Real Estate News, Articles, Reports, Analysys & Trends

6/15/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were both down between April and May 2021.

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Housing market continues to moderate in May

6/11/2021 | Posted in Canada Living by Russell Pearsall
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The net worth of Canadian households rose sharply in the first quarter, as the value of residential real estate accelerated by a record amount in the three-month period.

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Canada Household Net Worth Advances on Record Real-Estate Gain

6/11/2021 | Posted in Real Estate Investments by Russell Pearsall
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Maybe you need help with your mortgage payments, property taxes, or want some extra cash flow, whatever the reason is, you're considering renting out your home.

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Can I rent my house out on a normal mortgage in Canada?

6/10/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Canada's housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada's ... More

No 'soft landing' coming for Canadian housing market until 2022: RBC

6/10/2021 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds.

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Bank of Canada says real estate is 'expected to moderate but remain elevated'

6/10/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, ... More

What's happening with house price growth in Canada?

6/9/2021 | Posted in Canadian Economy and Interest Rates by Russell Pearsall
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Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing

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Bank of Canada makes June rate announcement

6/8/2021 | Posted in Mortgages and Real Estate by Russell Pearsall
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A surge in mortgage borrowing is pushing consumer debt loads higher in Canada despite falling credit card use, as households plow more money into their homes while spending ... More

Mortgage surge pushes Canada consumer debt to $2.1 trillion

6/3/2021 | Posted in GTA Real Estate by Russell Pearsall
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Residential transactions reported through TRREB’s MLS® System remained high in May 2021, but fell short of the 2016 record and remained below this year’s March ... More

Strong May GTA Home Sales Remain Below March Peak

6/1/2021 | Posted in Home Owners by Russell Pearsall
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The federal government has launched a new program that offers homeowners grants to retrofit their homes and make them more energy efficient.

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Federal Government Launches New Home Retrofit Grant Program

5/28/2021 | Posted in Real Estate Investments by Russell Pearsall
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Whether you’re a seasoned investor or looking to buy your first rental property, however, the tax implications of investing in real estate can be daunting.

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The taxing truth about investing in real estate

5/28/2021 | Posted in Commercial Real Estate by Russell Pearsall
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Amid swelling confidence in the economy’s prospects, Canadian commercial property market conditions stabilized during the first quarter, according to Morguard’s ... More

What's going on in the Canadian commercial sector?

5/25/2021 | Posted in Toronto Real Estate by Russell Pearsall
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Home prices in the Greater Toronto Area have continued to soar, with the average selling price hitting $1,090,992 in April, a 33% ascent from last year’s $820,226, ... More

What's driving up real estate prices in Toronto?

5/21/2021 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy.

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Bank of Canada warns of rising risks from household debt, and a hot housing market

5/20/2021 | Posted in Home Buyers by Russell Pearsall
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Canada’s banking watchdog is confirming it will apply tighter rules to the so-called mortgage stress test, effective June 01.

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Stress test hike confirmed

5/20/2021 | Posted in Commercial Real Estate by Russell Pearsall
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You might not know it by visiting the nation’s shopping centres nor by scrolling through the news, but retail sales in Canada are up from last year

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Canadian retail in 2021: Stronger than you think

5/19/2021 | Posted in Mortgages and Real Estate by Russell Pearsall
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The Bank of Canada may have to adjust its view of its long-term neutral policy rate once a torrent of pent-up household savings is unleashed once pandemic restrictions are ... More

Torrent of pent-up spending could force BoC to reconsider neutral rate: CIBC

5/18/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian home sales fell from a record in April as a resurgence of COVID-19 cases and lockdown measures slowed the country’s red hot housing market.

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Canada's home sales fall from record as COVID lockdowns bite

5/17/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down from March to April 2021.

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Housing market moderates in April compared to March

5/17/2021 | Posted in Toronto Real Estate by Russell Pearsall
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First-time homebuyers are getting more anxious about the market.

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Five ways to ease the pain of Toronto housing affordability crisis

5/17/2021 | Posted in Canadian Housing Market by Russell Pearsall
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The trend in housing starts was 279,055 units in April 2021, up from 272,164 units in March 2021, according to Canada Mortgage and Housing Corporation (CMHC).

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Canadian housing starts remained elevated in April

5/14/2021 | Posted in Home Buyers by Russell Pearsall
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An NDP government would implement a 20% levy on home purchases made by non-residents.

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NDP Promises New Foreign Buyers Tax

5/12/2021 | Posted in Home Buyers by Russell Pearsall
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Canadians are so alarmed by the red-hot housing market that many say they’d like to see the central bank raise the cost of borrowing to dampen demand for real estate and ... More

Freaked-out Canadians open to rate hikes to cool hot housing market

5/10/2021 | Posted in Commercial Real Estate by Russell Pearsall
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The head of one of Canada’s major office landlords said pandemic restrictions have made finding new tenants a big challenge.

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Office demand will be 'off to the races' after COVID restrictions

5/8/2021 | Posted in Canadian Housing Market Predictions by Russell Pearsall
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Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity ... More

CMHC predicts what will happen to Canada house prices this year

5/6/2021 | Posted in Home Buyers by Russell Pearsall
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Whether you’re starting your home search or you just bid on the place of your dreams, getting denied for a mortgage will stop you cold.

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You got turned down for a mortgage? Here's what to do

5/5/2021 | Posted in GTA Real Estate by Russell Pearsall
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Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic. ... More

The Pace of GTA Home Sales Slows In April
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