Real Estate News, Articles, Reports, Analysys & Trends

2/22/2024 | Posted in Canadian Housing Market by Parry Lowndes
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The purchasing power of buyers with a $1 million budget searching for a home in Canada will widely vary depending on the city they are shopping in with those in Toronto getting ... More

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2/22/2024 | Posted in Ontario Real Estate by Parry Lowndes
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Discrepancy debunks notion that construction industry is 'sitting on supply,' say developers

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2/20/2024 | Posted in Canadian Economy and Interest Rates by Parry Lowndes
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Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in ... More

Real Estate & Mortgage News

2/15/2024 | Posted in Rental Market by Parry Lowndes
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The average asking price for rent in Canada reached $2,196 in January, a 10 per cent increase from this time last year — marking another record high amid a deepening ... More

Real Estate & Mortgage News

2/14/2024 | Posted in Canadian Housing Market by Parry Lowndes
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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

2/12/2024 | Posted in GTA Real Estate by Parry Lowndes
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Canada is seeing “early signs” of a housing market upturn and Toronto could see prices bottom out this spring, a recent report from the Royal Bank of Canada ... More

Real Estate & Mortgage News

2/10/2024 | Posted in Interest Rates by Parry Lowndes
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BoC's cash-management tool reboot suggests no easing on the horizon, surprising markets

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Real Estate & Mortgage News

2/9/2024 | Posted in Canadian Economy and Interest Rates by Parry Lowndes
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Today's employment report for January, in which the unemployment rate ticked down, has caused bond markets and economist to further reel-in their rate-cut forecasts for the ... More

Real Estate & Mortgage News

2/8/2024 | Posted in Commercial Real Estate by Parry Lowndes
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Avison Young has released its Q1 Canadian cap rate and investment trends report, forecasting that although lenders will remain conservative in 2024, capital from lenders ... More

Real Estate & Mortgage News

2/6/2024 | Posted in GTA Real Estate by Parry Lowndes
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Home sales were up in January 2024 in comparison to January 2023. This annual increase came as some homebuyers started to benefit from lower borrowing costs associated with ... More

Real Estate & Mortgage News

2/6/2024 | Posted in Canada Living by Parry Lowndes
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A new report published today reveals that the burden on buyers from provincial governments’ billions of dollars in levies and development fees on new construction, and ... More

Real Estate & Mortgage News

2/6/2024 | Posted in Financial Health by Parry Lowndes
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Further analysis of the latest Canadian insolvency stats reveal some revealing elements that typically connect those whose finances have got too much for them.

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Real Estate & Mortgage News

2/5/2024 | Posted in Canadian Economy and Interest Rates by Parry Lowndes
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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by ... More

Real Estate & Mortgage News

2/4/2024 | Posted in Foreign Buyers by Parry Lowndes
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The federal government today announced a two-year extension to its foreign buyer ban in what it says is an effort to make housing more affordable for Canadians.

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Real Estate & Mortgage News

2/3/2024 | Posted in Interest Rates by Parry Lowndes
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After a short-lived upswing in bond yields last month that nudged some fixed mortgage rates higher, lenders are once again bringing them back down.

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Real Estate & Mortgage News

1/31/2024 | Posted in Rental Market by Parry Lowndes
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Condominium apartment leasing activity continued to be strong in the fourth quarter of 2023 according to the latest data released by TRREB. The number of lease transactions ... More

Real Estate & Mortgage News

1/31/2024 | Posted in Rental Market by Parry Lowndes
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Rent prices in Canada soared last year as supply struggled to keep up with demand, leading to the lowest national vacancy rate on record since the Canada Mortgage and Housing ... More

Real Estate & Mortgage News

1/31/2024 | Posted in Canadian Economy and Interest Rates by Parry Lowndes
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Canada’s economy outperformed growth expectations to end the year, which means the Bank of Canada could feel less pressure to start cutting rates in the near term, ... More

Real Estate & Mortgage News

1/29/2024 | Posted in Canadian Housing Market by Parry Lowndes
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Stability is expected to return to the country’s housing market this year as interest rates ease, but homeowners shouldn’t expect a return to the ... More

Real Estate & Mortgage News

1/25/2024 | Posted in Mortgages and Real Estate by Parry Lowndes
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Canada’s youngest demographic of homeowners is the only group to have reduced their mortgage debt since rates started rising in 2022.

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Real Estate & Mortgage News

1/24/2024 | Posted in Canadian Economy and Interest Rates by Parry Lowndes
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The Bank of Canada has left its policy rate unchanged in its first announcement of the year, keeping rates where they are for a fourth straight decision but giving little ... More

Real Estate & Mortgage News

1/22/2024 | Posted in Canada Living by Parry Lowndes
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Canada’s pace of population growth continues to set records as the country brings in a historic number of temporary residents, largely through international student and ... More

Real Estate & Mortgage News

1/19/2024 | Posted in Interest Rates by Parry Lowndes
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The Bank of Canada is likely to leave its overnight rate unchanged in its first decision of 2024, according to new forward guidance by the Royal Bank of Canada.

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Real Estate & Mortgage News

1/18/2024 | Posted in Mortgage Interest Rates by Parry Lowndes
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This week’s rise in bond yields could cause some lenders to reverse recent fixed mortgage rate cuts, experts say.

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Real Estate & Mortgage News

1/16/2024 | Posted in Rental Market by Parry Lowndes
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A new report says the average asking price in December for a rental unit in Canada was a record $2,178 per month, relatively flat from the previous month but marked an 8.6 per ... More

Real Estate & Mortgage News

1/15/2024 | Posted in Canadian Housing Market by Parry Lowndes
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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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Real Estate & Mortgage News

1/15/2024 | Posted in Canadian Housing Market by Parry Lowndes
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Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada,

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