In recent Canada real estate news, market trends continue to be influenced by various factors including economic conditions, government policies, and shifts in consumer preferences. While some regions have experienced steady growth in property prices, others have seen fluctuations due to changing demand dynamics and housing supply constraints. Additionally, ongoing discussions surrounding affordability and housing accessibility remain at the forefront of public discourse, prompting calls for innovative solutions from policymakers and industry stakeholders alike. Overall, the Canadian real estate landscape remains dynamic and evolving, presenting both challenges and opportunities for investors, homeowners, and renters across the country. Stay informed with our latest updates on Canada’s real estate market.
- Luxury condo sales declining in Toronto and Vancouver, Sotheby’s sayson October 24, 2024
Demand for single-family homes is dominating the high-end housing market
- Housing market headed for busy November after rate cuton October 24, 2024
Zlatkin: Those who are prequalified are looking to get out ahead of the housing wave
- Bank of Canada needs deeper rate cuts to bring real estate sector off sidelines, say expertson October 24, 2024
Central bank has cut by 125 basis points, but home builders looking for 200-300 bps to gain some confidence
- The Bank of Canada Lowers its Policy Rate by 50 Basis Pointson October 23, 2024
The Bank of Canada reduced its target for the overnight lending rate from 4.25% to 3.75%. The post The Bank of Canada Lowers its Policy Rate by 50 Basis Points first appeared on CREA.
- Ask the Expert: Steve Garganis on future bidding wars and why the feds should allow 40-year amortizationson October 22, 2024
I had the pleasure of being interviewed by RatesDotCa for their Ask The Expert edition on the current and future markets, rates prediction, amortization, and new changes to the mortgage […]
- Toronto’s ‘rigid’ zoning rules could stand in the way of thousands of potential housing units, report sayson October 22, 2024
Approximately 51,000 potential residential units may never materialize, says JLL Canada
- Look to bond yields after next week’s Bank of Canada announcement. They’re like a GPS for fixed-rate mortgageson October 18, 2024
Robert McLister: Every borrower wants to know where the central bank will take rates next, and the bond market could give us those clues
- For mortgage rates this week, it’s the calm before the stormon October 17, 2024
Robert McLister: Bank of Canada expected to bring out the chainsaw and slash rates on Wednesday
- CREA Forecasts National Home Sales to Climb 6.6% in 2025on October 17, 2024
Markets now expect the Bank of Canada to get back to a “neutral” rate by sometime next spring or summer, as opposed to the multi-year path anticipated back in July. The post CREA Forecasts […]
- Why Everyone Should Choose The Longest Amortization Possibleon October 15, 2024
One of the most common requests I get when discussing mortgage options with my clients is that they want the shortest amortization they can afford. They want to pay their … Continue Reading Why […]
- What’s Trending in International Real Estate: How Canada and REALTORS® Fit Inon October 9, 2024
The Canadian real estate market is interconnected with markets around the world, and that’s where CREA Global comes in. The post What’s Trending in International Real Estate: How Canada and […]
- The Great Mortgage Reseton October 3, 2024
A FOUR PART SPECIAL EDITION… PART 4 of 4 THE GREAT MORTGAGE RESET… MY RECOMMENDATIONS. This policy of making it harder to borrow money has only hurt the little guy, the … Continue Reading The […]
- The Great Mortgage Reseton October 1, 2024
A FOUR PART SPECIAL EDITION… PART 3 of 4 Canada’s mortgage lending rules and policies are broken. They just don’t work. And the more our Federal government tries to help, the … Continue […]
- The Great Mortgage Reseton September 26, 2024
A FOUR PART SPECIAL EDITION… PART 2 of 4 Canada’s mortgage lending rules and policies are broken. They just don’t work. And the more our Federal government tries to help, the … Continue […]
- The Great Mortgage Reseton September 24, 2024
A FOUR PART SPECIAL EDITION… PART 1 of 4 Canada’s mortgage lending rules and policies are broken. They just don’t work. And the more our Federal government tries to help, the … Continue […]
- 10 up and 3 down, unintended consequences!on September 20, 2024
LOTS OF MOVEMENT IN MORTGAGE RATES Sounds like a football play. But I’m not talking about football even though the NFL season just started and my Buffalo Bills won their … Continue Reading 10 up […]
- Canadian Real Estate Activity ‘Flat as a Pancake’ in Auguston September 17, 2024
The rekindling of Canadian housing market activity is still on pause, says the Canadian Real Estate Association (CREA) following the release of its latest national housing data. The post Canadian […]
- Q2 2024 Commercial Snapshot: Key Economic Indicators for Commercial Real Estateon September 12, 2024
Here’s a deeper dive into some of the data CREA is monitoring on the commercial side of real estate. The post Q2 2024 Commercial Snapshot: Key Economic Indicators for Commercial Real Estate first […]
- Bank of Canada Announces Third Consecutive Policy Rate Cuton September 4, 2024
The Bank of Canada reduced its target once again for the overnight lending rate from 4.5% to 4.25%. The post Bank of Canada Announces Third Consecutive Policy Rate Cut first appeared on CREA.
- Canadian Home Sales on Pause; Increased Activity a ‘Slam Dunk’ to End 2024, Says CREA Senior Economiston August 20, 2024
A late-July interest rate cut from the Bank of Canada meant there wasn’t much movement to report regarding Canadian home sales for that month, but this won’t be the case for much longer. The post […]