by admin | Sep 22, 2020 | Market News
The strength exhibited in local markets across the country this summer has failed to convince the Canada Mortgage and Housing Corporation (CMHC) that a major decline in home prices is the most likely outcome of the COVID-19 pandemic. The Crown corporation today...
by admin | Sep 18, 2020 | Market News
A widely watched home price index tracking the Canadian housing market is firming up after posting weak results through June and July. The Teranet-National Bank Home Price Index recorded a 5.7 percent rise in August over the same period a year earlier, with five...
by admin | Sep 15, 2020 | Market News
The Canadian housing market has caught up to where it was at the same time last year as pent-up demand from the spring was unleashed in the summer months, leading to a flurry of home sales. But, according to Canadian Real Estate Association Senior Economist Shaun...
by admin | Sep 11, 2020 | Market News
Price growth in the Toronto region lost some steam last month compared to July, but there were still plenty of substantial price gains seen across the city?s suburban markets. According to the latest data from the Toronto Regional Real Estate Board, 10 of the region?s...
by admin | Sep 11, 2020 | Market News
Canadian housing starts, led by a blazing construction pace in Ontario, accelerated to the highest level seen in 13 years in August. On a national level, starts reached 262,400 annualized units in August, up seven percent from July?s reading for the fastest pace of...
by admin | Sep 10, 2020 | Market News
The closely monitored Teranet-National Bank Home Price Index logged a 0.3 percent increase in July, the smallest rise seen for the month in 15 years. The national index, a composite of home prices in 11 Canadian metropolitan areas, was expected to see a slowdown in...
