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Bank of Canada STATED: lower home prices are necessary for economic stability

Bank of Canada STATED: lower home prices are necessary for economic stability Topping the list of Canada’s 99 concerns is it’s over $2 trillion in mortgage debt. Earlier today, Senior Deputy Governor of the Bank of Canada (BoC) Carolyn Rogers responded to worries over the country’s financial stability. She summed it up by focusing on […]

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A rise in the Canada home prices again, 20th month in a row

A rise in the Canada home prices again, 20th month in a row The surge in Canadian home prices continues unabated, reaching new highs for the 20th consecutive month in February. The latest Teranet-National Bank House Price Index, issued on Thursday, indicated a 1.7 percent increase in home prices between January and February across 11

A rise in the Canada home prices again, 20th month in a row Read More »

Is the Housing Market Going to Cool Down in 2022?

Is the Housing Market Going to Cool Down in 2022? We’re off to a good start in 2022 with rising housing prices. Buyer demand may dwindle as interest rates rise, causing property values to fall.The amount of inventory that enters the market will also impact whether or not prices cool. Are you looking to purchase

Is the Housing Market Going to Cool Down in 2022? Read More »

BMO concerned about the collapes in Canadian real estate

BMO concerned about the collapes in Canadian real estate Everyone is interested in determining how low real estate prices can go in Canada now that the real estate bubble there has finally started to deflate. Over the course of the weekend, BMO Capital Markets provided clients with an analysis of the topic, including models and

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Suburbs lead Canada’s housing boom as downtown falls behind.

Suburbs lead Canada’s housing boom as downtown falls behind. Canada’s suburbs had an increase in home values that outpaced downtown areas during the pandemic, according to a new study. Many downtown businesses closing and people’s desire for greater living space are driving the rising demand for suburban properties, according to research released on Monday by

Suburbs lead Canada’s housing boom as downtown falls behind. Read More »

Is the Housing Market Going to Cool Down in 2022?

Is the Housing Market Going to Cool Down in 2022? We’re off to a good start in 2022 with rising housing prices. Buyer demand may dwindle as interest rates rise, causing property values to fall.The amount of inventory that enters the market will also impact whether or not prices cool. Are you looking to purchase

Is the Housing Market Going to Cool Down in 2022? Read More »

A rise in the Canada home prices again, 20th month in a row

A rise in the Canada home prices again, 20th month in a row The surge in Canadian home prices continues unabated, reaching new highs for the 20th consecutive month in February. The latest Teranet-National Bank House Price Index, issued on Thursday, indicated a 1.7 percent increase in home prices between January and February across 11

A rise in the Canada home prices again, 20th month in a row Read More »

BMO concerned about the collapes in Canadian real estate

BMO concerned about the collapes in Canadian real estate Everyone is interested in determining how low real estate prices can go in Canada now that the real estate bubble there has finally started to deflate. Over the course of the weekend, BMO Capital Markets provided clients with an analysis of the topic, including models and

BMO concerned about the collapes in Canadian real estate Read More »

Suburbs lead Canada’s housing boom as downtown falls behind.

Suburbs lead Canada’s housing boom as downtown falls behind. Canada’s suburbs had an increase in home values that outpaced downtown areas during the pandemic, according to a new study. Many downtown businesses closing and people’s desire for greater living space are driving the rising demand for suburban properties, according to research released on Monday by

Suburbs lead Canada’s housing boom as downtown falls behind. Read More »