Real Estate News, Articles, Reports, Analysys & Trends

8/19/2022 | Posted in Commercial Real Estate by Sheru Asnani
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Consumers are increasingly confident in the market’s stability and prospects according to a new report.

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GTA commercial market continues to surge

8/19/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics.

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Demographics a powerful counterforce in Canada's housing market correction

8/16/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.

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CMHC reports annual pace of housing starts up 1.1 per cent in July

7/28/2022 | Posted in Commercial Real Estate by Sheru Asnani
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Following a volatile first quarter, office market conditions are starting to steady in the second quarter of 2022.

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Q2 2022: Office assets see slow but steady recovery halfway into 2022 while heightened cautiousness is noted in investor sentiment amongst interest rate hikes

8/14/2022 | Posted in Home Buyers by Sheru Asnani
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Housing affordability deteriorated to its worst level in over 30 years, according to data from the Bank of Canada.

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BoC's Affordability Index reaches its worst level since 1991

8/15/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022.

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Canadian home sales slow further in July

8/12/2022 | Posted in Ontario News by Sheru Asnani
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The Ontario government is planning to move forward with several tax credits for residents as it formally tabled its 2022-23 budget on Tuesday.

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Will you be eligible for one of Ontario's new tax credits?

8/12/2022 | Posted in First Time Home Buyers by Sheru Asnani
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Details of a new account to help Canadians save to buy their first home have been revealed this week.

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New first home savings account details revealed

8/11/2022 | Posted in Condos For Sale by Sheru Asnani
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A recent research report found that condo boards should be making sure there are enough reserve funds being budgeted to help pay for expensive repairs in the future.

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Aging condos in Ontario will need expensive repairs in the future, report finds

8/9/2022 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say

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Experts: BoC rate hikes to go full steam ahead despite economic malaise

8/8/2022 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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Expand the Bank of Canada mandate, for starters

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Housing crisis in Canada - six suggested solutions

8/5/2022 | Posted in Mortgages and Real Estate by Sheru Asnani
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Trend builds on substantial annual increase in Canadian residential mortgage debt last year.

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StatCan: Mortgage activity remains strong among non-bank lenders

8/4/2022 | Posted in GTA Real Estate by Sheru Asnani
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There were 4,912 home sales reported through the Toronto Regional Real Estate Board (TRREB) MLS® System in July 2022 - down by 47 per cent compared to July 2021. Following ... More

GTA Home Sales and Listings Trend Downwards in July

8/2/2022 | Posted in Toronto Real Estate by Sheru Asnani
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Sales of new condominiums in the greater Toronto area declined by 19 per cent sequentially in the second quarter of this year, while the average price per square foot reached a ... More

Toronto new condo sales decline 19%, prices rise: Urbanation

8/2/2022 | Posted in Toronto Real Estate by Sheru Asnani
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There are signs that the broader real estate slowdown has spread to the preconstruction market, where purchases are seen as bets on future housing because buyers wait years for ... More

Toronto developers expected to delay 10,000 units as slowdown hits condo presales

8/1/2022 | Posted in Home Buyers by Sheru Asnani
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Here is a list of expenses you will have with carrying a home.

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What Are the Monthly Expenses of Carrying a Home?

7/31/2022 | Posted in Home Buyers by Sheru Asnani
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Here are the pros and cons of buying a house in a recession - and everything in between.

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What are the pros and cons of buying a house in a recession?

7/30/2022 | Posted in Canada Living by Sheru Asnani
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These circumstances create one of the greatest lifetime wealth-building opportunities for millennials and Gen Z.

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High inflation and rising interest rates are a financial opportunity for young people

7/29/2022 | Posted in GTA Real Estate by Sheru Asnani
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The Greater Toronto Area’s average rent has reached a new high in Q2 amid intensified competition, according to the region’s real estate industry association.

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The region is seeing rapidly intensifying competition, industry board says

7/25/2022 | Posted in Real Estate Investments by Sheru Asnani
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Over the last year, the central bank issued repeated warnings about the risk investors posed to the market as they became a greater share of the country’s ... More

Housing investors are heading for the exits as rates rise

7/25/2022 | Posted in Toronto Real Estate by Sheru Asnani
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New data is revealing how much money Toronto residents need to make in order to afford to purchase a home in the city.

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This is how much money you need to make to afford a house in Toronto

7/19/2022 | Posted in Rental Market by Sheru Asnani
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GTA rent prices rose by “the fastest pace on record” in the second quarter of this year with the average one-bedroom unit being leased out for nearly $2,200 a ... More

Rent prices in Toronto rose by 'fastest pace on record' in Q2: report

7/18/2022 | Posted in Mortgages and Real Estate by Sheru Asnani
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper ... More

Interest rate hike like a 'hammer to housing': BMO senior economist

7/18/2022 | Posted in Interest Rates by Sheru Asnani
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The Bank of Canada's intention to "frontload" its path to higher rates means its policy rate could peak as early as September, according to a prominent CIBC ... More

Bank of Canada rate could peak in September, says CIBC economist

7/18/2022 | Posted in Canadian Housing Market by Sheru Asnani
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The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a ... More

Canadian housing starts trend higher in June

7/15/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022.

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Canadian home sales down again in June, but declines are getting smaller

7/14/2022 | Posted in Canadian Economy and Interest Rates by Sheru Asnani
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According to the Bank of Canada’s new forecast, the rate shock it just delivered will keep inflation expectations in check, restraining wage demands and price ... More

Rate shock raises questions over Bank of Canada's rosy view

7/13/2022 | Posted in Mortgages and Real Estate by Sheru Asnani
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The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years.

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How the Bank of Canada's rate hike will impact mortgages, loans and spending
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