Author: inboks
By Chuck Chiang Eby and Prime Minister Mark Carney were in Vancouver Thursday announcing a multibillion-dollar agreement on energy, resources and transportation investments, but they also defended their… Read more at www.canadianmortgagetrends.com
Apartment condo prices in Calgary fell nearly 9% from last year in June, as higher-density supply continued to weigh on that segment even while the broader resale market remained closer to balanced. The… Read more at www.canadianmortgagetrends.com
Housing affordability improved again across most major Canadian markets in the first quarter, but RBC Economics says the period of meaningful relief may be nearing its limit. RBC’s national affordability… Read more at www.canadianmortgagetrends.com
By Sammy Hudes The Rentals.ca poll asked 1,194 renters in major markets across Canada about their current rental search, housing preferences, household composition, income, budget and attitudes toward the… Read more at www.canadianmortgagetrends.com
New data released by the Municipal Property Assessment Corp. showed those lower-valued homes now account for nearly 24% of Ontario’s real estate market, up from 17 per cent in 2022. Despite that… Read more at www.canadianmortgagetrends.com
Toronto’s new home market posted a sales bounce in May, but context matters. BILD GTA and Altus Group data shows sales hit a multi-year high—against a backdrop of historically weak demand that makes the comparison more flattering… Read more at betterdwelling.com
Half of Canadians living in the greater regions of Toronto, Montreal and Vancouver would consider relocating to a more affordable city to buy a home, despite improved affordability across most major markets,… Read more at www.canadianmortgagetrends.com
By Ritika Dubey But as well as a mortgage, condo owners are responsible for monthly maintenance fees that support operating costs for the building, among other aspects, and it’s important to factor that… Read more at www.canadianmortgagetrends.com
Luxury housing activity is gaining ground in several smaller and mid-sized Canadian markets, even as sales soften in the country’s two largest high-end housing centres, according to a new report from RE/MAX… Read more at www.canadianmortgagetrends.com
By Sammy Hudes The Canadian Real Estate Association says home sales in May were down compared with a year ago, but there was “meaningful upward momentum” month-over-month for the first time this… Read more at www.canadianmortgagetrends.com