Real Estate News, Articles, Reports, Analysys & Trends

8/8/2020 | Posted in Commercial Real Estate by Joan Beal
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The second quarter saw the resulting impact from the rapid spread of COVID-19 and mandatory lockdowns that began in mid-March. Working from home became the new normal, streets ... More

GTA commercial real estate market experiences pause in second quarter

8/11/2020 | Posted in Canadian Housing Market by Joan Beal
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The trend in housing starts was 204,376 units in July 2020, up from 199,778 units in June 2020, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure ... More

Canadian housing starts increased in July

8/10/2020 | Posted in Mortgage News by Joan Beal
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Effective this week, it gets a little easier to buy a house or refinance.

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The Mortgage Stress Test Loosens Up

8/10/2020 | Posted in Mortgages and Real Estate by Joan Beal
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While shrinking mortgage delinquencies during the first quarter have set the stage for even lower Q2 readings, analysts warned that a significant increase might take place ... More

CMHC not the only group expecting a 'deferral cliff'

8/7/2020 | Posted in Commercial Real Estate by Joan Beal
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Why US major retailers choose bankrupcy protection? Coming very soon to Canada ...

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Retailers use bankruptcy to break leases by the thousands

8/6/2020 | Posted in GTA News by Joan Beal
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Toronto Regional Real Estate Board President Lisa Patel announces that Greater Toronto Area REALTORS® reported 11,081 sales through TRREB’s MLS® System in July ... More

TRREB Releases July Resale Housing Report

8/2/2020 | Posted in Toronto Real Estate by Joan Beal
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The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by since last year, but the average selling price is up.

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Toronto condo sales down 50 per cent from last year, but prices are up: TRREB

7/29/2020 | Posted in Canada Living by Joan Beal
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Canadians who owe the tax man are getting another reprieve because of COVID-19.

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Canadians who owe the tax man are getting another reprieve because of COVID-19

7/23/2020 | Posted in Ontario Real Estate by Joan Beal
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The Ontario government has passed Bill 184, Protecting Tenants and Strengthening Community Housing Act, 2020 into law as a way to provide stability to the province's rental ... More

Landlord and Tenant Bill Passes

7/25/2020 | Posted in Toronto Living by Joan Beal
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Condos in Toronto’s downtown core have become increasingly out of reach of most household budgets, skewing what it means to be “middle-class” in one of ... More

How much does a 'middle class' lifestyle cost in Toronto?

7/28/2020 | Posted in Toronto Real Estate by Joan Beal
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Throughout the COVID-19 pandemic, homeowners have had a lot of time to reassess what they need in a home. For some, this has meant considering a new property outside of the ... More

Toronto homebuyers won't leave city for suburbs as pandemic drags on

7/29/2020 | Posted in Toronto Real Estate by Joan Beal
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Toronto’s condominium market showed significant slowdown in the second quarter, with sales dropping to their lowest levels since 2009, according to the Q2-2020 ... More

Toronto condo sales fall to lowest level since 2009

7/28/2020 | Posted in Canadian Housing Market by Joan Beal
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This fall, loan payments unemployed borrowers kicked down the road must start being repaid again, plus interest

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CMHC eyeing 'new tools' as mortgage deferral cliff looms for borrowers

7/27/2020 | Posted in Commercial Real Estate by Joan Beal
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Latest data from Statistics Canada showed that e-commerce flourished in the months following the widespread implementation of COVID-19 mobility restrictions – leading ... More

What does Canada's rapid e-commerce growth mean for retail real estate?

7/24/2020 | Posted in Financial Health by Joan Beal
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There are some financial maxims younger generations hear from well-intentioned parents and other figures in their lives, but experts say that many of those go-to personal ... More

Some older personal finance rules may no longer apply, experts say

7/22/2020 | Posted in Toronto Real Estate by Joan Beal
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A limited supply of houses for sale, paired with rising demand as COVID-19 pandemic restrictions lift, have caused real estate prices in Toronto to skyrocket over the past few ... More

Here's where house prices are rising the fastest in Toronto right now

7/21/2020 | Posted in Canadian Housing Market by Joan Beal
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Despite prices swelling in a number of Canadian markets, the most recent Teranet-National Bank National Composite House Price Index claims Canada’s housing market ... More

Teranet-National Bank data points to decline in home prices

7/20/2020 | Posted in Commercial Real Estate by Joan Beal
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Toronto’s commercial segment continues to labour under adverse conditions, with the downtown market recently seeing a spike in office vacancies.

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Downtown Toronto experiencing spike in office vacancies

7/14/2020 | Posted in Canadian Economy and Housing Market by Joan Beal
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While Canadian housing starts have gained momentum and are on pace for more than 200,000 this year, CIBC World Markets managing director and deputy chief economist Benjamin Tal ... More

Housing starts stay strong, but 'confusing' fall ahead: CIBC

7/15/2020 | Posted in Mortgage Interest Rates by Joan Beal
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The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent.

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Bank of Canada will maintain current level of policy rate

7/15/2020 | Posted in Canadian Housing Market by Joan Beal
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Statistics released today by the Canadian Real Estate Association (CREA) reveal national home sales and new listings continued to rebound in June 2020.

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Canadian home sales and new listings up again in June

7/13/2020 | Posted in Mortgages and Real Estate by Joan Beal
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Renewal and refinance activity has spiked since lockdowns were lifted according to a recent report.

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Borrowers rushing to take advantage of current low interest rate environment

7/9/2020 | Posted in Commercial Real Estate by Joan Beal
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A significant fraction of Canadian business tenants are expecting their revenues to bounce back to pre-pandemic levels within 12 months, according to a recent survey by the ... More

Significant portion of businesses optimistic about post-COVID-19 recovery

7/9/2020 | Posted in Canadian Housing Market Predictions by Joan Beal
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Strong June home sales data from Toronto and Vancouver finally gave wary homebuyers and industry professionals the dose of good news that they’d sorely needed.

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Housing market rebound will slow down by fall: RBC

7/9/2020 | Posted in Financial Health by Joan Beal
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Canadian household debt has shown relatively muted increases despite growth in the mortgage segment, according to data from the central bank.

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BoC: Household debt shows flat growth, while mortgage swells

7/8/2020 | Posted in Toronto Real Estate by Joan Beal
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Toronto’s real estate market appears to be roaring back to life, but some housing industry observers believe prices are being propped up by a combination of government ... More

Toronto home prices soar as listings remain low, but some question how long that will last

7/7/2020 | Posted in Toronto Real Estate by Joan Beal
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Greater Toronto Area home sales are rebounding from the COVID-19 pandemic and prices are on the rise, but completed transactions are still short of where they were last year, ... More

Toronto housing prices up nearly 12 per cent despite pandemic

7/7/2020 | Posted in Toronto News by Joan Beal
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Toronto city council voted to make masks mandatory in enclosed, public places last week following recommendations from the medical officer of health. Most of the GTA is moving ... More

Face masks now mandatory in public indoor spaces in Toronto

7/7/2020 | Posted in GTA Real Estate by Joan Beal
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Toronto Regional Real Estate Board President Lisa Patel announced that Greater Toronto Area REALTORS® reported 8,701 sales through TRREB’s MLS® System in June ... More

TRREB Releases June Resale Housing Market Report

7/6/2020 | Posted in Financial Health by Joan Beal
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Data from the Office of the Superintendent of Bankruptcy Canada (OSB) revealed that federal fiscal support and payment deferrals are helping households retain their purchasing ... More

Deferrals, government aid keeping household finances afloat
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