“Supercharged Demand” Confronts Limited Supply For Detached Homes in Canada: RBC
by“We see little that will rein [prices] in anytime soon.”
Canadian Housing Market
Federal Government to Implement Foreign Buyers Tax in Coming Year
by“To help make the housing market more secure and affordable for Canadians.”
2020 Will Be ‘Banner Year’ for Canadian Housing Market: BMO
byPace across many markets is ranging from “solid to historic.”
Shifting Home Buying Behaviours, Immigration Continue to Impact Canadian Housing Market
by“In just months, the landscape of Canadian real estate has been shaken to its core.”
Low Immigration and High Unemployment to Curb Canadian Housing Rebound: RBC
byHome prices are “likely to come under stronger downward pressure over the second half of the year.”
Canadian Home Prices Could Drop as Much as 5% Due to Coronavirus: Report
byThe pandemic has already caused home sales to “fall off a cliff.”
There’s Been Up to a 500% Increase in Online Virtual Home Tours in Canada
byOnline users also stopped reaching out to agents nearly 35% in just over one month.
Proximity to Good Schools the #1 factor for Canadian Renters in 2020
byThis comes as more families are renting rather than owning.
Mortgage Stress Tests Boosted Canada’s Financial Stability: CMHC
byThe mortgage stress test been scrutinized ever since its 2018 roll-out. Would-be buyers are often shut out of the market – despite having that…
Here’s CMHC’s Housing Market Trend Predictions For 2020
byThe two-year slowdown Canada experienced in the housing market is now officially over. That declaration from the Canada Mortgage and Housing Corporation (CMHC) who…