Real Estate News

1) Liberal plan for 30-year mortgage amortizations kicks in. Here’s who qualifies 2) Supply levels improve, taking some pressure off prices 3) Ontario homes keep selling at © notable losses but experts say market should rebound soon 4) Greater Toronto condo rents see first annual drop since 2021 5) Toronto’s condo market is facing its biggest test since the 1990s recession

1) Bank of Canada reduces policy rate by 25 basis points to 4½% 2) Falling home sales not enough to stop prices from rising outside Calgary 3) Calgary sees rising supply and prices, seller’s market persists: Q2 2024 CREB report 4) Toronto condo sales were down nearly 20 percent in second quarter as inventory levels continued to rise: TRREB 5) How will the Bank of Canada rate cut impact the real estate market?

1) Canadian Real Estate Weakens As People Flee Toronto & Vancouver: BMO 2) Fewer home sales and lower average housing prices in Canada compared to last year 3) How The City Of Calgary's New $60M Housing Capital Initiative Will Work 4) The Most Splendid Housing Bubbles in Canada, June: A Rate Cut, and? 5) Home prices in Calgary among the fastest growing in Canada

1) Calgary's housing market is red-hot as demand outpaces supply 2) Calgary sees 13% drop in sales amid supply challenges, rising prices and bidding wars: CREB, Wahi 3) Canadian Real Estate Has Young Adults & Immigrants Considering A Move 4) Experts say Toronto home prices are about to spike again despite lack of sales 5) Toronto realtor says more interest rate cuts, job security are crucial in getting homebuyers off the sidelines

1) Giddy up: Calgary is hottest real estate market in Canada 2) Calgary home sales slip in June but still above long-term trends 3) GTA home sales down 16% in June despite interest rate cut: TRREB 4) Trying to sell or buy a home this summer? 5) In Toronto, you can get half a house for half a million dollars

1) Trying to time the housing market after the rate cut? 2) Calgary’s commercial real estate market driven by multi-family demand 3) Inside Toronto’s slumping condo market 4) More listings, more new apartments provide supply relief 5) Provincial Housing Market Outlook

1) Bank of Canada rate cut seen revitalizing housing market after 'sleepy' May 2) Report shows Albertans' interest in real estate as rent costs climb 3) Calgary home prices rose by over $6K last month 4) Newcomers are among the most prepared for buying a first home 5) Canadian Housing Market Outlook 2024

1) These are the 10 most affordable towns and cities in Ontario 2) Bank of Canada needs to rebuild public trust after inflation: governor Tiff Macklem 3) The City of Toronto's Planning Division shared its latest Development Pipeline 4) Canada's economy added a flat 27,000 jobs in May while unemployment ticked up to 6.2% 5) Bank of Canada’s Macklem Wants Inflation Closer to Target

1) #Calgary home prices on the rise again as lower-priced listings remain in demand 2) #BankofCanada cuts key interest rate to 4.75% 3) Canada Begins #RealEstateDeveloper Bail Out With 55 Year Loans 4) #Government launches $1.5B program to build more co-op housing 5) Despite the growing pains, Canada’s #Immigration boom has been good for the #economy

1) Statistics Canada says economy grew at 1.7% annualized rate in Q1 2) Calgary's 5 most expensive homes for sale right now 3) Booming Population and Plummeting Housing Starts: What’s Next for Toronto’s Housing Market? 4) Job vacancy rate drops to 4-year low in Canada amid strong employment gains 5) Toronto’s cool spring housing market might finally be heating up

1) Calgary real estate is red hot; homes selling over asking price; 2) National home sales in April up 10% compared with year ago, but monthly sales slow 3) 5 neighbourhoods that are most in demand in Calgary right now 4) Trudeau Housing Push Challenged by Weak Productivity, Study Says 5) What sacrifices are you making to live in Toronto?

1) A perfect storm for sellers: Demand for lower-priced listings driving up Calgary home prices, sales 2) Price of Calgary townhomes growing fastest in Canada: report 3) A city in Alberta just saw the biggest annual rent spike in the country 4) Multiple offers mounting for houses under $1 million in Toronto 5) Delayed Rate Cuts Chill Toronto’s Spring Real Estate Market