Higher bar for stress test will reduce pool of qualified borrowers and cool the real estate market It’s a bit harder to qualify for home … Read More
Canada’s New Home Construction Hits Record High In March
Canada’s average home selling price also soared 31.6 per cent year over year Canadian housing starts rose 21.6 per cent in March compared with the previous … Read More
How The ‘Missing Middle’ Is Pushing K-W Housing Prices Higher And Higher
Single detached homes are unaffordable for all but the highest-income earners in K-W When news broke that Waterloo region real estate had smashed through yet … Read More
London Apartment Vacancy Rate Hits Eight-Year High Of 3.4 Per Cent
London’s apartment vacancy rate jumped to its highest level in eight years in 2020, as new units hit the market and demand decreased amid the … Read More
Canadians Leaving Big Cities In Record Numbers: Statistics Canada
Canada’s biggest cities are experiencing a record-breaking loss of people as urbanites move to smaller bedroom communities in search of affordable homes. According to a … Read More
‘All-time Low’ In Available Homes Fuels London Real-estate Frenzy: Realtor
The COVID-19 pandemic has done nothing to cool the “frenzy” in London’s housing market. Realtors sold a record 596 homes and low inventory coupled with … Read More
Record Home Sales In November
Which has been the case for five straight months Waterloo Region’s housing market remains hot heading into winter. According to the Kitchener-Waterloo Association of Realtors, … Read More
Home Sales Slowed In October But Average Price Up 15% In Past Year, CREA Says
Busiest October ever for home sales The average price of a Canadian resale home has risen by more than 15 per cent in the year … Read More
Proposed Massive Development By SmartCentres Would Establish ‘Improved Gateway’ To Cambridge
SmartCentres seeking city council approval of Minister’s Zoning Order for Pinebush and Hespeler roads site Looking to establish a “new and improved gateway” for Cambridge, … Read More
Average Canadian House Price Soared 18% In Past Year, CREA Says
Last month was the busiest August for home sales ever Canada’s housing market continued its improbable run in August, as average prices jumped by almost … Read More