4/9/2024 | Posted in Real Estate Market by Marti Philp
  SHARE

The housing affordability crisis in Canada is reaching alarming new heights, impacting middle-income families far beyond major cities, according to a new report from RBC. ... More

Real Estate & Mortgage News

  8/18/2023 | Posted in Real Estate Market by Marti Philp
  SHARE

Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index. ... More

Real Estate & Mortgage News

  1/7/2020 | Posted in Real Estate Market by Marti Philp
  SHARE

The dominance of the condo market in terms of price growth could soon end as millennials start to shift their preferences to established homes, according to a market survey ... More

Real Estate & Mortgage News

  4/1/2019 | Posted in Real Estate Market by Marti Philp
  SHARE

The start of 2019 saw an uptick for Canada’s construction sector as both residential and non-residential posted gains; and a stronger showing for real estate brokerages. ... More

Real Estate & Mortgage News

  9/29/2018 | Posted in Real Estate Market by Marti Philp
  SHARE

9 years salary to buy a house in Vancouver, more than 6 in Toronto. ... More

Real Estate & Mortgage News

  8/14/2018 | Posted in Real Estate Market by Marti Philp
  SHARE

Signs are appearing in the Greater Toronto Area that the worst of the housing correction is now over. ... More

Real Estate & Mortgage News

  2/8/2018 | Posted in Real Estate Market by Marti Philp
  SHARE

New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules for ... More

Real Estate & Mortgage News

  11/15/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a modest monthly increase in October but remain below levels ... More

Real Estate & Mortgage News

  11/15/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

In October the Teranet–National Bank National Composite House Price Index™ was down 1.0% from the previous month, a second consecutive monthly decline and the largest ... More

Real Estate & Mortgage News

  10/27/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Moderate overvaluation and price acceleration continue to concern the CMHC which said Thursday that the Canadian housing market remains “highly vulnerable”. ... More

Real Estate & Mortgage News

  10/26/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

A nationwide study by Century 21 reveals Canada's 10 priciest neighbourhoods. ... More

Real Estate & Mortgage News

  10/14/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

The number of homes sold in September climbed for the second month in a row after a slowdown earlier this year that was led by a cooling in the Toronto market. ... More

Real Estate & Mortgage News

  10/13/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales in September rose modestly from the previous month but remained down ... More

Real Estate & Mortgage News

  10/12/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

In September the Teranet–National Bank National Composite House Price Index™ was down 0.8% from the previous month, the largest monthly decline since ... More

Real Estate & Mortgage News

  10/10/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Conventional economic factors including population, incomes and borrowing costs accounted for less than half of the 40% surge in Toronto home prices between 2010 and 2016, ... More

Real Estate & Mortgage News

  10/8/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Home affordability is bad in Canada. It's about to get worse. ... More

Real Estate & Mortgage News

  9/29/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

While plenty of homeowners, potential homeowners, and experts will disagree, Canada’s homes are not as expensive as we may think. ... More

Real Estate & Mortgage News

  9/27/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Demand for luxury properties is up in Victoria, Calgary, and Oakville, while the urban hubs of Vancouver and the GTA saw decreased demand for luxury ... More

Real Estate & Mortgage News

  9/26/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Despite rising interest rates and various policy measures implemented to slow down pricing growth, the Canadian housing market is not on track for a sharp decline. It nonetheless ... More

Real Estate & Mortgage News

  9/22/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Vancouver and Toronto luxury property sales should accelerate this fall after a period of relative sluggishness, according to a new report from Sotheby’s International ... More

Real Estate & Mortgage News

  9/18/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

If current trends are any indication, Canada’s hotel segment is now ready for intensified expansion to accommodate strong demand, according to market observers. ... More

Real Estate & Mortgage News

  9/18/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

There was a small increase in national home sales in August, reversing a four-month trend of decline, as the GTA rebounded. ... More

Real Estate & Mortgage News

  9/18/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

A housing market outlook from RBC Economics is calling for a decline in resales for 2017 and 2018 and a deceleration of price rises. ... More

Real Estate & Mortgage News

  9/15/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a small gain in August 2017. ... More

Real Estate & Mortgage News

  9/14/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

National housing market to see no more than 1.3% annual price gains but Toronto may buck the trend because of strong demand than flies in the face of affordability. ... More

Real Estate & Mortgage News

  9/14/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

In August the Teranet-National Bank National Composite House Price Index™  was up 0.6% from the previous month, less than the average 0.7% gain for ... More

Real Estate & Mortgage News

  9/1/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Canada has seen the fastest house-price growth among the major economies of the G20, a new report says. But with Toronto's housing market entering a slowdown, it's ... More

Real Estate & Mortgage News

  8/21/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

Economists say the Canadian housing bubble — long feared to be vulnerable to a dangerous pop — is now officially dead. ... More

Real Estate & Mortgage News

  8/17/2017 | Posted in Real Estate Market by Marti Philp
  SHARE

'Peak Millennials' (aged 25 to 30) to create strong wave of demandNational survey shows while the peak millennial dream to own property is very strong, ... More

Real Estate & Mortgage News
Ask Marti Philp

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.