Housing Market
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30-year amortizations will only impact a ‘sliver’ of the housing market: BMOThe Liberal government's shift to allow 30-year mortgage amortizations for some first-time homebuyers will impact a 'small segment' of the housing market, a BMO economist says.MoneyApr 12
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Annual home prices predicted to rise nearly 10% by end of year: Royal LePageRoyal LePage is predicting that annual home prices will rise nine per cent by the end of the year in an updated housing market forecast.CanadaApr 12
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Canada needs another 1.3M homes by 2030 to solve supply and demand gap: PBOThe Parliamentary Budget Officer said in a report released Thursday that it will take building a total of about 3.1 million homes to solve Canada's housing gap.CanadaApr 11
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Buying a home feels out of reach for 76% of non-owners, poll showsAn overpriced housing markets and the inability to save for a down payment are contributing to the housing market feeling out of reach for a majority of non-owners, a report said.ConsumerApr 11
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Are ‘mom-and-pop’ investors pricing out first-time homebuyers?Experts said that wealthy investors with second or third properties are pricing out first-time homebuyers and reducing the overall housing supply in the real estate market.CanadaApr 1
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A lawsuit wants to change the way you pay your Realtors. What to knowEarlier this month, the National Association of Realtors in the United States agreed to do away with policies that for decades helped set agent commissions.CanadaMar 27
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It’s the best time of year to negotiate your mortgage rate. Here’s howNow is one of the best times of the year to get lenders competing for your mortgage, experts say. Here's what you need to know to negotiate a better deal.MoneyMar 16
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Toronto home sales up in February from last year as consumers eye rate cuts: TRREBGreater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday.CanadaMar 5
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Some Canadians exploring ‘non-traditional’ ways to own a home. What are they?Unaffordability in Canada's housing market is pushing nearly a third of would-be buyers to consider co-ownership and other 'non-traditional' paths to buy a home, Re/Max says.MoneyFeb 27
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‘Colossally high’ number of Canadians plan to buy a home within a year. Why?Nearly 50 per cent of Canadians say they plan to purchase a home in the next five years and 11 per cent within the next 12 months, a new poll shows.ConsumerFeb 22
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