As Fall draws to a close and the new year approaches, plenty of industry experts are making predictions about what 2019 will have in store for the Canadian housing market. This year saw housing activity take a major plunge, following the introduction of stricter mortgage qualification rules in January. While sales and prices have warmed up since then, there are still several factors that could rein in the market come 2019. Here are some predictions for what the market might look like in... [read more]

Earlier this month, one of Canada's foremost authorities on housing released its market outlook for 2020-2021. Home sales and prices are expected to regain upward momentum after a couple of challenging years while home building activity will at least see some stability, but not a comparable lift, according to the Canada Mortgage and Housing Corporation (CMHC). Along with the outlook, the CMHC released three encouraging-looking graphs that plot the course of sales, prices and homebuilding... [read more]

Much ink has already been spilled over the rebound in housing that's underway in some of Canada's largest markets. After a volatile 2018 and an exceptionally brutal winter, home sales began to recover, particularly in the Toronto and Vancouver regions. The country's all-seeing housing eye, the Canada Mortgage and Housing Corporation (CMHC), recently published it's optimistic 2020-2021 market outlook. The organization famously predicted that 2019 would be one of the worst... [read more]

HOW HEALTHY IS OUR REAL ESTATE MARKET? In September 2015 Canadian Housing Starts Jump as Toronto Condo Building Booms Canadian housing starts unexpectedly jumped in August from July as condo building surged to meet demand for lower-cost options in the nation's hottest market, extending a housing boom that is one of the few bright spots in Canada's otherwise tepid economy. Last week's report from the Canada Mortgage and Housing Corp. showed the seasonally adjusted... [read more]