Tag: home sales

Lower Home Prices

House prices expected to drop in 2017

By: igill

Canadian realtors are forecasting a price drop across Canada for the first time since 2008. They blame the new mortgage regulations brought in by the federal government in the last quarter of 2016.

Home prices continue upward trend

By: The Super Broker

It seems that recent good news regarding the Canadian real estate market wasn’t an isolated incident, as new data shows home prices are on the rise.

Creeping mortgage rates are part of housing market's soft landing

By: The Super Broker

The reports of the demise of Canada's housing sector appear to have been greatly exaggerated. According to the Royal LePage House Price Survey, housing prices across the country continue to post relatively modest gains, and home loans have been kept in check, leading to market stability. And, defying those who had predicted an imminent collapse, …

spring-home-sales

Mortgage rates effect spring home sales

By: The Super Broker

In May, sales of existing homes in Canada rose 3.6 percent, marking the biggest monthly gain in two-and-a-half years. But with Canadian mortgage rates likely to rise, and some doomsayers predicting a housing bubble, the question is whether that growth is sustainable. Rising interest rates pushing people to buy now? Many buyers, realtors and investors are trying …

housing starts

Canada's housing market to slowly rise by the end of 2013 and into 2014

By: The Super Broker

The Canada Mortgage and Housing Corporation (CMHC) said that the housing market will pick up momentum in the later part of this year and into 2014. David George-Cosh said in a blog for The Wall Street Journal that if this prediction sounds familiar, it's because it's similar to the outlook of an agency report in February, but …

Data sheds light on big banks and mortgage market

By: The Super Broker

While much has been made of forecasts and feelings regarding Canada’s mortgage market in the last few months, nothing compares to cold, hard facts.

Banks see rate increases, mortgage brokers still offer deals

By: The Super Broker

News of Canadian banks increasing their mortgage rates has some mortgage brokers on edge, according to an article from Mortgage Broker News.

condominiums

Many urban Canadians opt for condos

By: The Super Broker

Home sales may be slowing down, but a report from the Bank of Montreal shows that plenty of Canadians are looking to enter the condominium market.

Home prices rise, construction declines

By: The Super Broker

If it seems like Canada’s housing market bounces back and forth from doom and gloom to optimism and sunshine faster than a mortgage application can be submitted, it’s likely because it makes for better headlines than the truth: The market is cooling, but it’s heading for a soft landing, not a crash.

Counting on curb appeal

By: The Super Broker

Many Canadian homeowners are looking to take advantage of historically low mortgage rates and upgrade to a new property.

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