We have assembled a collection of thought provoking articles, reports, surveys, industry information, and other interesting content for your enjoyment.
by Yvonne von Jena | September 29, 2017
According to RBC’s latest Housing Trends and Affordability report, policy actions had not yet curbed Toronto’s escalating prices in the second quarter of 2017, while ownership costs in Vancouver are on the rise again after back-to-back declines. As a result and overall, Canadian housing affordability eroded for an eight consecutive quarter to reach worst level since 1990.
by Yvonne von Jena | September 27, 2017
In a speech today, the Bank of Canada's governor Stephen Poloz elaborated on the rationale behind the BoC's decisions to raise rates this year, as well as provided meaningful insights into what to expect for rates in the coming year.
by Yvonne von Jena | September 22, 2017
According to CBC News, CMHC continues to try to obtain more reliable data in order to monitor the impact of foreign buyers and it is starting to use new tools to get a handle on just how much foreign money is flowing into the country's housing market.
by Yvonne von Jena | August 29, 2017
A recent report by TD Economics entitled 'Canadian Regional Housing Outlook Navigating a Soft Landing' provides good insights into TD's expectations of housing policy changes and higher interest rates on both house prices and market activity.
by Yvonne von Jena | August 24, 2017
According to Moody's Analytics economist Adam Goldin, Canada's healthy first quarter rise in net worth builds on the previous two quarters' momentum and contrasts sharply with 2016's first half decline, which was driven higher by rising real estate values and a natural resource wealth. In addition, the household sector had another quarter of healthy net worth gains, largely because of rising financial asset values.
by Yvonne von Jena | July 28, 2017
According to a new study by HSBC and an article in the Financial Post, house hunting is going high tech. The internet has changed house hunting dramatically in a few short years and new technology is set to transform the experience further, easing stress, and helping buyers make informed decisions.
by Yvonne von Jena | July 14, 2017
Royal LePage released their 2017 Q2 House Price Survey and Market Survey yesterday, which is powered by Brookfield RPS data. The report indicates that Q2 Canadian residential real estate market is experiencing moderation with Vancouver, Calgary, and Edmonton markets rising, while the Greater Toronto Area experiences a temporary slowdown.
by Yvonne von Jena | July 13, 2017
With the first increase in interest rates in seven years, the Bank of Canada has confirmed that a near-decade-long era of low interest rates has ended. The Bank’s Monetary Policy Report provides insights into the Bank’s rationale for raising rates along with its analysis and views on the Canadian housing market.
by Yvonne von Jena | July 9, 2017
Moody's Analytics is expecting the Bank of Canada to raise its benchmark interest rate twice in 2017, with the first anticipated this week at the Bank’s monetary policy meeting resulting in a rate of 0.75%, up from 0.5%. If it does happen, this will be the first rate hike made by the Bank since September 2010.
by Yvonne von Jena | June 29, 2017
According to RBC’s latest Housing Trends and Affordability report, Toronto challenged Vancouver as Canada’s least affordable market in the first quarter of 2017. RBC’s measure for Canada increased to its second-highest level since 1990, although in virtually all markets outside Ontario and British Columbia, RBC measures are quite close to long-term averages.