Top Stories

This Week’s Top Stories: Canadian Real Estate Prices Forecasted To Fall, As Households Make Fewer Payments

Time for your cheat sheet on this week’s most important stories.  Canadian Real Estate  Moody’s Doubles Down On Forecast Of Canadian Real Estate Prices Falling Soon One of the world’s largest credit rating agencies confirmed an early forecast of falling home prices in Canada. Moody’s had expected government measures would delay any impact to home […]

Canada

CMHC: Nearly Half of Canadian Real Estate Markets Have “Moderate” Vulnerability

More Canadian real estate markets are seeing increased levels of vulnerability. Canada Mortgage and Housing Corporation (CMHC) released the September edition of the Housing Market Assessment (HMA). The assessment shows almost half of Canada’s major real estate markets have moderate levels of risk now. Many markets are also benefiting from government pandemic supports. That means […]

Canada

Canada’s Largest Real Estate Markets See Permanent Resident Declines Accelerate

Canada’s largest real estate markets have seen another demand factor almost disappear. Government of Canada (GoC) data shows permanent residents admitted fell in July. The decline was strongest in two of the country’s largest real estate markets – Toronto and Vancouver. Meanwhile, Montreal is starting to see improvements, in contrast to last year. Toronto Permanent […]