Translate My Website
| Bookmark and Share | + Bookmark Website
Find us on Facebook Follow us on Google + Connect on LinkedIN Follow me on YouTube
News Centre
Condos make up more than half of housing starts in Canada’s biggest cities: CMHC
Thursday, November 20, 2014
OTTAWA — Condominiums accounted for more than one-third of all Canadian housing starts last year, and more than half of the total in several of the country’s biggest cities, the Canada Mortgage and Housing Corp. says.
Housing bubble begone. Turns out we just might need all those new condos and houses
Wednesday, November 19, 2014
Are we really overbuilding, constructing too many condominiums and creating too much sprawl? A new report maintains we need that housing more than ever.
No letup seen in Canadian and Toronto housing markets
Wednesday, November 19, 2014
The Canada Mortgage and Housing Corp. projects average Toronto housing prices to continue increasing through 2016, nudging closer to $600,000.
As Average House Price In Canada Hits Record High, Analysts Say The Party's Over
Monday, November 17, 2014
The average price of a home in Canada hit another all-time high in October, rising 7.1 per cent over the past year to just short of $420,000. But economists at Canada's major banks caution — as they have for some time now — that current house price trends can't continue.
Canadian home sales edge higher in October
Monday, November 17, 2014
Ottawa, ON, November 17, 2014 - According to statistics released today by The Canadian Real Estate Association (CREA), national home sales activity edged higher on a month-over-month basis in October 2014.
Housing starts slow in October, CMHC says
Monday, November 10, 2014
The pace of new home starts in Canada slowed in October due to less construction of multiple-unit homes including condominiums, Canada Mortgage and Housing Corp. says.
Ontario leads dramatic rise in building permits in Canada in October
Thursday, November 6, 2014
OTTAWA—Statistics Canada says the value of building permits issued by municipalities rose 12.7 per cent to $7.5 billion in September after a big plunge the previous month.
Toronto house prices up 9 per cent in October
Thursday, November 6, 2014
Toronto house prices were up almost 9 per cent in October over a year earlier as the shortage of low-rise homes for sale continues to drive fierce competition and price escalations.
Canadian government overexposed to housing market, Bank of Canada official warns
Wednesday, November 5, 2014
The Canadian government is now too “exposed” to the country's hot housing market, warns a top central bank official who's calling for more private-sector involvement.
Steady housing market in 2015, some moderation in 2016: Canada's housing agency
Thursday, October 30, 2014
OTTAWA - Home construction in Canada will stay steady in 2015 as it follows the country's economic and demographic trends, the national housing agency said Thursday.
From west to east, a look at projected house price gains across Canada
Thursday, October 30, 2014
Canada Mortgage and Housing Corp. has released a new report with everything you could possibly want to know about projected sales and prices across the country, forecasting a “steady” showing nationwide next year, followed by “some moderation” in 2016.
Bank of Canada maintains overnight rate target at 1 per cent
Wednesday, October 22, 2014
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
CMHC: We Don't Know How Many Foreign Investors Are Buying Canadian Homes
Tuesday, October 21, 2014
Canada’s government-run mortgage insurer has admitted it has little grasp on how much of the housing market is now owned by foreign investors, but insists the issue is not a problem.
Real risk to housing market is ‘constrained liquidity’
Monday, October 20, 2014
Canadians’ ability to weather a downturn in the housing market is much lower now than in the past because of their “constrained liquidity,” says the president of the Canada Mortgage and Housing Corporation.
World Architecture Festival 2014: The Coolest, Wildest New Buildings
Sunday, October 19, 2014
The World Architecture Festival took place in Singapore earlier this month, handing out nearly three dozen awards for the most innovative, unique buildings and structures being built or planned around the world today.
Canadian house prices 'moderating': Royal LePage
Wednesday, October 15, 2014
Canada's housing market is in Goldilocks mode — not too hot and not too cold, except in Toronto and Calgary which are “bucking the trend of moderation” now taking hold in major cities from Halifax to Montreal and Winnipeg, says a quarterly house price survey from Royal LePage.
Canada condo boom rolls on as buildings fall apart
Monday, October 13, 2014
TORONTO (Reuters) - While Toronto's housing boom rolls on, some of the housing itself is falling apart.
Scotiabank’s Porter Calls Canada Bubble Fears Overblown
Sunday, October 12, 2014
Canadian concerns about a housing bubble are overblown in a country where credit growth is modest and the job market is stable, says Bank of Nova Scotia Chief Executive Officer Brian Porter.
Canadian housing boom is over — except in Hot 3 cities
Friday, October 10, 2014
The housing boom is now over for most Canadian cities, with the exception of the “Hot 3” — Toronto, Vancouver and Calgary — which are unlikely to see a downturn until interest rates tick upward, according to a new housing report from BMO Economics.
Spending on renovations outpaces new home construction
Thursday, October 9, 2014
More money was spent renovating homes in Canada than building new ones during the 12 months to the end of June, according to data compiled by the Bank of Montreal.

RE/MAX Hallmark York Group Realty Ltd., Brokerage
- Independently Owned and Operated -
15004 Yonge Street - Aurora, Ontario, L4G1M6
Phone 905-727-1941

Not intended to solicit properties currently listed for sale or individuals currently under contract with a brokerage.      Privacy Policy

The material provided in the pages of this website is for informational purposes only. Although the site owner and creators assume the information to be correct, and attempt to keep information in the pages of this website as current as possible, they do not warrant the accuracy or completeness of any information included in or linked to this page.
©1999-2014®. All Rights Reserved.