Scotiabank, one of Canada’s major banks, has raised concerns about the soaring Canadian real estate market, emphasizing the need for the Bank of Canada (BoC) to promptly raise interest rates.
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Ontario and BC Prices Decline, Atlantic Canada Sees Growth
Province-by-province, the Canadian housing market continues to demonstrate dynamic price movements.
Exploring Notable Trends in the Canadian Real Estate Market as Spring Market Accelerates
As the spring market in Canada acquires momentum, it is essential to investigate the significant trends influencing the real estate industry.
Canadian Real Estate Market Bounces Back: RBC Report Indicates End of Housing Market Correction
According to a recent RBC report, the correction in Canadian housing prices appears to have ended after a year-long decline that saw Toronto real estate prices fall by nearly 18%.
The Boomer Dominance in Canada’s Real Estate Market
According to a recent study from Statistics Canada’s (Stat Can) Canadian Housing Statistics Program (CSHP), the majority of real estate investors in Canada are baby boomers, which is a significant trend in investor demographics.
Newcomers Driving Real Estate Investment in Ontario
Statistics Canada recently published a profile that sheds light on the significant role immigrants play in the Ontario real estate market.
TRREB Q1 2023 Report: Toronto Real Estate Trends and Economic Indicators
The Toronto Regional Real Estate Board (TRREB) has published the condo market report for the first quarter of 2023.
The Impact of Canadian Newcomers on Real Estate Prices
Statistics Canada’s most recent study clarifies the effect of immigrants on the Canadian real estate market.
Toronto and Vancouver Home Prices Soar Due to Falling Mortgage Rates
Canada’s two largest real estate markets, Toronto and Vancouver, experienced a surge in home prices in April.
Canadian Bank Earnings at Risk from Office Real Estate Exposure
Canadian banks are facing risk to their earnings due to their exposure to commercial real estate, particularly the office segment, according to Gabriel Dechaine, an analyst at National Bank Financial.