Canadian housing starts remain steady heading into winter
As Canada approaches the harsh winter months, it looks like the nation’s housing starts remained steady through November 2019, according to the latest data from the Canada Mortgage and Housing Corporation.
Toronto real estate may be at risk of a rapid price correction, says IMF
Hamilton, Toronto, and Vancouver may be at risk of a rapid home price correction, according to a new report by the International Monetary Fund.
First-time buyer activity dropping as housing market rebounds
With the majority of the year behind us, it looks like the Canadian housing market bounced back in 2019, but we can’t say the same about first-time buyers.
Toronto home prices make sense based on economic fundamentals
The Canada Mortgage and Housing Corporation recently announced that the Toronto housing market is no longer at risk of overvaluation. It sounds like good news, but what exactly does this mean?
Canadian housing starts slow down, but many units remain in the pipeline
National housing starts took a breather in October 2019, according to the latest report from the Canada Mortgage and Housing Corporation.
Toronto housing market no longer at risk of overvaluation
After a lengthy period of high vulnerability in Toronto’s housing market, it finally looks like things are starting to ease up, according to the Canada Mortgage and Housing Corporation’s latest Housing Market Assessment.
You can expect Canadian home prices and sales to increase in 2020
Following a rocky 2018, Canada’s housing market showed signs of rebounding all through 2019, and it looks like a recent report has confirmed that sales and prices will be on the rise in 2020.
Ground-oriented housing starts gaining strength in Toronto
According to the Canada Mortgage and Housing Corporation’s monthly housing starts report, national starts trended at 223,507 units in September 2019, up slightly from 218,782 in August.
Detached housing starts trending higher despite rising prices
The Canada Mortgage and Housing Corporation released its monthly housing starts data for August 2019, reporting the trend reaching 218,998 units, up from the 208,931 in July. The trend is a six month moving average of seasonally adjusted annual rates.
Am I contributing to the housing supply shortage by not downsizing?
Will aging baby boomers really prevent millennials from moving up and buying single-family homes in Toronto? A new report from the Canada Mortgage and Housing Corporation suggests this will happen.
