Real Estate News, Articles, Reports, Analysys & Trends

9/22/2022 | Posted in Canadian Housing Market by Sheru Asnani
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10 million households own their home, while 5 million rent. But the gap is narrowing.

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Renting is growing twice as fast as home ownership, census reveals

9/21/2022 | Posted in Home Owners by Sheru Asnani
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Significant slowdown in housing, bond, and equity markets had a major influence on Q2 figures

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RBC on the state of Canada's household wealth

9/20/2022 | Posted in Rental Market by Sheru Asnani
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Having been on an upward trend since early last year, average rent prices have now eclipsed pre-pandemic levels.

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Canadian rent prices reach a three-year high, up 17% from pandemic lows

9/20/2022 | Posted in Canadian Housing Market by Sheru Asnani
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its ... More

Teranet-National Bank House Price Index: Record price drop in August

9/19/2022 | Posted in Canadian Housing Market by Sheru Asnani
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"It's abundantly clear where the worst spots are," says BMO economist

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Which Canadian cities are seeing home prices fall the fastest?

9/14/2022 | Posted in Home Buyers by Sheru Asnani
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Despite today’s mortgage borrowers having to qualify at rates in excess of 6% and 7%, Canada’s banking regulator said no changes to the stress test are ... More

OSFI has no plans to loosen the stress test

9/16/2022 | Posted in New Developments by Sheru Asnani
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A decline in multi-unit urban starts contributed to a slower month overall, according to the latest data from CMHC.

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Canada housing starts drop in August

9/14/2022 | Posted in Interest Rates by Sheru Asnani
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TD Securities and Scotiabank's top economists think there’s more room to run for the Bank of Canada as it increases interest rates from the pandemic ... More

Interest rates: TD, Scotia see Bank of Canada heading to 4%

9/15/2022 | Posted in Commercial Real Estate by Sheru Asnani
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Despite ongoing economic uncertainty, Canada remains a good place to invest according to senior executives who closed the Sept. 8 RealREIT conference in Toronto with a ... More

CRE investment outlook good, but less capital available

9/15/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022.

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Canadian home sales post small decline from July to August

9/12/2022 | Posted in Canada Living by Sheru Asnani
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New data from Statistics Canada shows that Canadians are sliding deeper into debt.

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Canadians are falling deeper into debt: Statistics Canada

9/9/2022 | Posted in Home Buyers by Sheru Asnani
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Renewed calls to re-evaluate the stress test came in the wake of the Bank of Canada's latest outsized rate hike

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Canadian banking regulator insists it will not budge over mortgage rules

9/8/2022 | Posted in Home Buyers by Sheru Asnani
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In a country where the Big Six banks control 80 per cent mortgage market share, Canada’s smaller lenders are making some rare headway after the Bank of Canada’s ... More

Canadians turning to credit unions for mortgages as interest rates jump

9/7/2022 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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The Bank of Canada has increased its benchmark rate by 0.75%, marking a fifth consecutive hike in its latest effort to get surging price growth under control.

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Bank of Canada announces another big rate hike

9/7/2022 | Posted in Canada Living by Sheru Asnani
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Overall consumer debt hit a new record high in the second quarter and some people may be overwhelmed by inflation.

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Millions of Canadians could default on debts warns TransUnion

8/30/2022 | Posted in Ontario News by Sheru Asnani
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Ontario’s population could increase by as much as six million over the next two decades and some experts are warning that governments need to start “playing catch ... More

Ontario's population could grow by more than six million over the next two decade

9/5/2022 | Posted in Interest Rates by Sheru Asnani
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Toronto home sales bounced 11% in August from the previous month.

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Interest rates may need to rise above 4% as housing market bounces back: BMO

8/31/2022 | Posted in Home Owners by Sheru Asnani
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More and more Canadians are drawing on the wealth represented by their homes.

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HELOC debt continues to rise in Canada

8/8/2022 | Posted in Mortgages and Real Estate by Sheru Asnani
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There has been a lot of discussion recently about how variable-rate mortgage holders could face their “trigger point.” We’re going to explore what that means, ... More

Variable-rate mortgages are about to trigger payment increases

8/31/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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If CIBC economists are correct, the Bank of Canada’s expected rate hike next week will be its last of this rate-hike cycle.

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The Bank of Canada's September rate hike will be its last: CIBC

9/4/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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All eyes will be on the Bank of Canada’s interest rate decision this week, which some say could be its last increase of the year, and perhaps of this rate cycle.

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Bank of Canada preview: A 100-bps rate hike can't be ruled out

9/2/2022 | Posted in GTA Real Estate by Sheru Asnani
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There were 5,627 home sales reported through the Toronto Regional Real Estate Board’s (TRREB) MLS® System in August 2022, representing a year-over-year dip of 34.2 ... More

Borrowing Costs and Housing Supply Impacting The GTA Real Estate Market

8/25/2022 | Posted in Canadian Housing Market by Sheru Asnani
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue.

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How likely is a Canadian housing crash?

8/23/2022 | Posted in New Developments by Sheru Asnani
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Monthly price gains are at their lowest in two years

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StatCan highlights slowdown in home price growth

8/19/2022 | Posted in Commercial Real Estate by Sheru Asnani
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Consumers are increasingly confident in the market’s stability and prospects according to a new report.

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GTA commercial market continues to surge

8/19/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics.

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Demographics a powerful counterforce in Canada's housing market correction

8/16/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.

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CMHC reports annual pace of housing starts up 1.1 per cent in July

7/28/2022 | Posted in Commercial Real Estate by Sheru Asnani
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Following a volatile first quarter, office market conditions are starting to steady in the second quarter of 2022.

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Q2 2022: Office assets see slow but steady recovery halfway into 2022 while heightened cautiousness is noted in investor sentiment amongst interest rate hikes

8/14/2022 | Posted in Home Buyers by Sheru Asnani
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Housing affordability deteriorated to its worst level in over 30 years, according to data from the Bank of Canada.

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BoC's Affordability Index reaches its worst level since 1991
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