Housing Market
REMI Network
Home-buying intent heats up during second wave
More people plan on buying a home compared to last summer, suggests newly released data analyzing housing expectations.
REMI Network
National home price up 9.7 per cent in Q4
Markham, Vaughan, Burlington, Pickering, Oakville. The average home price in all these Ontario-based cities increased by at least $100,000 last quarter, compared to 2019.
REMI Network
Luxury home sales over $3-mil set new record in GTA
Luxury home sales more than $3 million set a new record in the GTA, with the number condo and freehold properties sold in 2020 topping peak 2017 levels.
REMI Network
Montreal area condo listings soar in December
Active condo listings rose by 18 per cent—a number that has not been seen for a month of December since 2012.
REMI Network
Townhouse demand up during pandemic: report
The supply of townhouse land remains scarce. As a key component of the “missing middle,” this land is often prohibitively expensive in urban areas.
REMI Network
Housing markets sinking despite rising prices, report finds
Housing markets are falling deeper into a slump despite increasing property prices, suggests a new report by The Real Estate Investment Network.
REMI Network
Home prices continue rising into fall season
Windsor reported the highest spike in Ontario, with the average price rising 17 per cent year-over-year followed by Oshawa.
REMI Network
Pandemic not dampening homeownership spirit
A vast majority of Canadian home owners expect they will have no difficulty in making their mortgage payments, according to a new report.
REMI Network
Ottawa an outlier in housing market slowdown
Ottawa is enduring through the nation’s current housing slump, while other real estate markets in British Columbia, Alberta and Ontario are on a steady decline.
REMI Network
Think tank offers blueprint to guide housing market policies
A new report provides a blueprint for policymakers and regulators in the housing market to address threats to financial stability.
REMI Network
GTA condo prices fall in April: TRREB
As Toronto condo prices dropped 4 per cent this April, TRREB notes a key factor for housing market recovery will be a broader reopening of the economy.
REMI Network
GTA home sales to plunge through spring
Greater Toronto Area homes sales have dropped and are expected to further plunge before the end of June, according to early statistics from TRREB.
CondoBusiness
Housing prices to hold steady during pandemic
Housing prices are forecasted to remain steady through 2020, according to Royal Lepage’s newly released Housing Price Survey and Market Forecast.
REMI Network
Canada eases stress test rate for insured mortgages
Canada eased financing requirements for mortgages to boost the housing market and keep prices at bay.
REMI Network
Home prices to hit “new heights” in 2020
Home prices in Canada are expected to rise as more buyers return to the market in 2020 after waiting to see the impact of the mortgage stress test.
REMI Network
Average condo price in GTA to reach $600,000: report
The average condo price in the Greater Toronto Area is expected to increase 6.0 per cent year-over-year in 2020, rising to $600,000.
REMI Network
Five policies that could affect the housing market
Immigration figures into the Real Estate Investment Network’s list of five policies that are likely to affect the future housing market.
