News

News updated on 21 August 2020

• House price index posts smallest July rise for 15 years – www.wealthprofessional.ca
• Waiting for a real estate crash? The market is still surging – financialpost.com
• Canadians forgoing city living in favour of bigger, rural homes: survey – www.inhalton.com
• Here’s What Canada’s Mortgage Deferral Cliff Looks Like, And Why Experts Are Worried – betterdwelling.com

News updated on 20 August 2020

• Canadian housing market expected to remain active for the remainder of 2020 due to pent-up demand and low inventory levels, says RE/MAX brokers and agents – www.newswire.ca
• Canada: Alberta Introduces Commercial Evictions Moratorium Legislation - August 2020 – www.mondaq.com
• Will a decrease in immigration hurt Canadian real estate? – www.mortgagebrokernews.ca

News updated on 19 August 2020

• Canadian Real Estate Association says home sales hit record high in July – canada.constructconnect.com

News updated on 18 August 2020

• Canada real estate: RBC Economics predicts home prices to increase in near term – www.straight.com
• Canadian housing market posts new highs in unstoppable rebound – www.wealthprofessional.ca
• Housing starts soar 22.6% in July as Americans re-enter the housing market in droves – www.marketwatch.com
• Property prices in Canada outstripped rest of G7 over the last 15 years – analysis – www.mortgagebrokernews.ca

News updated on 17 August 2020

• How house hunting will forever change due to the pandemic – www.theglobeandmail.com
• Canada Housing Sales Hit Record in July – www.marketscreener.com

News updated on 16 August 2020

• This Week’s Top Stories: Canada Is The G7’S Biggest Real Estate Bubble, And Toronto Rental Inventory Soars – betterdwelling.com

News updated on 15 August 2020

• Historically cheap money helps keeps Vancouver housing market afloat – www.straight.com
• Big money bets big on B.C. rental: 'Good news' for investors, 'worst fears' for residents – whyborder.com
• Toronto rent dropped by 22 per cent downtown in July: report – nowtoronto.com

News updated on 14 August 2020

• Record lumber prices adding thousands of dollars to new home building costs – www.richmond-news.com

News updated on 13 August 2020

• Canada’s Mortgage Stress Test Update Put on Hold – www.point2homes.com
• Record low mortgage rates could last two years Five-year mortgages at 1.89 per cent as Bank of Canada cuts rates for mortgage stress test for second time this year – www.westerninvestor.com

News updated on 12 August 2020

• Edmonton-area real estate market hot despite COVID-19 pandemic – globalnews.ca
• Three reasons why Toronto real estate prices are so high – www.mortgagebrokernews.ca

News updated on 11 August 2020

• Canada: Housing Starts rise in July, unlikely to remain at such an elevated level for long – NFB – www.fxstreet.com

News updated on 10 August 2020

• Even amid pandemic, the northern housing market is hotter than ever, say realtors – www.cbc.ca

News updated on 9 August 2020

• This is why buying a house in Toronto is so expensive – www.blogto.com
• Landlords and tenants in Canada’s hottest housing markets finally agree on something: The system is broken on both sides – www.thestar.com
• Vancouver real estate: what $1 million can buy in Canada’s most expensive city – www.straight.com

News updated on 8 August 2020

• Vancouver Real Estate Market: How Is The Industry Today? – www.google.com
• Extension of the mortgage deferral program must be considered – www.countyweeklynews.ca
• Vancouver real estate and the Pandemic Depression – www.straight.com

News updated on 7 August 2020

• Toronto's real estate market smashes July sales record – ca.finance.yahoo.com
• Home rental market could face challenges but sales remain strong – www.wealthprofessional.ca
• Posthaste: ‘Supercharged’ Canadian housing market roars back to life, after lockdown halted 70,000 transactions – www.countyweeklynews.ca
• Housing market continues to be hot during summer: Sask. Realtors Association – www.cbc.ca

News updated on 6 August 2020

• Mansion Global Daily: London Luxury Loses Luster, a Record-Breaking July for Toronto, and More – www.mansionglobal.com
• Retail Real Estate Floats New Business Models – www.pymnts.com

News updated on 5 August 2020

• Government is why housing in Canada is unaffordable and more taxes won’t help – financialpost.com
• Vancouver home sales jump in July while prices rise amid lower supply – www.cbc.ca

