by Ephraim Vecina After 10 straight quarters of relative high vulnerability, the Canadian residential real estate segment has moved to more robust conditions amid slower price growth, according to the latest Housing Market Assessment by the Canada Mortgage and Housing Corporation. Covering 15 major census metropolitan areas (CMAs) nationwide, the report found that compared to the end of February, “the state … Read More

by Ephraim Vecina A significant proportion of Canadian consumers is still unable to grasp the full implications of B-20 despite the rules having been in effect for more than a year now, according to a new TD survey. The poll, which interviewed 1,901 owners and would-be buyers nationwide, found that more than two out of five (43%) of Canadians are not … Read More

by Ephraim Vecina Despite robust funding and development activity, Ontario’s housing supply is hamstrung by the current regulatory regime governing the approval of new construction projects, according to the Ontario Building Officials Association. In its recent study, the OBOA argued that streamlining development approval timelines would be crucial in ensuring the sustained supply of affordable housing across Ontario. For perspective, the … Read More

by Ephraim Vecina Global economic uncertainty means that the Canadian economy will still benefit from the boost that low borrowing costs can provide, according to the Bank of Canada’s Governor. In a recent speech in Nunavut’s capital Iqaluit, Stephen Poloz argued that the global slowdown is adding to the burden imposed by a national housing market constrained by stricter mortgage underwriting … Read More

by Steve Randall A third of Canadian Millennials would rather live in the city than the ‘burbs but for two thirds of those, they are willing to sacrifice that wish to buy the home they want. A new TD survey finds that 81% of Millennials say they want to own their own home but with affordability (78%) and home size … Read More