L’ÎLE-DES-SŒURS, Quebec, Feb. 07, 2025 (GLOBE NEWSWIRE) — The Quebec Professional Association of Real Estate Brokers (QPAREB) has just released its residential real estate market statistics for the month of January 2025. The most recent market statistics for the Montreal Census Metropolitan Area (CMA) are based on the real estate brokers’ Centris provincial database. Residential sales in […]
Recent rule changes by Canadian policymakers, including tightened mortgage lending, appear to be bringing the country’s real estate market more into balance. The federal housing agency lowered its assessment of the overall vulnerabilities in the national market to “moderate,” from “high,” according to a report Thursday from Ottawa. Canada Mortgage and Housing Corp.cited evidence of easing price acceleration […]
When it comes to overpriced real estate, Vancouver’s “bubble risk” is unmatched on the planet, according to a report by Swiss bank UBS. The rise in Vancouver’s average housing prices compared with the growth in average wages, rents and other economic factors make it the most likely to experience a sudden downward correction compared with 17 other large cities […]
ANALYSIS: The real estate markets in Vancouver and Toronto are at it again, positing record sales and double-digit price gains. Surprised? I thought not. Still, you wouldn’t be alone in asking the question: What will it take to stop the meteoric appreciation that risks pricing an entire generation out of those markets? If you start […]
Vancouver realtors say February was the best month on record for sales in the history of the city, a set of results that backs up a new report suggesting the luxury market in the city has nowhere to go but up. Vancouver home sales set new record, jumping 65.6% in a month There still […]
Vancouver may have just add another notch to its reputation for being pricey. According to U.S. group Demographia, Vancouver is the third-least affordable city in the world for a home, and construction constraints are to blame for rising home prices there and in other Canadian cities. Wendell Cox, the principal owner at Demographia, which looked […]
If you could rewind 365 days to January 2015, would you short the Canadian real estate market? Given the predictions back then—of an imminent bubble burst and a housing market crash—hedging on real estate losses would’ve been a smart, speculative position. Of course, any active investors who did bet against the real estate market wouldn’t […]
New federal mortgage rules are creating a “policy ceiling” that will curb Toronto’s soaring house prices this year, measures that would be partly offset by another Bank of Canada rate cut, the local real estate board said in a new forecast. Average housing prices in the Greater Toronto Area (GTA) jumped nearly 10 per cent […]
The average price of detached homes in Toronto and Vancouver has topped $1-million, and that should make you wonder. Detached from what, exactly? I’d say reality. From Canada to China and Greece, the financial and economic news this summer is worrying. Only if you have gold-plated financial security in your life should you jump into […]
VANCOUVER — Large Wall Street investors who made billions when the U.S. housing market collapsed in 2008 are now betting real estate values in Vancouver and other Canadian cities will crash, financial insiders say. The hedge fund investors, known as short sellers, are betting against what they believe is a housing bubble in Vancouver, Toronto, Calgary […]
