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Market Update for August 26

Market Update for August 26 Housing market crash unlikely … Immigration and smaller household sizes are expected to help drive prices upward.   New data released Monday by Statistics Canada found home prices increased by a mere 0.1 per in July compared with June — the...

Market Update for August 19th

Market Update for August 19th Toronto new condo sales decline 19%, but prices rise, according to Urbanation. Sales of new condominiums in the greater Toronto area have declined by 19 percent in the second quarter of this year, while the average price per square foot...

Market Update for August 5

Market Update for August 5 Canada’s Tax Authority Has Been On A Multi-Billion Dollar Real Estate Crackdown! Canadian real estate owners are stuck paying huge penalties after trying to avoid taxes owed. New data from the Canadian Revenue Agency (CRA) shows their...

Market Update for July 29

Market Update for July 29 Here we go again… another prediction for the real estate market. Canada’s housing market could be facing its biggest downturn in recent history, according to a new report from RBC. After the price of residential properties soared during the...