Home prices
Is the First-Time Home Buyer Incentive a good deal for homebuyers?
We did the math. Here’s what we found. Continue reading
Most boomers likely won’t downsize for another 20 years — too late for millennials
Millennials, who are starting to have children, need more bedrooms. But boomers, who own many of the bigger homes, aren’t going anywhere. Continue reading
New York nearly got a version of Vancouver’s empty homes tax — before the real estate industry killed it
By Sean Boynton Online Journalist
Lawmakers have since been forced to whittle down the proposal, but they’re still looking to Vancouver for inspiration. Continue reading
New Liberal mortgage plan will have little effect on housing prices: CMHC
Canada’s housing agency says new spending measures aimed at helping first-time buyers afford homes won’t push prices up more than a few tenths of a percentage point. Continue reading
Metro Vancouver home prices dip again in March, sales at historic low: real estate board
By Simon Little Online Journalist
The slide in prices comes as sales dipped to 46.3 per cent below the 10-year March sales average, making it the lowest number of sales since 1986. Continue reading
Average price for Toronto-area homes up in February, sales down from year ago
The Toronto Real Estate Board says there were 5,025 homes sold in the region last month, down from 5,148 in the same month last year. Continue reading
London home prices rise in final months of 2018
According to Royal LePage, the average price of a home in London rose almost nine per cent year-over-year to more than $388,000 in the fourth quarter of 2018. Continue reading
New report says B.C. housing market in midst of recession that could last for 3 years
By Sean Boynton Online Journalist
Central 1 Credit Union linked what it calls a “mild” recession to the latest mortgage stress test rules and provincial regulations in B.C. Continue reading
Falling B.C. real estate market projected to bring national home sales down to nearly 10-year low
By Sean Boynton Online Journalist
The Canadian Real Estate Association’s latest quarterly forecast projects B.C.’s market will take another 5.2-per-cent hit in 2019. Continue reading
Royal LePage expects Regina housing prices to drop nearly 5% in 2019
Royal LePage has released their market forecast for Regina in 2019 and the average home price in Regina is expected to drop by 4.7 per cent. Continue reading