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!

This Week’s Top Stories: The Global Property Bubble Is Forecast To Pop, and Canada Is The Second Biggest Bubble

<![CDATA[<p>Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics Global real estate prices are forming a bubble, and a big economics firm sees it popping soon. An Oxford Economics analysis shows global home prices are 10% above the […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/this-weeks-top-stories-the-global-property-bubble-is-forecast-to-pop-and-canada-is-the-second-biggest-bubble/">This Week’s Top Stories: The Global Property Bubble Is Forecast To Pop, and Canada Is The Second Biggest Bubble</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Canadian Banks See The Number of Mortgages Rise At The Fastest Rate Since 2014

<![CDATA[<p>Canadians went on a real estate shopping spree during the pandemic, and it’s been great for banks. Canadian Bankers Association (CBA) data shows mortgage accounts reached a record in April. Mortgages aren’t just getting larger, a lot more people are taking them out. The annual rate of growth for the number of accounts is now […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-banks-see-the-number-of-mortgages-rise-at-the-fastest-rate-since-2014/">Canadian Banks See The Number of Mortgages Rise At The Fastest Rate Since 2014</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Canada Is Increasing The Weight of Shelter For Inflation… It Will Lower The Numbers

<![CDATA[<p>Canadians have been begging for housing costs to have a greater influence on inflation. They’re going to finally get what they’ve been asking for… but it’s going to work against them. The consumer price index (CPI) basket weights got an update from Statistics Canada (Stat Can). One of the biggest changes to the index is […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canada-is-increasing-the-weight-of-shelter-for-inflation-it-will-lower-the-numbers/">Canada Is Increasing The Weight of Shelter For Inflation… It Will Lower The Numbers</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Nearly 3 In 4 Canadian Real Estate Markets Have Seen Price Growth Slow

<![CDATA[<p>Canadian real estate markets are losing some steam after its record year. Canadian Real Estate Association (CREA) data shows just over half of markets saw price growth slow in June. Looking more closely at recent numbers reveals this trend is about to become more common. All but a few markets are currently on track for […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/nearly-3-in-4-canadian-real-estate-markets-have-seen-price-growth-slow/">Nearly 3 In 4 Canadian Real Estate Markets Have Seen Price Growth Slow</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Canadian Businesses Expect The Price of Goods To Rise Almost 5%: BMO

<![CDATA[<p>You’re not alone if you aren’t buying the “inflation is transitory” narrative. BMO Capital Market senior economist Robert Kavcic unpacked price change sentiment data. Small business owners see the cost of goods rising a lot over the next year. In fact, prices are expected to rise the most in at least a decade, by a […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-businesses-expect-the-price-of-goods-to-rise-almost-5-bmo/">Canadian Businesses Expect The Price of Goods To Rise Almost 5%: BMO</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

US Existing Home Sales Climb, But Inventory Is Climbing Even Faster

<![CDATA[<p>American home sales broke their losing streak last month, with sales finally climbing. National Association of Realtors (NAR) data shows existing-home sales jumped in June. The increase breaks the declining trend over the past 4 months, which has seen sales slip lower. At the same time, inventory climbed even more quickly than sales. Inevitably this […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/us-existing-home-sales-climb-but-inventory-is-climbing-even-faster/">US Existing Home Sales Climb, But Inventory Is Climbing Even Faster</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics

<![CDATA[<p>The whole world might be in a property bubble, but Canada is the second riskiest. That’s the take from Oxford Economics in their latest housing report this morning. Adam Slater, the firm’s lead economist, broke down fundamentals for global markets. He found double-digit overvaluations are widely seen these days. The firm believes a correction is […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/global-property-bubble-to-correct-canada-is-the-second-riskiest-oxford-economics/">Global Property Bubble To Correct, Canada Is The Second Riskiest: Oxford Economics</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Global Real Estate Prices Grew At The Fastest Rate Ever. Canada Grew 3x That Rate

<![CDATA[<p>Global real estate prices are growing at the fastest rate ever, but it’s nothing like in Canada. US Federal Reserve data shows annual home price growth for advanced economies hit a record in the first quarter of 2021. So did Canada. The difference is Canada’s record growth is more than 3x as large as other […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/global-real-estate-prices-grew-at-the-fastest-rate-ever-canada-grew-3x-that-rate/">Global Real Estate Prices Grew At The Fastest Rate Ever. Canada Grew 3x That Rate</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Canadian New Home Prices See Largest Growth Since 2006, But It Won’t Stick For Long

<![CDATA[<p>Canadian real estate has been experiencing a bit of a lull, and the new home market is no exception. Statistics Canada (Stat Can) data shows new home prices saw annual growth hit a multi-year high in June. The high was due to momentum though, as price growth had been decelerating more recently. Growth appears to […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-new-home-prices-see-largest-growth-since-2006-but-it-wont-stick-for-long/">Canadian New Home Prices See Largest Growth Since 2006, But It Won’t Stick For Long</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...

Canadian Mortgage Debt Grew At The Fastest Rate Since 2010 Even With Falling Sales

<![CDATA[<p>Canadian mortgage credit must be seen as too cheap to pass on, since everyone is borrowing. Bank of Canada (BoC) data shows the outstanding mortgage credit for May grew at the fastest rate in over a decade. The balance is also likely to climb at an even faster rate as well, despite the backdrop of […]</p> <p>The post <a rel="nofollow" href="https://betterdwelling.com/canadian-mortgage-debt-grew-at-the-fastest-rate-since-2010-even-with-falling-sales/">Canadian Mortgage Debt Grew At The Fastest Rate Since 2010 Even With Falling Sales</a> appeared first on <a rel="nofollow" href="https://betterdwelling.com">Better Dwelling</a>.</p> ]]>

Read more ...