Real Estate News & Articles

4/15/2021 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in March 2021 as increased supply became available. ... More

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4/15/2021 | Posted in Rental Market by Ron Hyde
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Canadian policy makers need to take steps to increase housing supply, particularly rental stock, according to the chief executive officer of Canadian Imperial Bank of Commerce. ... More

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4/14/2021 | Posted in Home Owners by Ron Hyde
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According to Equifax, last year there were 900,000 deferred mortgages and 1.2 million deferred credit card payments. ... More

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4/14/2021 | Posted in Commercial Real Estate by Ron Hyde
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The central bank’s latest quarterly survey found that executives have become more optimistic when it comes to their sales and investment projections in the coming year, ... More

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4/13/2021 | Posted in First Time Home Buyers by Ron Hyde
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Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... More

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4/13/2021 | Posted in Canadian Housing Market Predictions by Ron Hyde
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The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More

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4/12/2021 | Posted in Canadian Economy and Housing Market by Ron Hyde
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In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country. ... More

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4/11/2021 | Posted in Mortgage Interest Rates by Ron Hyde
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With the lowest rates for five-year fixed mortgage products in Canada having risen last month for the first time since January 2020, speculation began to mount in the mortgage ... More

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4/10/2021 | Posted in Commercial Real Estate by Ron Hyde
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A huge shift to e-commerce means it may soon become nearly impossible for businesses to find places to store their goods. ... More

Real Estate & Mortgage News

4/8/2021 | Posted in Home Buyers by Ron Hyde
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Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

Real Estate & Mortgage News

4/8/2021 | Posted in Home Buyers by Ron Hyde
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Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages. ... More

Real Estate & Mortgage News

4/8/2021 | Posted in Home Buyers by Ron Hyde
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One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Real Estate & Mortgage News

4/6/2021 | Posted in Toronto Real Estate by Ron Hyde
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Canada's largest housing market logged another month of record sales and price gains in March. The head of the local real estate board is warning of potential unintended ... More

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4/6/2021 | Posted in GTA Real Estate by Ron Hyde
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For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and ... More

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4/6/2021 | Posted in Commercial Real Estate by Ron Hyde
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A new report indicates Canada's downtown office vacancy rate increased for the fourth consecutive quarter to reach 14.3 per cent as more properties became available in ... More

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4/2/2021 | Posted in Canadian Housing Market by Ron Hyde
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Lumber supply is low, but demand keeps rising as homeowners nest during the pandemic ... More

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4/1/2021 | Posted in Canadian Housing Market by Ron Hyde
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There are calls on policy-makers to take action to prevent a potential housing bubble due to prices going 'parabolic'. ... More

Real Estate & Mortgage News

3/31/2021 | Posted in Canadian Housing Market by Ron Hyde
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The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market. ... More

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3/30/2021 | Posted in Canadian Housing Market by Ron Hyde
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BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets. ... More

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3/30/2021 | Posted in Mortgages and Real Estate by Ron Hyde
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The national mortgage debt balance hit a new record high of $1.65 trillion in Q4 2020, according to data from Statistics Canada. ... More

Real Estate & Mortgage News

3/29/2021 | Posted in Commercial Real Estate by Ron Hyde
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Upward pressure on commercial asset values continues to dominate the nation’s largest cities, according to a new study by Colliers Canada. ... More

Real Estate & Mortgage News

3/27/2021 | Posted in Toronto Real Estate by Ron Hyde
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The housing market in Toronto keeps on accelerating to defy all odds, with small one bedroom condos selling for in the $700,000s after bidding wars, the average home price verging ... More

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3/26/2021 | Posted in Home Owners by Ron Hyde
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Canadians have great expectations when it comes to using their homes to feather their retirement nest eggs. ... More

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3/25/2021 | Posted in Canadian Housing Market by Ron Hyde
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Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

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3/25/2021 | Posted in Mortgages and Real Estate by Ron Hyde
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As many as 14% of millennials said that they have not been entirely truthful on a previous credit or loan application, compared to the national average of 7%, according to a ... More

Real Estate & Mortgage News

3/25/2021 | Posted in Canadian Housing Market by Ron Hyde
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The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More

Real Estate & Mortgage News

3/23/2021 | Posted in Toronto Real Estate by Ron Hyde
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After years of an impossibly tight Toronto vacancy rate, there were reports that the downtown had emptied out due to COVID pandemic, leaving unoccupied units and landlords ... More

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