Vancouver’s Housing Market is Dismal – Still Out Of Reach For Household Incomes Of $120,000 Yearly The housing numbers out of Vancouver, once among the world’s hottest real estate markets, are getting more dismal with each passing month. Sales in April, 2019 were the lowest in 24 years for a month that […]
toronto housing market
Toronto housing slowdown reasons Bank of Canada showed
Toronto housing slowdown reasons Bank of Canada showed The Bank of Canada found the prices of the housing market went up way out of affordability range for buyers. The Bank estimated. that between 2015 and 2018, the rising cost of home ownership would have lowered annual home sales nationwide by a hefty 56,000 […]
Canada housing market has grown riskier, IMF has reported
Canada’s housing market has grown riskier over the past two years, with risk levels similar to those seen during the financial crisis a decade ago, the International Monetary Fund (IMF) said in a report released this week. But there is good news: The measures Canadian policymakers have taken over the past several years […]
Home sales in Toronto drop in November, 2018 following spike in sale prices
Home sales in Toronto drop in November, 2018 following spike in sale prices Toronto remains a seller’s market after home sales across the Greater Toronto Area (GTA) dropped nearly 15% this November, 2018, compared to a year ago. According to the Toronto Real Estate Board (TREB), there were 6,251 residential transactions recorded through its system last month, a […]
GTA home sales declined 40 per cent in March, 2018 compared to March, 2017
GTA home sales declined 40% in March, 2018 in 12 months from March, 2017 and the average price also declined by 14 per cent, according to the latest Toronto Real Estate Board report. TREB reported 7,228 residential transactions in March, 2018 in the GTA, a large decrease from the record 11,954 sales reported […]