4/12/2024 | Posted in Canadian Housing Market by Russell Pearsall
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While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March ... More

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  4/10/2024 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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News not all bad as central bank signals possibility of rate relief in June

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  4/9/2024 | Posted in Real Estate Market by Russell Pearsall
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The housing affordability crisis in Canada is reaching alarming new heights, impacting middle-income families far beyond major cities, according to a new report from RBC.

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Real Estate & Mortgage News

  4/4/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More

Real Estate & Mortgage News

  3/18/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a ... More

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  2/29/2024 | Posted in Canadian Housing Market Predictions by Russell Pearsall
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Home prices in Canada are forecast to gain a bit this year and rise further in 2025 on relentless demand for housing amid scant new supply and prospects for interest rate cuts ... More

Real Estate & Mortgage News

  2/27/2024 | Posted in Home Buyers by Russell Pearsall
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One third of Canadians are considering alternative home ownership models, a new survey has found, as purchasing a home remains out of reach amid an ongoing affordability ... More

Real Estate & Mortgage News

  2/14/2024 | Posted in Canadian Housing Market by Russell Pearsall
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Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ... More

Real Estate & Mortgage News

  1/15/2024 | 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 up noticeably on a month-over-month basis in December 2023.

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  12/27/2023 | Posted in Mortgages and Real Estate by Russell Pearsall
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As we look back at the year that was, we can say 2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that ... More

Real Estate & Mortgage News

  12/15/2023 | Posted in Canadian Housing Market by Russell Pearsall
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The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023.

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Real Estate & Mortgage News

  12/14/2023 | Posted in Canadian Housing Market by Russell Pearsall
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Home prices across Canada are expected to climb next year with expected Bank of Canada rate cuts poised to reinvigorate the housing market, according to a new report.

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Real Estate & Mortgage News

  11/15/2023 | 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 declined on a month-over-month basis in October 2023.

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  10/17/2023 | Posted in Canadian Housing Market by Russell Pearsall
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Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.

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  10/4/2023 | Posted in Mortgage Interest Rates by Russell Pearsall
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Over the past two weeks, yields have risen by over 30 basis points, or 0.30%. Since bond yields typically lead fixed mortgage rate pricing, rates have been steadily on the ... More

Real Estate & Mortgage News

  9/29/2023 | Posted in Canada Living by Russell Pearsall
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Millions of Canadians want to achieve their dream of homeownership, but affordability remains out of reach for many, and changing that will be a slow journey according to ... More

Real Estate & Mortgage News

  9/15/2023 | 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 on a month-over-month basis in August 2023.

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Real Estate & Mortgage News

  8/28/2023 | Posted in Canadian Housing Market by Russell Pearsall
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.

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Real Estate & Mortgage News

  8/28/2023 | Posted in Canadian Housing Market by Russell Pearsall
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Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data.

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Real Estate & Mortgage News

  8/18/2023 | Posted in Real Estate Market by Russell Pearsall
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Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite ... More

Real Estate & Mortgage News

  8/15/2023 | 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 only slightly changed on a month-over-month basis in July 2023.

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Real Estate & Mortgage News

  7/21/2023 | Posted in Canadian Housing Market by Russell Pearsall
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Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report.

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Real Estate & Mortgage News

  7/14/2023 | 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 edged up slightly on a month-over-month basis in June 2023.

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Real Estate & Mortgage News

  7/14/2023 | Posted in Canadian Housing Market by Russell Pearsall
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and average home prices via Multiple Listing Service® (MLS®) Systems of ... More

Real Estate & Mortgage News

  6/16/2023 | Posted in Canadian Housing Market by Russell Pearsall
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Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More

Real Estate & Mortgage News

  6/15/2023 | 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 up again on a month-over-month basis in May 2023.

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Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Russell Pearsall
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.

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Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Housing Market by Russell Pearsall
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

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