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Wednesday, July 13th, 2016

Canadian home sales fall for first time in nine months

OTTAWA — Sales of existing homes cooled in September as they fell 1.4% on a month-over-month basis, the first monthly decline since January, the Canadian Real Estate Association said Wednesday. The association said sales through its Multiple Listings Service were down in about 60% of all local housing markets last month. CREA president Beth Crosbie […]

Canadian home prices rose in July by more than usual: Teranet

TORONTO — Canadian resale home prices rose in July and the pace of 12-month price appreciation accelerated, the Teranet-National Bank Composite House Price Index showed on Wednesday, adding to strong housing starts this summer to signal a market that continues to be robust. The index, which measures price changes for repeat sales of single-family homes, […]

Canadian home prices rise a modest 0.8% in May, typically one of the strongest months for sales: Consult with a Vancouver Mortgage Broker

TORONTO — Canadian home prices rose in May but the pace of 12-month home price appreciation decelerated slightly, the Teranet-National Bank Composite House Price Index showed on Thursday. Why Canada’s housing boom could be in for a big echo A new report suggests housing market has stronger legs than thought because echo boomers, who now […]

Homebuilding rebounds quicker than expected with 35% jump in condos and apartments – Consult with a Vancouver Mortgage Broker

TORONTO — New home construction in Canada picked up in April, shaking off the effects of this year’s harsh winter, though economists still expect activity to cool gradually in 2014. The seasonally adjusted annualized rate of housing starts rose to 194,809 last month from 156,592 units in March, data from the Canada Mortgage and Housing […]

How badly would you be hurt in a housing market price correction? – Ask a Vancouver Mortgage Broker

A question for everyone who thinks houses are an investment: How much would a market decline hurt you? Help yourself be a smarter homeowner by using The Globe and Mail’s Housing Price Correction Calculator to find out. Housing bulls, don’t self-combust. Our calculator shows the result of both price gains and losses over the next five years. […]

Canadian house prices hit record high in January as Vancouver market surge – Ask a vancouver Mortgage broker

Andrea Hopkins, Reuters  TORONTO — Canadian home prices rose to a record high in January as Vancouver prices surged, the Teranet-National Bank Composite House Price Index showed on Wednesday, even as other housing indicators have shown a cooling market. Buying a house? Here’s how to get a big tax refund The $25,000 you can take […]

Canadian home prices rise to new record

Financial Post Staff  Sep 28, 2011 – 10:10 AM ET | Last Updated: Sep 28, 2011 10:48 AM ET OTTAWA — Resale home prices in Canada rose in July for the eighth consecutive month to a new record high, according to the Teranet-National Bank Composite House Price Index. The index, which tracks price changes for repeat sales of […]


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