Real Estate News - Canada

On this page you will find snippets of interesting articles on the Canadian Real Estate market. This includes housing sales, unemployment and interest rate trends, and policy measure by the Bank of Canada and government. Enjoy!

Banks Forecast The BoC Will End QE This Year, And Hike Rates As Early As Next

<![CDATA[<p>The Canadian economy is recovering faster than expected, and inflation is running hot. As a result, the Bank of Canada (BoC) is expected to hike rates and end QE more quickly than previously thought. Here’s the accelerated timeline two of Canada’s “Big Six” banks see. RBC Forecasts Rate Hikes By Next Year, QE Ending This […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/banks-forecast-the-boc-will-end-qe-this-year-and-hike-rates-as-early-as-next/">Banks Forecast The BoC Will End QE This Year, And Hike Rates As Early As Next</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canadian Home Building Costs Are Surging Higher, Especially In Greater Toronto

<![CDATA[<p>More data from Canada’s national statistics agency shows home builder costs are soaring. The Statistics Canada (Stat Can) residential construction cost index surged higher in Q1 2021. Since the issue is largely material related, the impact is across Canada. Cities like Toronto, with recent building booms, are seeing costs jump the most though. Canadian Home […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-home-building-costs-are-surging-higher-especially-in-greater-toronto/">Canadian Home Building Costs Are Surging Higher, Especially In Greater Toronto</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canadian Real Estate Is Past Peak Momentum, Says Big Six Bank Economist

<![CDATA[<p>Canadian real estate markets booked another hot month, but it may have marked the top. At least for market momentum. BMO senior economist Robert Kavcic says April may have been the peak for market momentum. Various factors are coming to a head that will lighten some pressure on the gas. Homes Sales Were Strong, Even […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-real-estate-is-past-peak-momentum-says-big-six-bank-economist/">Canadian Real Estate Is Past Peak Momentum, Says Big Six Bank Economist</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canadian Households Now Need Up To 32 Years To Save For A Downpayment: NBC

<![CDATA[<p>Canada’s hottest real estate markets for young adults are far outside of the city. That’s because saving the down payment to be in some cities, would take the majority of their adult lives. National Bank of Canada (NBC) found a sharp deterioration of affordability in Q1 2021. The median household now needs to save up […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-households-now-need-up-to-32-years-to-save-for-a-downpayment-nbc/">Canadian Households Now Need Up To 32 Years To Save For A Downpayment: NBC</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Toronto Condo Prices Rise 3x Detached Homes, After Government Voices Price Support

<![CDATA[<p>Greater Toronto real estate prices are seeing high growth accelerate even faster. Toronto Regional Real Estate Board (TRREB) data shows a new record high for home prices in April. Detached home prices are now up six-digits from last year. The big story is condo apartments though. The segment had been lagging the general market over […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/city/toronto/toronto-condo-prices-rise-3x-detached-homes-after-government-voices-price-support/">Toronto Condo Prices Rise 3x Detached Homes, After Government Voices Price Support</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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If You’re Not Worried About Inflation Burning You, “You’re Not Paying Attention”: BMO

<![CDATA[<p>Another Big Six Canadian bank is warning inflation will be worse than people think. Not one, but two inflation research notes were published by BMO this week. Yeah, it’s only Tuesday. Chief economist Douglas Porter says there are many signs inflation will run hot. The bank warned, “if you’re not just a bit worried about […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/if-youre-not-worried-about-inflation-burning-you-youre-not-paying-attention-bmo/">If You’re Not Worried About Inflation Burning You, “You’re Not Paying Attention”: BMO</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Vancouver Real Estate Prices Soar Over $30k After Canada Creates More Moral Hazard

<![CDATA[<p>Greater Vancouver real estate prices are rising at an even faster past these days. Real Estate Board of Greater Vancouver (REBGV) data shows home prices hit a new record high in April. Home prices were already fast growing, but the annual rate went parabolic in February. This is shortly after a series of statements from […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/city/vancouver/vancouver-real-estate-prices-soar-over-30k-after-canada-creates-more-moral-hazard/">Vancouver Real Estate Prices Soar Over $30k After Canada Creates More Moral Hazard</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Canadian Permits For Housing Hits A Record High, But Commercial Spirals Lower

<![CDATA[<p>Canadian real estate development is on fire, only when it comes to homebuilding. Statistics Canada (Stat Can) building permit data shows a record value hit in March. Virtually all gains were due to residential building permits though. Commercial permits fell significantly though, as the pandemic weighs on business investment. Canadian Building Permits Reached A Record […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-permits-for-housing-hits-a-record-high-but-commercial-spirals-lower/">Canadian Permits For Housing Hits A Record High, But Commercial Spirals Lower</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Bank of Canada Is “Discrediting” Its Own Inflation Research, Puzzling Economists : NBC

<![CDATA[<p>Canada’s central bank made an unusual move last month — it discredited its own inflation position. National Bank of Canada (NBC) deputy chief economist Matthieu Arseneau is “puzzled” why. In his latest report, he questions why the Bank of Canada (BoC) thinks its preferred measures overstate inflation. The economist took a dive through the data […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/bank-of-canada-is-discrediting-its-own-inflation-research-puzzling-economists-nbc/">Bank of Canada Is “Discrediting” Its Own Inflation Research, Puzzling Economists : NBC</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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Greater Toronto New Home Prices Rise By Over $327,000 As Sales Surge Higher

<![CDATA[<p>New home listings in Greater Toronto found a lot of deep-pocketed buyers in March. BILD GTA data shows new home sales had the second-biggest March in the past 20 years. People must really want a new home in Toronto, because prices jumped hundreds of thousands of dollars in just a year. Greater Toronto New Home […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/city/toronto/greater-toronto-new-home-prices-rise-by-over-327000-as-sales-surge-higher/">Greater Toronto New Home Prices Rise By Over $327,000 As Sales Surge Higher</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

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