Housing Market Canada

Why Canada's New Mortgage Rule Won't Cool Overheated Markets

CBC | Posted 02.11.2017 | Canada Business

The majority of the impact will fall on first-time buyers.

Canadian Homes 20% Overvalued, Correction Coming: Fitch

The Huffington Post Canada | Daniel Tencer | Posted 07.21.2015 | Canada Business

Some parts of Canada have seen runaway house price growth so far this year, but Fitch ratings agency says all that is coming to an end soon. The ag...

Half Of Canada's Housing Markets Now ‘Very Weak': BMO

The Huffington Post Canada | Daniel Tencer | Posted 03.17.2015 | Canada Business

Even as the Bank of Montreal lowers mortgage rates in what has become a traditional springtime mortgage rate war, the bank’s research division is wa...

Canada's Most, Least Affordable Housing Markets

The Huffington Post Canada | Daniel Tencer | Posted 11.03.2014 | Canada Business

Congratulations, residents of Windsor, Ont., you have Canada’s most affordable housing market. That’s according to a new survey from Desjardins...

Moody's Frets About Canada's 'Particularly Inflated' Housing

CP | Andy Blatchford, The Canadian Press | Posted 12.20.2014 | Canada Business

OTTAWA - Canada is maintaining its triple-A credit rating thanks to a steady economic outlook, but the country also faces potential risks amid mountin...

Canadian Building Permits PLUNGE

The Huffington Post Canada | Posted 10.07.2014 | Canada Business

Building permits plummeted by 27.3 per cent in August, StatsCan reported Tuesday, suggesting a pullback in construction in the coming months. Econo...

This Is Where House Prices Are Falling In Canada

The Huffington Post Canada | Posted 09.16.2014 | Canada Business

The headlines are clear: Canada’s long-running housing boom shows no signs of ending, with sales rising yet again, by 1.8 per cent, in August. T...

BMO Starts Another Mortgage War

CP | Linda Nguyen, The Canadian Press | Posted 11.10.2014 | Canada Business

TORONTO - The Bank of Montreal has slashed its five-year fixed mortgage rate to 2.99 per cent in a move that some real estate experts say will soon fo...

Buying A House Is All In Your Head

BuzzBuzzHome | Brittany Devenyi | Posted 08.22.2014 | Canada Business

BuzzBuzzHome: During a viewing appointment in late July, Antonios Tsatsakis cracked open the door of a two-bedroom suite in Toronto, and was greeted b...

Soaring Prices 'Extremely Discouraging' For First-Time Buyers

CBC | Posted 06.22.2014 | Canada Business

Many experts believed that the real estate market was cooling. But as the spring buying season begins, it’s clear that’s not true. According to ...

Suddenly, Canada's Housing Market Doesn't Look So Healthy

The Huffington Post Canada | Posted 04.08.2014 | Canada Business

Canada's residential real estate markets showed signs of a sharp slowdown in the first quarter of the year, with housing starts plummeting in March to...

IMF Warns Canada On Housing, Debt

CP | Julian Beltrame, The Canadian Press | Posted 06.08.2014 | Canada Business

OTTAWA - The International Monetary Fund has again upgraded its projection for Canada's economy, but the latest outlook from the international financi...

Bad Weather Can't Stop It

CP | The Canadian Press | Posted 05.10.2014 | Canada Business

OTTAWA - Canada Mortgage and Housing Corp. says the pace of housing starts picked up last month, ending a string of modest declines that began in Nove...

Signs Of Slowing

CP | Craig Wong, The Canadian Press | Posted 03.11.2014 | Canada Business

OTTAWA - Canadian housing construction showed signs of slowing at the end of last year as the pace of residential starts slipped and plans by builders...

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.

Where Is It All Headed?

CP | Linda Nguyen, The Canadian Press | Posted 02.19.2014 | Canada Business

TORONTO - After months of scouring online listings and visiting half a dozen open houses, Mike Lock and his wife became discouraged, convinced that th...

Look How Much House Prices Have Soared

CP | The Canadian Press | Posted 02.15.2014 | Canada Business

OTTAWA - The national average house sale price rose 9.8 per cent on a year-over-year basis in November, the Canadian Real Estate Association said, whi...

World's Most Overvalued Housing

CP/The Huffington Post Canada | Posted 01.25.2014 | Canada Business

Canada has the most overvalued housing market among 20 developed countries, says a report from Deutsche Bank. The new report comes as real estate g...

Five Tips For Selling a Home Privately

Nathan Dautovich | Posted 01.25.2014 | Canada Business
Nathan Dautovich

Canadians are using alternative services when selling their homes. I've been working for five years in Toronto helping people to sell their homes privately, and in this time I've learned what works, and more importantly, what doesn't work.

How To Price Your Home For Sale

Nathan Dautovich | Posted 01.23.2014 | Canada Business
Nathan Dautovich

When selling a house, pricing it correctly is one of the most important steps. If the house is priced too high, it can linger on the market for months without any chance of selling. Even worse, if the price is too low, it will certainly sell, but the seller could be leaving tens of thousands of dollars on the table.

How Emotions Drive the Real Estate Market

Nathan Dautovich | Posted 12.25.2013 | Canada Business
Nathan Dautovich

If anything, the housing market has improved, with prices consistently going up and properties selling at a good rate. Why have all these experts been wrong? It isn't all about dollars and cents and what can give the best return on investment. Instead, emotions play a large role in the home-selling process, and they may ultimately prevent or at least delay any slowdown in Canadian real estate.

No More Interfering In The Housing Market

CBC | Posted 10.21.2013 | Canada Business

Finance Minister Jim Flaherty said today he is satisfied with the measures his government has already taken to calm the housing market and he has "no ...

Calm Before The Storm?

CP | Julian Beltrame, The Canadian Press | Posted 10.11.2013 | Canada Business

OTTAWA - Canada's much-watched housing market is sending out mixed signals these days — even for analysts.A spate of fresh data and yet one more mar...

What Housing Prices Do to the Canadian Psyche

Doug O. Jones | Posted 10.06.2013 | Canada Business
Doug O. Jones

A radical deceleration in house prices could have a comparable impact upon people's psyches, let alone their finances. After years of unbridled appreciation in the value of their primary asset (.ie. their home), many have developed an ardent confidence based upon the expectation of a continuance of this trend.

Look What A 1% Mortgage Hike Will Do

The Huffington Post Canada | Daniel Tencer | Posted 07.04.2013 | Canada Business

Canada’s banks have declared a “soft landing” for the housing market, noting with evident relief that home sales in markets like Vancouver and C...