Real Estate News, Articles, Reports, Analysys & Trends

4/15/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in March 2021 as increased supply became ... More

Record home sales in March 2021, new supply increases

4/15/2021 | Posted in Rental Market by Joan Beal
SHARE

Canadian policy makers need to take steps to increase housing supply, particularly rental stock, according to the chief executive officer of Canadian Imperial Bank of ... More

CIBC CEO urges action on increasing rental housing supply

4/14/2021 | Posted in Home Owners by Joan Beal
SHARE

According to Equifax, last year there were 900,000 deferred mortgages and 1.2 million deferred credit card payments.

... More

Does deferring payments during the pandemic affect your credit score?

4/14/2021 | Posted in Commercial Real Estate by Joan Beal
SHARE

The central bank’s latest quarterly survey found that executives have become more optimistic when it comes to their sales and investment projections in the coming year, ... More

Bank of Canada on the commercial market's outlook for the coming year

4/11/2021 | Posted in Mortgage Interest Rates by Joan Beal
SHARE

With the lowest rates for five-year fixed mortgage products in Canada having risen last month for the first time since January 2020, speculation began to mount in the mortgage ... More

How quickly will fixed rates rise in Canada?

4/13/2021 | Posted in First Time Home Buyers by Joan Beal
SHARE

Real estate prices in many Canadian cities have climbed to all-time highs during the pandemic, so it should come as no surprise that some Canadians appear ready to give up on ... More

36% of young Canadian adults have given up on owning home: RBC survey

4/13/2021 | Posted in Canadian Housing Market Predictions by Joan Beal
SHARE

The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More

Canadian home prices forecast to end year 13.5% higher than 2020

4/10/2021 | Posted in Commercial Real Estate by Joan Beal
SHARE

A huge shift to e-commerce means it may soon become nearly impossible for businesses to find places to store their goods.

... More

Warehouse space seen running out in Canada by the end of this year

4/12/2021 | Posted in Canadian Economy and Housing Market by Joan Beal
SHARE

In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country.

... More

Here's how home prices compare to incomes across Canada

4/6/2021 | Posted in Commercial Real Estate by Joan Beal
SHARE

A new report indicates Canada's downtown office vacancy rate increased for the fourth consecutive quarter to reach 14.3 per cent as more properties became available in ... More

Canada's Q1 downtown office vacancy rate rises to 14.3%, 4th straight gain

4/8/2021 | Posted in Home Buyers by Joan Beal
SHARE

One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Over one-fifth of Canadians hoping housing prices fall significantly

4/8/2021 | Posted in Home Buyers by Joan Beal
SHARE

Canada's financial regulator, which has been planning changes in its four-year-old mortgage stress test, on Thursday proposed making it tighter, following concerns that the ... More

Canada proposes tighter mortgage stress test as home prices surge

4/8/2021 | Posted in Home Buyers by Joan Beal
SHARE

Canada’s top banking watchdog is about to take another stab at overhauling its stress test on residential mortgages.

... More

Banking watchdog launches fresh consultation on mortgage stress test

4/6/2021 | Posted in Toronto Real Estate by Joan Beal
SHARE

Canada's largest housing market logged another month of record sales and price gains in March. The head of the local real estate board is warning of potential unintended ... More

Toronto home sales double in March, average price hits $1.1M

4/6/2021 | Posted in GTA Real Estate by Joan Beal
SHARE

For the third straight month of 2021, record home sales continued in March across the Greater Toronto Area (GTA) with buyers taking advantage of favourable borrowing costs and ... More

Consumer Confidence And Low Interest Rates Drive Up Homes Sales In GTA

3/31/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market.

... More

BoC's Macklem sees 'worrying' signs in housing market

4/1/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

There are calls on policy-makers to take action to prevent a potential housing bubble due to prices going 'parabolic'.

... More

More Calls for Policymakers to Intervene in Housing Frenzy

4/2/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

Lumber supply is low, but demand keeps rising as homeowners nest during the pandemic

... More

Record-high lumber prices add as much as $30K to the cost of building a house

3/27/2021 | Posted in Toronto Real Estate by Joan Beal
SHARE

The housing market in Toronto keeps on accelerating to defy all odds, with small one bedroom condos selling for in the $700,000s after bidding wars, the average home price ... More

Toronto's real estate market is so out of control that it's now considered high risk

3/30/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets.

... More

BMO warns policymakers could 'swing the hammer' on housing

3/30/2021 | Posted in Mortgages and Real Estate by Joan Beal
SHARE

The national mortgage debt balance hit a new record high of $1.65 trillion in Q4 2020, according to data from Statistics Canada.

... More

Mortgage debt balance reaches new highs

3/29/2021 | Posted in Commercial Real Estate by Joan Beal
SHARE

Upward pressure on commercial asset values continues to dominate the nation’s largest cities, according to a new study by Colliers Canada.

... More

Commercial property saw steady growth in value during Q1

3/26/2021 | Posted in Home Owners by Joan Beal
SHARE

Canadians have great expectations when it comes to using their homes to feather their retirement nest eggs.

... More

How your home can fit into your retirement portfolio

3/25/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More

Canadian housing market sees imbalances increase in large cities and smaller centres

3/25/2021 | Posted in Mortgages and Real Estate by Joan Beal
SHARE

As many as 14% of millennials said that they have not been entirely truthful on a previous credit or loan application, compared to the national average of 7%, according to a ... More

Equifax on how many Canadians lie on their mortgage applications

2/5/2021 | Posted in Commercial Real Estate by Joan Beal
SHARE

The last quarter of 2020 saw “favourable” deal flow and intensified competition in the commercial mortgage market, leading to sustained downward pressure on credit ... More

CMLS: Commercial mortgage market seeing stronger deal flow, increased competition

3/25/2021 | Posted in Canadian Housing Market by Joan Beal
SHARE

The Canadian housing market is “overheating” and policy makers need to take steps to cool it down, according to an economist at Royal Bank of Canada, the ... More

RBC wants to cool Canada's housing market
Ask Joan Beal

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 3 + 5 =