Here’s the income you need to pass the mortgage stress test across Canada
What’s the bare minimum that will allow you to buy an average-priced home? We did the math. Continue reading
Canadian Real Estate Association
Canada’s average home price drops over 10% year-over-year in March
Housing markets across most of Canada are feeling the impact of rising interest rates and Ottawa’s new mortgage rules. Continue reading
Canada’s average home price drops 5% in February compared to year ago
Home sales dropped nearly 17 per cent compared to February of 2017, according to the Canadian Real Estate Association. Continue reading
The data is in: Here are the winners and losers of the new mortgage rules so far
January housing data offered a first glimpse into the likely impact of the new federal mortgage standards. Continue reading
Canadian home sales drop 14.5% from December to January as new mortgage rules kick in
New listings were down to the lowest level since 2009. Continue reading
This $750K Toronto listing could be the litmus test for Canada’s housing market
Home prices soared in December as buyers piled in before new mortgage rules kicked in on Jan. 1. Continue reading
Number of home sales expected to drop further in 2018 due to new mortgage rules: CREA
The association now forecasts a 5.3 per cent drop in national sales to 486,600 units next year. Continue reading
Canadian home sales expected to drop to lowest level in 3 years
The Canadian Real Estate Association projects sales in British Columbia and Ontario will fall by about 10 per cent in 2017. Continue reading
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Saint John recovering from real estate market drought
By Andrew Cromwell Video Journalist
The average amount of time it takes to sell a home in the Saint John region is at a six year low according to figures from the Canadian Real Estate Association Continue reading
Canadian home prices in July down from a year ago, CREA says
The association says the average price for a home sold last month was $478,696, down 0.3 per cent from July 2016. Continue reading
