Housing affordability at ‘crisis level’ in Canada’s most expensive market, say economists
30 Jul

Housing affordability at ‘crisis level’ in Canada’s most expensive market, say economists

Housing affordability in Canada’s most expensive market — Vancouver — is at “crisis levels,” according to a new study, which says the re-acceleration of home prices, along with higher interest rates, are “slamming” ownership costs again. The cost of buying a home in Vancouver reached its highest levels on record in the first quarter of this year, according to the RBC Housing…

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Canadian real estate market outlook 2018
31 Jan

Canadian real estate market outlook 2018

There’s never a dull day in real estate. Last year started off with a big nervous question: Will the Canadian housing market crash? In 2018, the new year started off with more of a sigh. Analysts across North America came out with various pronouncements of deceleration in activity and pricing, but the overwhelming consensus was…

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Toronto Has More Housing Than You Thought
06 Sep

Toronto Has More Housing Than You Thought

By: Erik Hertzberg and Theophilos Argitis When it comes to Toronto’s runaway housing prices, the most important question remains the extent to which speculation is driving demand. Ideally, fundamentals such as demographics and employment are at play, and the price gains reflect natural household growth getting ahead of supply. If that’s true, the market should…

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