Real Estate News, Articles, Reports, Analysys & Trends

4/16/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

In a report to clients Thursday, TD Senior Vice-President and Chief Economist Beata Caranci said that ultimately, rock-bottom interest rates are to blame and warned against any ... More

Real Estate & Mortgage News

4/16/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash ... More

Real Estate & Mortgage News

4/15/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

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 ... More

Real Estate & Mortgage News

4/15/2021 | Posted in Rental Market by Eileen Farrow
SHARE

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 ... More

Real Estate & Mortgage News

4/14/2021 | Posted in Home Owners by Eileen Farrow
SHARE

According to Equifax, last year there were 900,000 deferred mortgages and 1.2 million deferred credit card payments.

... More

Real Estate & Mortgage News

4/14/2021 | Posted in Commercial Real Estate by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/11/2021 | Posted in Mortgage Interest Rates by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/13/2021 | Posted in First Time Home Buyers by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/13/2021 | Posted in Canadian Housing Market Predictions by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/10/2021 | Posted in Commercial Real Estate by Eileen Farrow
SHARE

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

4/12/2021 | Posted in Canadian Economy and Housing Market by Eileen Farrow
SHARE

In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country.

... More

Real Estate & Mortgage News

4/6/2021 | Posted in Commercial Real Estate by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/8/2021 | Posted in Home Buyers by Eileen Farrow
SHARE

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

4/8/2021 | Posted in Home Buyers by Eileen Farrow
SHARE

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 Eileen Farrow
SHARE

Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages.

... More

Real Estate & Mortgage News

4/6/2021 | Posted in Toronto Real Estate by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/6/2021 | Posted in GTA Real Estate by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

3/31/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

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

Real Estate & Mortgage News

4/1/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

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

4/5/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

Feds face pressure over hot housing market ahead of 2021 budget

... More

Real Estate & Mortgage News

4/2/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

Lumber supply is low, but demand keeps rising as homeowners nest during the pandemic

... More

Real Estate & Mortgage News

3/27/2021 | Posted in Toronto Real Estate by Eileen Farrow
SHARE

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 ... More

Real Estate & Mortgage News

3/30/2021 | Posted in Luxury Real Estate by Eileen Farrow
SHARE

Sales of homes valued at $4 million or more in the Greater Toronto Area saw a 157 per cent jump in activity.

... More

Real Estate & Mortgage News

3/30/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets.

... More

Real Estate & Mortgage News

3/30/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory

... More

Real Estate & Mortgage News

3/30/2021 | Posted in Mortgages and Real Estate by Eileen Farrow
SHARE

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 Eileen Farrow
SHARE

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

3/26/2021 | Posted in Home Owners by Eileen Farrow
SHARE

Canadians have great expectations when it comes to using their homes to feather their retirement nest eggs.

... More

Real Estate & Mortgage News

3/25/2021 | Posted in Canadian Housing Market by Eileen Farrow
SHARE

Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

Real Estate & Mortgage News

3/25/2021 | Posted in Mortgages and Real Estate by Eileen Farrow
SHARE

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
Ask Eileen Farrow

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 3 + 5 =