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Shan Thayaparan | Real Estate Sales Representative Serving 
Scarborough, Toronto, Ajax, Pickering, Durham, Brampton, Mississauga, York Region and the GTA | Re/Max Community Realty Inc., Brokerage

Real Estate Market / My Blog

Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

8/17/2017 | Posted in Real Estate Market by Shan Thayaparan

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'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, ...

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Canadian home sales fall further in July

8/15/2017 | 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 declined further in July 2017.

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The Teranet-National Bank Composite House Price Index Indicates a 2% Increase in the month of July

8/14/2017 | Posted in Real Estate Market by Shan Thayaparan

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In July, the national composite rise was significantly driven by a 2.1% increase in the market with the largest aggregate property value: Toronto. While this looks strong given ...

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Canadian home sales drop again in June

7/17/2017 | 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 cooled further in June 2017.

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Highest June Monthly Rise on Record

7/12/2017 | Posted in Real Estate Market by Shan Thayaparan

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In June the Teranet–National Bank National Composite House Price Index™ was up 2.6% from the previous month. As with May, it was the largest June rise in the ...

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Housing starts picked up in June: CMHC

7/11/2017 | Posted in Real Estate Market by Shan Thayaparan

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Canada Mortgage and Housing Corp. says the annual pace of housing starts in Canada picked up in June.

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Toronto luxury market hits new record while Vancouver slumps

7/11/2017 | Posted in Real Estate Market by Shan Thayaparan

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Sales of homes priced at $1 million or more were up sharply in the GTA in the first half of 2017 while Vancouver felt the impact of the foreign buyers’ tax.

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Canada Not Alone in House Price Mania

6/26/2017 | Posted in Real Estate Market by Shan Thayaparan

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The dramatic rise in Canadian house prices has been making headlines almost daily. But Canada isn’t the only country experiencing skyrocketing home prices.

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Bank of Canada Believes Housing Is Still Pretty Cheap

6/23/2017 | Posted in Real Estate Market by Shan Thayaparan

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Turns out housing may be affordable, acording to Bank of Canada (BoC) Housing Affordability Index which shows that the cost of housing across Canada is below historic norms. We ...

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Canada accumulating private debt faster than any other advanced economy

6/22/2017 | Posted in Real Estate Market by Shan Thayaparan

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We all know about Canada’s ballooning household debt. Guessing who else has gone on a debt binge to buy up real estate? Canadian corporations.

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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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