home prices Archives - Mortgage Rates & Mortgage Broker News in Canada

National Home Sales Slowly Recovering: CREA

Danielle KubesAugust 15, 2019

National home sales are slowly recovering from their dip in February, but are still 10% below the highs reached in 2016 and 2017. After reaching a six-year l... Read More...

Real Estate News2 min read

Latest in Mortgage News: Stress-Test Rate Drops After a Year of No Change

Steve HueblJuly 19, 2019

The benchmark posted 5-year fixed rate, which is used for stress-testing Canadian mortgages, fell yesterday in its first move since May 2018. The Bank of Can... Read More...

Mortgage Broker News3 min read

National Home Sales Flatten Out in June: CREA

Penelope GrahamJuly 15, 2019

The national housing market appears to be taking a breath after three consecutive months of improvement, according to the Canadian Real Estate Association (CREA... Read More...

Real Estate News3 min read

National Housing Affordability Improves (Minus Toronto and Vancouver)

Steve HueblJuly 5, 2019

While national housing affordability may be improving overall, the situation in the country’s most expensive housing markets remains “dreadful.” That’s accor... Read More...

Mortgage Industry Reports4 min read

Housing Market Continues Slow Recovery in May: CREA

Danielle KubesJune 17, 2019

National home prices just about kept pace with inflation in May, according to the Canadian Real Estate Association (CREA). Property prices increased 1.8% to ... Read More...

Real Estate News2 min read

National Home Sales Rebound in April: CREA

Danielle KubesMay 15, 2019

National home sales rebounded in April with transactions rising 4%, marking the first year-over-year gain since December 2017, the Canadian Real Estate Associat... Read More...

Real Estate News2 min read

The Latest in Mortgage News: Time to Rethink the Stress Test

Steve HueblApril 18, 2019

The stress test is back in the crosshairs of industry analysts. Earlier this week, CIBC World Markets Deputy Economist Benjamin Tal released a report that at... Read More...

Mortgage Broker News5 min read

CREA Blames Stress Test for Slow March Housing Market

Danielle KubesApril 15, 2019

The Canadian Real Estate Association (CREA) largely blames tighter mortgage lending rules for the slow housing market in March. Sales dropped 4.6% year-over-... Read More...

Real Estate News2 min read

The Latest in Mortgage News – An Eye on Real Estate

Steve HueblMarch 29, 2019

A number of reports this month have provided some insight into the latest movements in Canada's housing market. New data shows that home sales and prices con... Read More...

Mortgage Broker News4 min read

Home Sales Fall Sharply From January

Danielle KubesMarch 15, 2019

The Canadian Real Estate Association reported today that national home sales plunged 9% from January to February, with 75% of local markets, including all major... Read More...

Real Estate News3 min read