by admin | Sep 25, 2020 | Market News
Canada?s housing market mounted an impressive comeback after the springtime freeze, but a prolonged period of high unemployment and lower incomes will eventually sap the market?s current vigour. That?s the message from Moody?s Analytics Economist Abhilasha Singh, who...
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 | Jul 2, 2020 | Market News
Canadian home prices have a long road ahead as they fall and then gradually recover from the shock of the COVID-19 pandemic. A new report published by the Canada Mortgage and Housing Corporation (CMHC) provided fresh insight into what to expect from the country?s...
by admin | Jun 23, 2020 | Market News
A consensus is emerging among Canadian economists and market commentators that home prices are heading for a decline even as businesses reopen across the country. The latest organization to join the chorus of voices predicting a price drop are economists Tony Stillo...
