homebuying trends

Canadians anxious about finances_MPC consumer survey

State of the mortgage market: Canadians anxious about their finances, but still see housing as a good investment

March 7, 2023 No Comments

Canadian homeowners may be feeling more anxious about their finances these days, but an overwhelming majority continue to believe real estate is a good long-term investment.

Nearly a third of young Canadians have put their home-buying plans on hold

October 3, 2022 No Comments

Rising interest rates and the overall higher cost of living are causing a large number of Canadians to postpone their homebuying plans.

How falling home prices are leading to growing appraisal gaps

June 30, 2022 1 Comment

With home prices on the decline, some homebuyers are seeing appraisals come in lower than their purchase price, and that’s leaving many scrambling to come up with ways to close the gap.

soft landing or crash for canada's housing market?

Soft landing or a crash: what lies ahead for Toronto’s housing market?

June 6, 2022 No Comments

As it becomes clear that home sales and prices in the Greater Toronto Area (GTA) are declining, industry professionals are trying to figure out what lies ahead.

Home price declines extend in May, with Calgary a notable exception

June 5, 2022 No Comments

Home sales and prices were down month-over-month in a growing number of metro areas across the county, according to the latest data from regional real estate boards.

7 in 10 Homeowners Say They Could Weather Higher Monthly Payments

March 16, 2022 No Comments

Despite the prospect of higher interest rates ahead, nearly three-quarters of mortgage holders say they could handle a 20%+ rise in monthly payments.

Manhattanization of Canadian urban centres

Get Used to the “Manhattanization” of our Urban Centres, OSFI Chief Says

February 4, 2022 No Comments

Younger Canadians wanting to live in Canada’s urban centres are going to have to get used to settling for smaller living spaces.

Nearly 20% of Pandemic Homebuyers are Investors

February 1, 2022 No Comments

Do you know someone who bought a home during the pandemic? It turns out there’s a 19% chance that they already own several properties.

75% of Gen Z Adults Plan to Buy a Home Despite Affordability Hurdle

December 10, 2021 No Comments

Home ownership continues to be a priority for most young adults. Three quarters of Generation Z adults in Canada plan to buy a home in their lifetime, half of whom say that goal is “very likely.”

Cooling off period planned for B.C. home sales

B.C. Government Plans “Cooling Off” Period for Home Sales

November 4, 2021 No Comments

The Government of British Columbia plans to inject some sober second thought into the province’s hot real estate market by introducing a “cooling-off” period for home sales in the spring.