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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Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  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

Real Estate & Mortgage News

  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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Real Estate & Mortgage News

  7/12/2022 | Posted in Canadian Housing Market Predictions by Sheru Asnani
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CMHC revises down home price forecast over next two years to adjust for interest rate spike.

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Real Estate & Mortgage News

  6/30/2022 | Posted in Canada Living by Sheru Asnani
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This trend could spur further growth in the Canadian housing market

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Real Estate & Mortgage News

  6/28/2022 | Posted in Interest Rates by Sheru Asnani
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Inflation in Canada grew at a pace not seen since 1983, further increasing the likelihood of an “oversized” rate hike of 75 basis points at the Bank of ... More

Real Estate & Mortgage News

  6/24/2022 | Posted in Canada Living by Sheru Asnani
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Majority of supply gap found in Ontario and British Columbia, agency says

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Real Estate & Mortgage News

  6/22/2022 | Posted in Rental Market by Sheru Asnani
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The Canadian housing market continues to witness a dramatic climb in rental prices according to a report from rental listing platform Zumper published last Wednesday.

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Real Estate & Mortgage News

  6/16/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says

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Real Estate & Mortgage News

  6/16/2022 | Posted in Canadian Housing Market by Sheru Asnani
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels.

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Real Estate & Mortgage News

  6/15/2022 | 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 May 2022.

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Real Estate & Mortgage News

  6/13/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada.

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Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Sheru Asnani
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known ... More

Real Estate & Mortgage News

  6/8/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Central bank's outsized rate increases having a big impact, according to RBC.

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Real Estate & Mortgage News

  6/1/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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The Bank of Canada has raised its trendsetting interest rate by 50 basis points, marking its second consecutive oversized hike – and third overall increase this year ... More

Real Estate & Mortgage News

  5/31/2022 | Posted in Mortgage Interest Rates by Sheru Asnani
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The increments in the central bank’s rate hikes will become narrower in the foreseeable future, analysts say

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Real Estate & Mortgage News

  5/30/2022 | Posted in First Time Home Buyers by Sheru Asnani
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Now that home prices have started to fall from their February peak, the federal government is reportedly planning to introduce limits on its First-Time Home Buyer Incentive ... More

Real Estate & Mortgage News

  5/25/2022 | Posted in Canadian Housing Market by Sheru Asnani
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown"

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Real Estate & Mortgage News

  5/19/2022 | Posted in Canadian Housing Market by Sheru Asnani
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years.

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Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Sheru Asnani
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March.

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Real Estate & Mortgage News

  5/17/2022 | Posted in Canadian Housing Market by Sheru Asnani
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

Real Estate & Mortgage News

  4/26/2022 | Posted in Real Estate News by Sheru Asnani
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Canadian household budgets are being squeezed tight but buying a home remains on the wish list

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Real Estate & Mortgage News

  4/25/2022 | Posted in Interest Rates by Sheru Asnani
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Most of the country's big banks are now advertising special-offer 5-year fixed rates above 4%.

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Real Estate & Mortgage News

  5/2/2020 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are ... More

Real Estate & Mortgage News

  4/26/2020 | Posted in Canadian Housing Market by Sheru Asnani
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.

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Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Housing Market by Sheru Asnani
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

Real Estate & Mortgage News

  4/21/2020 | Posted in Canadian Economy and Housing Market by Sheru Asnani
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Rising unemployment and high debt is expected to boost mortgage loan delinquencies in Canada, though experts say it won’t play out like the U.S. subprime mortgage crisis ... More

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