6/10/2019 | Posted in Canadian Housing Market by Russell Pearsall
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Last week’s market reports from real estate boards across Canada indicate there is recovery underway with even the tough market conditions in Vancouver suggesting a ... More
2/23/2019 | Posted in Canadian Housing Market by Russell Pearsall
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Canada's once-roaring housing market has been tamed, according to the latest Reuters poll of analysts who predict house prices will rise nationally and in key urban hot ... More
2/22/2019 | Posted in Canadian Housing Market by Russell Pearsall
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While a decline in sales in January 2018 was expected, the decline this January was disturbing.
... More 2/1/2019 | Posted in Canadian Housing Market by Russell Pearsall
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The Bank of Canada has admitted that the economic impact of strict mortgage regulations, local housing restrictions, and the upward trend in interest rates was more serious ... More
1/2/2019 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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As we head towards 2019 with a weakened Toronto housing market and a Vancouver market in free fall, many sense this may be the year the house prices will go ... More
10/2/2018 | Posted in Canadian Economy and Housing Market by Russell Pearsall
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Canada’s economy faces a major risk through the next three years from how debt-laden consumers cope with higher interest rates, according to economists from three of the ... More
8/8/2018 | Posted in Canadian Housing Market by Russell Pearsall
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The value of Canadian building permits unexpectedly dropped by 2.3 percent in June from May on weakness in the residential sector, Statistics Canada data indicated on ... More
7/25/2018 | Posted in Ontario Real Estate by Russell Pearsall
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While the Toronto residential market has seen the median cost of its housing shrink in Q2 2018, price growth accelerated in other major Ontario locales such as Kitchener, ... More
7/4/2018 | Posted in Foreign Buyers by Russell Pearsall
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Foreign ownership, speculation perceived to be the most influential factors according to a recent report by CMHC.
... More 5/14/2018 | Posted in Mortgages and Real Estate by Russell Pearsall
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Despite rising interest and qualifying rates, the luxury sector of the housing market should remain largely unaffected.
... More 11/14/2017 | Posted in Mortgages and Real Estate by Russell Pearsall
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With the expectation that first-time homebuyers will be shuttered out of the housing market, thereby reducing the number of people to whom seniors can sell their homes, reverse ... More
10/26/2017 | Posted in Real Estate Market by Russell Pearsall
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A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods.
... More 9/27/2017 | Posted in Ontario Real Estate by Russell Pearsall
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In spite of recent scares regarding their values, detached houses remain the strongest real estate investment to be had in the GTA.
... More 9/6/2017 | Posted in Toronto Real Estate by Russell Pearsall
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A second interest-rate increase announced Wednesday by the Bank of Canada will add further drag to Toronto's real estate sector, which has seen home sales fall steadily for ... More
8/22/2017 | Posted in Mortgages and Real Estate by Russell Pearsall
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Finance Minister Bill Morneau says last October’s sweeping mortgage rule changes aimed at cooling Canada’s housing market have successfully dampened high-risk ... More
8/16/2017 | Posted in Ontario Real Estate by Russell Pearsall
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Home sales in the Greater Golden Horseshoe just saw the smallest decline since Ontario’s housing clampdown, suggesting the market may be stabilizing.
... More 8/15/2017 | Posted in Real Estate Market by Russell Pearsall
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined further in July 2017.
... More 7/17/2017 | Posted in Real Estate Market by Russell Pearsall
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales cooled further in June 2017.
... More 7/7/2017 | Posted in Real Estate News by Russell Pearsall
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Toronto’s thriving housing market is offsetting the significantly lower volume of business investment in Ontario this year, according to independent think-tank Fraser ... More
6/22/2017 | Posted in Real Estate Market by Russell Pearsall
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We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations.
... More 6/19/2017 | Posted in Mortgages and Real Estate by Russell Pearsall
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Looming rate hikes by the Bank of Canada will put financial stress on indebted Canadians and potentially exacerbate a slowdown in the nation's long housing boom, credit ... More
6/15/2017 | Posted in Real Estate News by Russell Pearsall
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ... More
6/12/2017 | Posted in Real Estate Market by Russell Pearsall
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The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ... More
5/16/2017 | Posted in Ontario Real Estate by Russell Pearsall
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Toronto’s trying to make it more affordable to rent in one of the world’s hottest housing markets. New measures may have the opposite effect.
... More 5/15/2017 | Posted in Real Estate Market by Russell Pearsall
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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ... More
5/11/2017 | Posted in Financial Health by Russell Pearsall
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Moody’s has downgraded its ratings for six Canadian banks due to their exposure to risk from high house prices and household debt.
... More 5/11/2017 | Posted in Real Estate Market by Russell Pearsall
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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ... More
5/2/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Early data suggests homebuyers in Canada’s largest city sat on the sidelines as they awaited new market cooling measures, but jumped backed into the market — albeit ... More
4/25/2017 | Posted in Real Estate Market by Russell Pearsall
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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ... More
4/19/2017 | Posted in Toronto Real Estate by Russell Pearsall
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Three levels of government facing a red-hot housing market in the Greater Toronto Area agreed Tuesday not to introduce any measures that would further boost demand and drive ... More
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