9/16/2024 | Posted in Real Estate News by Eileen Farrow
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National home sales increased in June following the Bank of Canada's first interest rate cut since 2020, and activity posted another small gain in August on the heels of ... More

Canadian Housing Activity Remains in Holding Pattern

  6/10/2019 | Posted in Real Estate News by Eileen Farrow
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Cooling housing markets are being seen in many major cities across the developed economies.

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Cooler housing markets is a growing trend in developed economies

  9/13/2018 | Posted in Real Estate News by Eileen Farrow
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Canada’s mortgage industry saw slowing growth in the second quarter of 2018 as stress tests and rising interest rates made an impact.

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Mortgage growth slowed in Q2 says StatsCan

  6/25/2018 | Posted in Real Estate News by Eileen Farrow
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Some predict a demise of the traditional brick-and-mortar brokerage model as technology evolves, but realtors still provide value.

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Don't expect real estate agents to disappear any time soon

  11/26/2017 | Posted in Real Estate News by Eileen Farrow
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Real estate agents want to know if you've grown pot in your home.

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Marijuana legalization's effect on real estate in Canada

  10/31/2017 | Posted in Real Estate News by Eileen Farrow
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Ontario and B.C.'s finance ministers say they are open to the idea of a registry of pre- construction condominium sales as the Canada Revenue Agency ramps up efforts to ... More

Ontario, B.C. mull pre-construction condo sales registry amid CRA crackdown

  9/15/2017 | Posted in Real Estate News by Eileen Farrow
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

CREA Lowers National Resale Housing Market Forecast

  9/11/2017 | Posted in Real Estate News by Eileen Farrow
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in August increased compared with July

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Annual pace of housing starts in Canada sped up in August compared with July

  7/19/2017 | Posted in Real Estate News by Eileen Farrow
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The federal finance minister says steps taken to tame Canada's hottest housing markets have already helped slow down a sector he believes was moving at an unsustainable ... More

Suite of housing measures cooling market largely as expected: Morneau

  7/7/2017 | Posted in Real Estate News by Eileen Farrow
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Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More

Housing responsible for over 25% of Ontario's 2016 economic growth - report

  6/15/2017 | Posted in Real Estate News by Eileen Farrow
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More

CREA Updates Resale Housing Market Forecast

  4/10/2017 | Posted in Real Estate News by Eileen Farrow
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The annual pace of housing starts increased more than expected in March and hit their highest level since September 2007. The Canada ... More

Canada housing starts jump to highest in almost a decade, beating expectations

  3/20/2017 | Posted in Real Estate News by Eileen Farrow
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Ontario Finance Minister Charles Sousa is urging Ottawa to address speculative investing in the country's housing markets by changing how such profits are taxed.

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Ontario urging Ottawa to change tax rules in bid to curb real estate speculation

  3/8/2017 | Posted in Real Estate News by Eileen Farrow
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The pace of home construction in Canada picked up last month and a lot of the push came from Ontario, the federal housing agency said Wednesday, offering the latest evidence ... More

New home construction picks up, offering latest evidence of economic momentum

  2/12/2017 | Posted in Real Estate News by Eileen Farrow
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Canadian housing starts unexpectedly rose in January as Ontario saw a strong increase on ground breaking of new homes, suggesting home construction got off to a ... More

Canadian housing starts begin 2017 on a high, fuelled by Ontario

  12/7/2016 | Posted in Real Estate News by Eileen Farrow
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Foreign ownership of existing Canadian condominium units in Canada's three biggest cities has declined in 2016 compared with the previous two years, according to ... More

Foreign ownership of Canadian condos down from 2015: CMHC

  11/11/2016 | Posted in Real Estate News by Eileen Farrow
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The talk of an empty homes tax in Vancouver is to become a reality. The city council says that it will be introduced by January 1, 2017.

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Leaving a home empty in Vancouver to cost at least $10,000

  11/8/2016 | Posted in Real Estate News by Eileen Farrow
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Canada Mortgage and Housing Corp. says the pace of housing starts in October slowed compared with September.

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Pace of housing starts slips in October compared with September: CMHC

  11/1/2016 | Posted in Real Estate News by Eileen Farrow
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Five housing markets have been identified as the ones to watch in the coming year but not all of them are listed for positive reasons.

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These 5 housing markets are the ones to watch in 2017

  9/18/2016 | Posted in Real Estate News by Eileen Farrow
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New research from property consultancy Frank Knight places Turkey atop its Global House Price Index, which tracks countries’ average house price growth. ... More

Countries with the highest house price growth

  9/13/2016 | Posted in Real Estate News by Eileen Farrow
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Toronto’s new home prices are currently outpacing Vancouver but don’t pin that on speculative investing, according to one leading economist.

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Vancouver passes the torch to Toronto

  9/8/2016 | Posted in Real Estate News by Eileen Farrow
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Statistics Canada says its new housing price index rose 0.4 per cent in July compared with June.

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Statistics Canada releases new housing price index

  8/31/2016 | Posted in Real Estate News by Eileen Farrow
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The sharp acceleration in Canadian home prices shows no sign of abating this year, though economists expect the pace will be reined in by high household debt and a growing lack ... More

Canada house prices to rise sharply on cheap money, speculation: Reuters

  6/10/2016 | Posted in Real Estate News by Eileen Farrow
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The Bank of Canada is warning that the pace of house price increases in Vancouver and Toronto can't be sustained by economic ' fundamentals.'

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Toronto housing boom unsustainable, Bank of Canada says

  6/9/2016 | Posted in Real Estate News by Eileen Farrow
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With supply issues pressuring prices in many housing markets, the number of new homes being built has declined according to two new data releases.

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Housing starts, building permits decline

  5/16/2016 | Posted in Real Estate News by Eileen Farrow
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in April 2016 rose to their highest level ever.

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Canadian home sales set record in April

  4/15/2016 | Posted in Real Estate News by Eileen Farrow
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In March, the Teranet-National Bank National Composite House Price Index™ was up 0.8% from the previous month, the largest increase for a March since 2008. Though prices ... More

Home Prices Up 0.8% in March: Teranet - National Bank

  4/6/2016 | Posted in Real Estate News by Eileen Farrow
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A National Bank official said that Canada’s pool of skilled young professionals is responsible for much of the demand in the country’s urban centres.

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Working-age population drives price growth: National Bank

  3/15/2016 | Posted in Real Estate News by Eileen Farrow
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales recorded a second consecutive month-over-month increase in February ... More

Canadian home sales push higher in February

  3/8/2016 | Posted in Real Estate News by Eileen Farrow
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The trend measure for housing starts in Canada holds steady in February. The CMHC’s housing start measure fell slightly to 198,880 in February from January’s ... More

Housing starts data revealed
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