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Industry News

2018 will be ‘year of stability’ for Canadian real estate

2018 will be ‘year of stability’ for Canadian real estate

  • Jan 10, 2018

Prices are slated to continue decelerating this year and stability is projected to return to many markets


Governments are committed to housing affordability in BC

Governments are committed to housing affordability in BC

  • Jan 09, 2018

Relief is projected to take at least a decade to complete, and it isn’t clear if lower-income residents will genuinely benefit


Condos owned by non-residents remained low in 2017

Condos owned by non-residents remained low in 2017

  • Jan 09, 2018

Shares hardly changed in Toronto and Vancouver but increased in Montréal, according to CMHC and Statistics Canada


Why are condos so expensive in Toronto and Vancouver?

Why are condos so expensive in Toronto and Vancouver?

  • Jan 05, 2018

Condo prices saw double-digit gains in Toronto and Vancouver last year; this is in stark contrast to the single-digit gains seen in single-family detached homes


CREA slashes its home sales forecast due to mortgage stress test

CREA slashes its home sales forecast due to mortgage stress test

  • Jan 05, 2018

OSFI’s revised mortgage underwriting guidelines are expected to reduce sales activity across the country, particularly in Toronto and Vancouver


House prices in the GTA could rise nearly 7% in 2018

House prices in the GTA could rise nearly 7% in 2018

  • Dec 15, 2017

Price growth in the Greater Toronto Area is forecasted to be stronger than those in Vancouver and Montreal, according to Royal LePage


House prices will continue to rise in Greater Vancouver in 2018

House prices will continue to rise in Greater Vancouver in 2018

  • Dec 15, 2017

However, price growth will be less intense due to OSFI’s new stress test rules for home loan borrowers, according to Royal LePage


House prices in Montréal will continue to heat up in 2018

House prices in Montréal will continue to heat up in 2018

  • Dec 14, 2017

A strong jobs market and thriving economy are not only fuelling sales, they’re also pushing up house prices, according to Royal LePage