released its monthly housing starts figures for April 2019, reporting an upwards trend due to strong multi-unit starts.
Toronto still highly vulnerable as Canada’s housing market improves
In the Canada Mortgage and Housing Corporation’s quarterly Housing Market Assessment, the overall condition of Canada’s housing market moved from high risk to moderate risk, mostly due to an easing of price acceleration.
National home sales activity hits weakest monthly level since 2013
The Canadian Real Estate Association released its national home sales figures for March 2019, reporting a slight increase in activity.
