3/23/2023 | Posted in Canadian Housing Market by Adam Campoli
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How could the news impact the national housing market? ... More
3/22/2023 | Posted in Rental Market by Adam Campoli
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Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock, Royal Bank of Canada said in a report Wednesday. ... More
3/9/2023 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The central bank has left its policy rate untouched for the first time in over a year ... More
3/7/2023 | Posted in Canadian Economy and Housing Market by Adam Campoli
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As home prices and interest rates remain elevated, a record number of non-homeowners think they’ll never afford a house, according to a new survey. ... More
2/10/2023 | Posted in Canadian Housing Market Predictions by Adam Campoli
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A new report says Canada's housing market will see new listings fall in the first quarter before rebounding later in the year and then, slowing to a more modest growth pace in ... More
2/2/2023 | Posted in Home Owners by Adam Campoli
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As Canadian homeowners grapple with the Bank of Canada's flurry of interest rate hikes, one in three say they won't be able to handle higher rates for long before they are ... More
1/30/2023 | Posted in Canadian Economy and Housing Market by Adam Campoli
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But the Bank of Canada has a tricky balancing act that cannot decimate real estate. ... More
1/19/2023 | Posted in Home Owners by Adam Campoli
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An increasing number of Canadians appear to be tapping into their homes for extra cash. ... More
1/14/2023 | Posted in Canadian Housing Market by Adam Campoli
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Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, the ... More
1/13/2023 | Posted in Canadian Housing Market by Adam Campoli
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More
1/3/2023 | Posted in Mortgages and Real Estate by Adam Campoli
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Despite a strong start to the year, real estate in 2022 was largely defined by a lack of affordability, spurred by one of the most polarizing interest rate hike cycles in Bank of ... More
12/19/2022 | Posted in Rental Market by Adam Campoli
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The cost of rent in Canada has been on an uptrend since the pandemic, and in November reached an average of $2,024. That’s a 12% jump since last year and up 2.5% since ... More
12/15/2022 | Posted in Home Buyers by Adam Campoli
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Canada's banking regulator confirmed today it will leave the mortgage stress test for uninsured mortgages unchanged. ... More
12/15/2022 | Posted in Canadian Housing Market by Adam Campoli
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022. ... More
12/7/2022 | Posted in Rental Market by Adam Campoli
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Royal Bank of Canada economists say the country has reached a record number of renters as the number of people renting has increased at three times the rate of homeowners in the ... More
12/4/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is expected to increase interest rates once more this week, capping off a tumultuous year for the central bank. ... More
11/22/2022 | Posted in Rental Market by Adam Campoli
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Having already surpassed pre-pandemic levels, the average rent in Canada continued to rise in October. ... More
11/15/2022 | Posted in Canadian Housing Market by Adam Campoli
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More
11/3/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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The Bank of Canada is almost done with its current series of rate hikes, but consumers should brace for higher borrowing costs before the end, according to central bank governor ... More
10/14/2022 | Posted in Canada Living by Adam Campoli
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Many economists say a mild recession is on the cards as they look ahead to 2023. ... More
10/14/2022 | Posted in Canadian Housing Market by Adam Campoli
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More
9/30/2022 | Posted in Canada Living by Adam Campoli
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Personal finances of millions of Canadians are worsening, and more people are concerned about their high levels of debt ... More
9/22/2022 | Posted in Canadian Housing Market by Adam Campoli
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10 million households own their home, while 5 million rent. But the gap is narrowing. ... More
8/19/2022 | Posted in Canadian Housing Market by Adam Campoli
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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. ... More
8/16/2022 | Posted in Canadian Housing Market by Adam Campoli
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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. ... More
8/9/2022 | Posted in Canadian Economy and Interest Rates by Adam Campoli
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A massive rate jump at the central bank’s meeting next month is a near certainty, economists say ... More
8/8/2022 | Posted in Canadian Economy and Housing Market by Adam Campoli
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Expand the Bank of Canada mandate, for starters ... More
7/12/2022 | Posted in Canadian Housing Market Predictions by Adam Campoli
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CMHC revises down home price forecast over next two years to adjust for interest rate spike. ... More
6/17/2022 | Posted in Mortgages and Real Estate by Adam Campoli
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Experts say extending the amortization period for your mortgage could keep your monthly payments in check even as you face higher interest rates, but caution that doing so comes ... More
6/15/2022 | Posted in Canadian Housing Market by Adam Campoli
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More
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