Real Estate News, Articles, Reports, Analysys & Trends

2/25/2021 | Posted in Mortgages and Real Estate by Russell Pearsall
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Most homeowners who sought deferrals for mortgages last year have seen their deferral periods end, but CMHC says the risk of these borrowers falling into arrears could ... More

CMHC: majority of mortgage deferrals have ended, risk of arrears could re-emerge

2/24/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Canada's top central banker said Tuesday that the economy would continue to need monetary stimulus, likely until 2023, even though there are already signs it could be ... More

Bank of Canada warns buyers of 'early signs' of overheating in housing market

2/23/2021 | Posted in Mortgages and Real Estate by Russell Pearsall
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Canadian home buyers may be looking at higher mortgage rates sooner than expected.

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Canadian Mortgage Rates Most Likely To Climb, Despite Low Overnight Rate

2/23/2021 | Posted in Commercial Real Estate by Russell Pearsall
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With supply on upswing, prospective tenants face wide range of workplace choices

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It's a renters' market for businesses that believe the office will make a comeback post-pandemic

2/22/2021 | Posted in GTA Real Estate by Russell Pearsall
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This year is already off to a strong start, with January home sales totalling nearly 7,000 – up more than 50 per cent year over year – and the average selling price ... More

Home-buying frenzy will continue

2/22/2021 | Posted in Home Owners by Russell Pearsall
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This trend is especially apparent in Ontario, according to BMO's Sal Guatieri

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BMO: Home appreciation a more reliable source of income than employment in multiple housing markets

2/22/2021 | Posted in Canada Living by Russell Pearsall
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The issues facing condo owners in BC and Alberta are starting to make their presence felt in the east.

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More bad news for owners of condos in Ontario

2/20/2021 | Posted in Global Real Estate Markets by Russell Pearsall
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Two Canadian cities made the Top 10 list, while Hong Kong ranks as the least affordable city for the 10th consecutive year.

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The World's Least Affordable Cities to Buy a Home

2/19/2021 | Posted in Rental Market by Russell Pearsall
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Fleeing Toronto’s downtown core for one of the nearby GTA cities won’t get you significantly cheaper rent.

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These 7 GTA cities have some of the most expensive rent prices in Canada

2/16/2021 | Posted in Industry Trends by Russell Pearsall
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Paint and colors shape how we view the world around us, and how we view our homes in particular. After an unprecedented year that found many people spending more time at home ... More

Paint & Color Trends 2021

2/15/2021 | Posted in Canadian Housing Market by Russell Pearsall
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The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and ... More

Suburbs lead the way in housing completions as starts also climb: CMHC

2/14/2021 | Posted in Home Buyers by Russell Pearsall
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The share of renters who are planning to buy has quadrupled, and what they want to buy is changing.

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Homebuying Intentions Soar As Canadians Redesign Their Lives For An Era Of Remote Work

2/16/2021 | 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 set another all-time record in January 2021.

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Canadian housing markets set records again in January

2/16/2021 | Posted in Toronto Real Estate by Russell Pearsall
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Housing experts say the city could be sidestepping the supply problem by chasing "short-term" gains.

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What a luxury homes tax could mean for Toronto's housing market

2/13/2021 | Posted in Commercial Real Estate by Russell Pearsall
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With COVID-19 finally entering the preliminary stages of defeat, there is hope that the uncertainty plaguing much of the commercial sector – industrial and multi-family ... More

A look at the state of retail and office real estate in Canada

2/15/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Starts rebounded strongly from declines in December, says CMHC's chief economist. The trend in housing starts was 244,963 units in January 2021, up from 238,747 units in ... More

Canadian housing starts trended higher in January

2/14/2021 | Posted in Community by Russell Pearsall
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Whether you are celebrating your family virtually or in-person, we hope you have a safe long weekend connecting with your loved ones.

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Happy Family Day

2/12/2021 | Posted in Home Buyers by Russell Pearsall
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Immigration to Canada fell to the lowest level since 1998.

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Canada welcomed 184,000 new immigrants in 2020

2/12/2021 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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More and more, what your parents make determines what you will make.

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Canadians Increasingly Stuck In The Economic Conditions They Were Born In: StatCan

2/10/2021 | Posted in Toronto Real Estate by Russell Pearsall
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A Toronto budget briefing note reveals that the city could yield an additional $18.7 million in revenue this year—if city council is willing to implement a luxury home ... More

Luxury home tax could yield $18 million for Toronto in 2021, if approved

2/8/2021 | Posted in GTA Real Estate by Russell Pearsall
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Toronto Real Estate Market is on fire as January home sales amounted to 6,928 – up by more than 50 per cent compared to January 2020. This strong start to 2021 included ... More

TRREB Forecasts Strong Demand for Real Estate in 2021

2/8/2021 | Posted in GTA Real Estate by Russell Pearsall
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Canada’s largest housing market got off to a roaring start this year, as Toronto home sales continued to surge in January, led by activity in the condo market.

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Toronto home prices seen topping $1M amid 52% January sales surge

2/5/2021 | Posted in GTA Real Estate by Russell Pearsall
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The average price of a single-family detached home in the Greater Toronto Area has hit $1.32 million, according to a report from Altus Group, surpassing the previous peak in ... More

Benchmark price of single-family home in GTA hits $1.32m

2/4/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Big cities in Canada will come back to life once the pandemic is over and so will demand for homes in them, according to a new paper by economists at Canadian Imperial Bank of ... More

Canada's suburban flight will subside post-pandemic: CIBC

2/4/2021 | Posted in Home Buyers by Russell Pearsall
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Got 34 years to save up for a house? The threshold every buyer has to meet to own a home ― the minimum down payment ― has reached Canada’s highest level on ... More

2/2/2021 | Posted in Canadian Housing Market by Russell Pearsall
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Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment.

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Despite Challenges, Majority of Canadians Plan to Buy a Home

2/2/2021 | Posted in Mortgage Interest Rates by Russell Pearsall
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While Canada’s economy recorded its largest-ever annual drop of 5.1% last year, it’s also on track to post a comeback in Q4, which could force the Bank of ... More

Could Mortgage Rates Start to Rise Sooner than Expected?

1/27/2021 | Posted in Home Buyers by Russell Pearsall
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Plan ahead when buying a home to save yourself time and stress.

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5 Tips To Increase Your Chances Of Getting A Mortgage Approved

2/2/2021 | Posted in Mortgages and Real Estate by Russell Pearsall
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Lenders "have never seen as many as they have now".

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Million-dollar mortgages now common in GTA
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