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Scarborough, Toronto, Ajax, Pickering, Durham, Brampton, Mississauga, York Region and the GTA | Re/Max Community Realty Inc., Brokerage

Real Estate Market / My Blog

Canadian home sales drop sharply in May

6/15/2017 | Posted in Real Estate Market by Shan Thayaparan

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales posted a sizeable decline in May 2017.

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Home Prices Up a Record 2.2% in May

6/14/2017 | Posted in Real Estate Market by Shan Thayaparan

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In May, the Teranet–National Bank National Composite House Price Index™ was up 2.2% from the previous month, the largest May gain in the 19-year history of the ...

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BMO CEO downplays housing risk

6/12/2017 | Posted in Real Estate Market by Shan Thayaparan

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The Bank of Montreal's CEO is downplaying the consequences that would come from a possible correction in house prices, saying the real estate market "essentially heals ...

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Ontario new housing rules take a bite out of new construction numbers for country

6/9/2017 | Posted in Real Estate Market by Shan Thayaparan

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Canadian housing starts fell 8.6 per cent in May from April, a decline fuelled by a massive pullback in new home construction since Ontario moved to cool the housing market in ...

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Canada home prices not coming down yet thanks to low rates: Reuters poll

5/25/2017 | Posted in Real Estate Market by Shan Thayaparan

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Efforts to rein in Toronto's hot housing market and recent problems at mortgage lender Home Capital are unlikely to hurt Canada's national real estate market as low ...

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Cottage country feels the heat from Toronto's real estate fire

5/21/2017 | Posted in Real Estate Market by Shan Thayaparan

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The May long weekend is the traditional kick-off to cottage season. But long before the snow melted this spring, equity-rich baby boomers from the city had been turning up the ...

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Canadian home sales drop in April

5/15/2017 | Posted in Real Estate Market by Shan Thayaparan

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crea-news-18.jpg - Real Estate News According to statistics released today by The Canadian Real Estate Association (CREA), national home sales declined in April 2017. ...

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Sharpest 12 Month Rise On Record For Toronto and Hamilton Home Prices

5/12/2017 | Posted in Real Estate Market by Shan Thayaparan

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In April, the Teranet–National Bank National Composite House Price Index™ was up 1.2% from the previous month. This gain is similar to that reported for April of ...

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Toronto, Victoria are world's 'hottest' luxury real estate markets

5/11/2017 | Posted in Real Estate Market by Shan Thayaparan

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Toronto and Victoria, B.C. are the world’s “hottest” markets for luxury homes as investors flock to Canada for its political and economic stability, according ...

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Housing starts trend higher

5/9/2017 | Posted in Real Estate Market by Shan Thayaparan

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The 6-month trend of Canadian housing starts was up in April, reaching 213,768 units compared to 210,702 in March.

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Activity in Canada's largest urban centres encouraging local buyers to relocate to surrounding markets : Re/Max

4/25/2017 | Posted in Real Estate Market by Shan Thayaparan

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"Move-over" buyers from Toronto and Vancouver turning to surrounding areas to find a balance of affordability, square footage, and access to ...

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Canadian home sales edge higher from February to March

4/18/2017 | Posted in Real Estate Market by Shan Thayaparan

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in March 2017.

...

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Home Prices Up 0.9% in March

4/12/2017 | Posted in Real Estate Market by Shan Thayaparan

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In March, the Teranet–National Bank National Composite House Price Index™ was up 0.9% from the previous month, the largest March rise in 10 years. This increase is ...

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Royal Bank CEO 'increasingly concerned' about Toronto, Vancouver housing markets

4/6/2017 | Posted in Real Estate Market by Shan Thayaparan

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Royal Bank's CEO said he's "increasingly concerned" about the Toronto and Vancouver housing markets and would welcome government intervention in the ...

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Toronto and Vancouver housing affordability still at high-stress levels: RBC

4/4/2017 | Posted in Real Estate Market by Shan Thayaparan

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The fourth quarter of 2016 saw Canadian housing costs remain at overheated levels despite the imposition of various federal and provincial measures to address the prevalent ...

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How to cool a red-hot housing market

4/2/2017 | Posted in Real Estate Market by Shan Thayaparan

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Animal spirits still rule Canada’s real estate scene, working urban markets into a froth. But there are ways to tame them.

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Canadian home sales climb in February

3/15/2017 | Posted in Real Estate Market by Shan Thayaparan

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According to statistics released today by The Canadian Real Estate Association (CREA), national home sales were up on a month-over-month basis in February 2017.

...

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CREA Updates and Extends Resale Housing Market Forecast

3/15/2017 | Posted in Real Estate Market by Shan Thayaparan

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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate ...

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Canadian home prices climb another 1% in biggest February increase on record as Toronto stays strong

3/14/2017 | Posted in Real Estate Market by Shan Thayaparan

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Canadian home prices rose in February as prices continued to climb in the hot Toronto market, data showed on Tuesday in a report that was unlikely to alleviate concerns from ...

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Canada's red hot real estate heats up apartment market to heights not seen in 30 years

3/7/2017 | Posted in Real Estate Market by Shan Thayaparan

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Vacancy rates are tight across Canada as residents find themselves priced out of the housing market.

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