Mar 22
A Royal Bank of Canada report predicts Canada's rental housing shortage will quadruple to 120,000 units by 2026 without a significant boost in stock.
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Mar 17
6:50Here's how minimum down payments for homes in B.C. have changed during the pandemic
Residents in British Columbia are facing the highest average property prices in Canada and according to a report by Zoocasa, the minimum down payment for a detached house and condo has increased in every municipality since the beginning of the pandemic.
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Mar 17
6:14Canadian housing prices had smaller decline in February: Housing index
Canadian housing prices went down in February for the tenth consecutive month but the decline was smaller than in January, according to the Teranet-National BankTM Composite House Price Index.
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Mar 16
Many Canadian homebuyers were sidelined after interest rates climbed to the highest level in more than a decade last year, but a new report found most individuals that postponed their housing dreams are planning to return to the market.
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Mar 10
9:13New Canadian homebuyers increasingly stretched amid higher rates
Measures of financial vulnerabilities continued to rise in Canada as higher borrowing costs squeezed homebuyers at the end of last year, central bank data show.
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Mar 8
9:13What mortgage owners need to know about the Bank of Canada's rate pause
The Bank of Canada’s decision to hold interest rates on Wednesday will provide relief to variable rate mortgage holders and could spur momentum in the nation's housing market, according to experts.
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Mar 7
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.
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Mar 6
4:03Montreal home sales hit new all-time low for February: Quebec board
The Quebec Professional Association of Real Estate Brokers says Montreal's February home sales hit a new low last month, dropping 32 per cent from the prior February.
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Mar 6
9:49Cadillac Fairview acquires 95% stake in Lincoln Property's residential business
The Toronto-based mall operator owned by the Ontario Teachers' Pension Plan did not say how much it paid for the stake in the Dallas-based real estate investment and development company.
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Mar 6
Housing market prices will most likely continue to drop another 10 per cent by the end of the year, according to a panel of economists and industry experts.
