Lower mortgage rates spur brighter outlook for resale housing market
With a strong summer coming to an end, the Canadian Real Estate Association updated its resale housing market forecast with a slightly more positive outlook for the rest of 2019 and beginning of 2020.
Do we really need government intervention to cool the housing market?
Arguably second only to talking about the weather, talking about real estate has become our national pastime. Are we in a bubble? Will it burst? How can we cool the market? Where is everybody going to live? How involved should the government be? Will the
GTA investors look to Fox Harb'r for their next vacation home
What started as Ron Joyce’s passion project for friends and family in his hometown community of Tatamagouche, Nova Scotia has transformed into one of Canada’s most promising real estate investment opportunities, and we had the privilege to see it all in
National average home price heavily skewed by Toronto and Vancouver
The Canadian Real Estate Association (CREA) released its national home sales statistics, announcing that home sales edged up in September 2017. When the CREA says sales increased in September, they mean from August 2017; sales went up by 2.1%. On a
April Home Sales Tops 50,000 for the Third Time Ever
The Canadian Real Estate Association (CREA) released its monthly national sales report for April 2015, announcing that the national average price for homes sold during the month was $448,862.This average sale price is 9.5% higher compared to the same
National Home Sales Climb Higher for Seventh Consecutive Month
The Canadian Real Estate Association (CREA) released its national monthly home sales figures, announcing a 1.8 percent increase in activity through Canada’s MLS Systems between July and August 2014.This marks the seventh consecutive monthly increase in
Is Toronto really at risk of a housing bubble burst?
Looks like Toronto is in housing bubble trouble again, according to the 2019 UBS Global Real Estate Bubble Index. Apparently, Toronto is at greater bubble risk than Hong Kong or Vancouver.
How to keep a cool head in your bidding war
You might think that homebuyers would keep a cool head when it comes to the biggest purchase they’ll ever make, but the bidding war frenzy that has become the norm in the GTA market says otherwise.So does a recent survey by the Real Estate Council of
TREB says a foreign-buyer tax would be ‘misguided’
The Toronto Real Estate Board (TREB) released its Market Year in Review & Outlook Report 2017, focusing on consumer intentions, affordability, supply, and foreign buyer activity. On behalf of TREB, Ipsos conducted a homebuyer survey in 2016 so the
Looking Back at a Pretty Good Year
This industry is vital — let’s face it, ours is not a manufacturing-based economy, nor an information-based economy. Right now, ours is a real estate-based economy.While the pundits continued this year to predict the imminent decline of the market, I’ve
