Housing Market
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Federal policies limiting housing activity: report
New government policies are leading consumers to have a more negative outlook when it comes to the housing market in Canada, according to a new report.
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Home sales activity to fall 7.1 per cent this year: CREA
The Canadian Real Estate Association (CREA) has updated its forecast for national home sales activity for 2018 and extended the outlook to 2019.
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Home prices expected to climb 2.5 per cent in 2018
RE/MAX recently released its 2018 Housing Market Outlook, which identifies which housing market trends we are expected to see in 2018.
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National home sales expected to dip in 2018: CREA
The Canadian Real Estate Association has updated its housing market forecast for sales activity in 2017 and 2018, predicting lower sales activity in 2018.
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National home price growth remains inflated: CMHC
According to CMHC’s latest Housing Market Assessment (HMA), national home price growth increased by seven per cent year-over-year at the end of Q3-2016.
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National average home price expected to dip in 2017
The Canadian Real Estate Association has updated its housing forecast for 2016 and 2017, although trends have evolved mostly as predicted in September.
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GTA home sales climb 21.5 per cent in September: TREB
According to the TREB, GTA realtors reported 9,902 sales through the MLS System in September 2016, which is a 21.5 per cent increase year-over-year.
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Problematic housing market conditions worsen
According to the most recent Housing Market Assessment from CMHC, problematic conditions in Canada's housing market have escalated since the last report.
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Report warns against tightening mortgage rules
In a report released June 28, Will Dunning, Mortgage Professionals Canada’s chief economist, warned against further tightening mortgage lending conditions in Canada, saying it would significantly
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Working group launched to study housing market
In an effort to further its goal to help the middle class and those that are working hard to join it, the Government of Canada
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National luxury housing market on upturn
Royal LePage has recently released the findings to a national survey of residential luxury real estate professionals on current and long-term trends in the luxury
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CREA expects rebalanced housing market in 2016
The Canadian Real Estate Association (CREA) has updated its forecast for home sales through the MLS Systems for 2016 and has also included 2017 in
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Overvaluation to impact markets in 2016: CMHC
The latest Housing Market Assessment (HMA) from Canada Mortgage and Housing Corporation (CMHC) reports moderate evidence of overvaluation in housing markets across Canada during the
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Fall in prices could devastate young homeowners
According to a study released Nov. 9 from the Canadian Centre for Policy Alternatives (CCPA), young homeowners will be the most affected by a correction
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Non-permanent residents shape housing market
According to a new CIBC World Markets report, non-permanent residents (NPRs) of Canada are reshaping the country’s housing market. The report, which notes that NPRs have now reached record levels, at 770,000 people, says this demographic is a major force capable of influencing macro-economic variables like housing activity.
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Household debt levels a cause for concern: report
A new report from the International Monetary Fund (IMF) is raising concerns about the stability of Canada’s housing market. According to the global economy forum, Canadian household debt levels are among the highest recorded in Western countries.
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Ottawa home sales down in February: OREB
According to data from the Ottawa Real Estate Board, a total of 853 residential properties were sold in Ottawa during the month of February, a decrease of 1.7 per cent from the year prior. The sales figure is also below the five-year average for February, which is 914 units.





