Canada Housing Market

Why a Sub-Prime Mortgage Isn't Always a Bad Idea

Samantha Brookes | Posted 09.29.2015 | Canada Business
Samantha Brookes

With home prices perpetually climbing higher and with banks continuing to tighten lending standards, more and more people are being pushed into the sub-prime space when applying for a mortgage, which requires higher interest rates and often more stringent repayment terms.

Mayors Call On Federal Parties To Make Housing A Campaign Issue

CP | The Canadian Press | Posted 09.24.2015 | Canada Politics

The mayors of some of Canada's largest cities have called on federal parties to make commitments to affordable housing.

Are Homes Really Too Expensive or Are Your Expectations Too High?

Ben Myers | Posted 09.10.2015 | Canada Business
Ben Myers

Do buyers in the GTA housing market have unrealistic expectations? What is fair when it comes to affordability? I remain convinced that a single-detached home will remain beyond the reach of most people in Toronto, simply due to market fundamentals -- so we'll all have to readjust our expectations. This is where we have a problem. If people are not willing to settle on the type of residence (i.e. condo vs. single-family) or the unit size, prospective buyers are going to really feel the sting of unaffordability.

First-Time Buyers Aren't Tapping Mom And Dad Like We Thought

The Huffington Post Canada | Jesse Ferreras | Posted 06.09.2015 | Canada Business

How many of us actually are?

Sunny Freeman

Canada's Riskiest Housing Markets Aren't In Toronto Or Vancouver | Sunny Freeman | Posted 04.30.2015 | Canada Business

Canada’s riskiest housing markets are not in the booming metropolises of Vancouver and Toronto, but smaller Prairie cities Winnipeg and Regina, acco...

Sunny Freeman

Real Estate Market Has Officially Hit A Soft Landing: Royal LePage | Sunny Freeman | Posted 04.15.2015 | Canada Business

It was fun for home owners while it lasted.

The Canadian Housing Bubble: It's Not All About The House

Vanessa Routley | Posted 03.08.2015 | Canada Business
Vanessa Routley

Armchair economists from Toronto to Vancouver are debating the existence of a housing bubble, and I'm not taking sides. Maybe there is a bubble and maybe there isn't. But if you've been thinking about your worst-case scenario, you're in good company.

22 Of The Most Eye-Popping Homes In Canada

The Huffington Post Canada | Jesse Ferreras | Posted 12.31.2014 | Canada Business

It's been an active year for real estate in Canada. Huffington Post Canada profiled some incredible properties this year. From a ski-in/ski-out hom...

CMHC Data Shows Single Women, Mothers Need Better Places To Live

The Huffington Post Canada | Jesse Ferreras | Posted 11.21.2014 | Canada Business

When it comes to housing in Canada, no one is in worse shape than single women and mothers. That's according to data released by the Canada Mortgag...

Canadian Housing Starts Slow Down

CP | The Canadian Press | Posted 01.10.2015 | Canada Business

OTTAWA - The pace of new home starts in Canada slowed in October due to less construction of multiple-unit homes including condominiums, Canada Mortga...

It Is Now Cheaper To Buy Rome's Best Real Estate Than Toronto's Or Vancouver's

The Huffington Post Canada | Jesse Ferreras | Posted 11.10.2014 | Canada Business

Residents of Toronto and Vancouver ought to ask themselves why they're still living in those cities, when they could buy prime Roman real estate for c...

Canadians Too Exposed To Real Estate Risks: Bank Of Canada Official

The Huffington Post Canada | Jesse Ferreras | Posted 11.06.2014 | Canada Business

Canada's real estate market may rest on solid regulatory ground, but taxpayers are nevertheless exposed to too much risk, a Bank of Canada official wa...

IMF Warns Canada Over Pricey Housing Market

The Huffington Post Canada | Posted 10.08.2014 | Canada Business

The International Monetary Fund (IMF) is reminding Canada that its overvalued housing market remains a vulnerability, even as it expects the economy t...

SURPRISE! Canada's Home Prices Rise Again

CP | The Canadian Press | Posted 11.15.2014 | Canada Business

OTTAWA - The Canadian Real Estate Association raised its home sales forecast Monday on the back of stronger than expected sales in recent months follo...

Sunny Freeman

Foreigners Are Taking Over Canadian Real Estate. Definitely. Maybe. | Sunny Freeman | Posted 09.11.2014 | Canada Business

The housing market is so inflated that the international community warns of a bubble ready to burst and locals fret that soaring prices have p...

This One City Dominates Housing Construction In Canada

BuzzBuzzHome | Posted 07.18.2014 | Canada Business

BuzzBuzzHome: At the end of Q2-2014, there were 213,683 homes being built across Canada’s 10 busiest new residential construction markets. Natura...

Price Difference Between Condos And Houses In Canada Just Got Bigger

BuzzBuzzHome | Monika Warzecha | Posted 07.16.2014 | Canada Business

BuzzBuzzHome: The price gap between a standard two-storey house and condo in Vancouver just hit $712,027. If you had that kind of money sitting in the...

Sunny Freeman

Six Key Reactions About Canada's Housing Market Report | Sunny Freeman | Posted 07.15.2014 | Canada Business

The average Canadian home price jumped an annual 6.9 per cent in June, suggesting that the market is still on a tear that has long passed the real est...

Sunny Freeman

Canada's Housing Market Is Massively Overvalued, Ratings Agency Warns | Sunny Freeman | Posted 07.14.2014 | Canada Business

Ottawa may need to step in again to cool an overheated housing market that is showing no signs of slowing, according to a global credit rating agency....

First-Time Home Buyers Willing To Fork Over More: Report

CP | The Canadian Press | Posted 05.18.2014 | Canada Business

TORONTO - A Bank of Montreal report on first-time home buyers says the average budget has increased to $316,100.That's up nearly six per cent from an ...

West Alberta Vs. The Rest

The Huffington Post Alberta | Posted 03.14.2014 | Canada Alberta

Alberta's housing market is set to surge in 2014, making it a rare bright spot in a country where markets have generally stagnated, says a new report....

5 Predictions For the 2014 Toronto Housing Market

Nathan Dautovich | Posted 03.04.2014 | Canada Business
Nathan Dautovich

Now that 2014 is here, let's take a look at my top five predictions for what will happen in the Toronto housing market in 2014.

A Cause For Concern: BoC

CP | Julian Beltrame, The Canadian Press | Posted 02.09.2014 | Canada Business

OTTAWA - The Bank of Canada is again flagging Canada's overheated housing market and sky-high household debt as the biggest domestic threats to the ec...

Real Estate: Is it Better to Buy First or to Sell First?

Nathan Dautovich | Posted 02.05.2014 | Canada Business
Nathan Dautovich

I get asked all the time by prospective home sellers whether they should sell their home first and then buy, or whether they should buy first and then sell. The short answer is that there is no right decision, and there are advantages and disadvantages to both options.

Gen Y Struggles In Housing Market

CBC | Posted 01.23.2014 | Canada Business

Some of Generation Y is rebelling against an uphill battle of purchasing affordable homes or securing reasonable rentals by moving into non-traditio...