News updated on 4 August 2020

• What’s the short-term future of residential real estate? We asked seven market experts – torontolife.com
• Making More Rental Housing Available for Families in Newmarket – www.newswire.ca
• MLA Canada: Greater Vancouver seeing a shortage of condos – www.mortgagebrokernews.ca

News updated on 3 August 2020

• Trouble Coming: A Housing Crash Could Happen Very Soon – www.fool.ca

News updated on 2 August 2020

• Warning: Don’t Make the Same Retirement Mistake As 14.6 Million Canadians – uk.finance.yahoo.com
• Bank Of Canada Using Billions To Prop Up Mortgages, Toronto And Vancouver New Condo Sales Plummet – betterdwelling.com

News updated on 1 August 2020

• Toronto real estate market is headed for a cliff – nowtoronto.com
• N.B. housing market 'blew up' during COVID-19, real estate board says – www.cbc.ca

News updated on 31 July 2020

• Q2 condo sales down 50 per cent from last year, but prices are up: TRREB – www.vancourier.com

News updated on 30 July 2020

• Sell high and buy low? – www.castanet.net

News updated on 28 July 2020

• Bank Of Canada Pumping Billions Into Mortgage Liquidity To Prop Up Real Estate – betterdwelling.com
• Remote work, lower interest rates driving record cottage real estate sales – www.ctvnews.ca

News updated on 27 July 2020

• Windsor housing market booms during pandemic – www.cbc.ca
• Private equity funding of seniors housing causing havoc – www.bignewsnetwork.com
• Real estate optimism sparks new life into Canadian consumers – www.bnnbloomberg.ca
• Is Canada's real estate forecast too optimistic? – financialpost.com
• ICM repurposes Calgary, Edmonton properties – renx.ca

News updated on 26 July 2020

• Canadians Defer Mortgage Payments At 2x The Rate Of Americans, And International Students Told To Stay Abroad – betterdwelling.com

News updated on 24 July 2020

• How to take advantage of Canada's growing real estate prices – financialpost.com
• RE/MAX | Canadian Housing Market: Peterborough heating up! – blog.remax.ca
• Tough times? GWL’s Paul Finkbeiner has seen it all before Executives Real Estate Companies – renx.ca
• Is Toronto Real Estate In Store for a Condo Buyer’s Market? – blog.remax.ca
• Toronto sees rise in downtown condominium listings – www.propertywire.com

News updated on 23 July 2020

• Luxury home sellers eye auctions – www.westerninvestor.com
• Concerns rise about office leasing rates: Altus survey – renx.ca
• Canada and Ontario Provide New Affordable Housing for Individuals and Families Across Northumberland County – news.ontario.ca
• Canada Data Center Market Size to Cross $3.5 Billion, Growing at a CAGR Of Over 3% During the Period 2020?2025 – www.globenewswire.com
• Struggling South Okanagan real estate market rebounds in June – www.pentictonwesternnews.com

News updated on 22 July 2020

• Home sales rise in city despite virus – www.thesudburystar.com
• Investing in commercial real estate means an uncertain future – www.wealthprofessional.ca
• Ulta Beauty closes 19 stores and prepares entry to Canada – www.premiumbeautynews.com
• King, Georgina bucking real estate market's pandemic pause: RE/MAX report – www.newmarkettoday.ca
• RE/MAX | Positive Signs in Atlantic Canada Housing Market – blog.remax.ca
• Coronavirus: Home sales surge outside of Toronto as residents seek more rural life – globalnews.ca

News updated on 10 July 2020

• Ontario Real Estate Market Trends – blog.remax.ca
• Canadian Economists Now Expect Property Prices in Major Cities to Drop By 2% – torontostoreys.com

News updated on 5 July 2020

• Cottage real estate market heats up with more Canadians working remotely – www.ctvnews.ca

News updated on 3 July 2020

• Pandemic heats up Vancouver rental property market – biv.com
• Why Have Toronto Real Estate Prices Not Crashed? – blog.remax.ca
• There is a future for retail real estate in Canada – www.mortgagebrokernews.ca

News updated on 2 July 2020

• Major Six-Tower Development Proposed Near Yonge and Steeles – torontostoreys.com
• No exodus from Hong Kong yet, but interest growing in pre-sale property units in Canada – business.financialpost.com
• CRA Tax Audit Of U.S. Real Estate Property Transactions For Canadian Taxpayers – A Toronto Tax Lawyer Analysis – www.mondaq.com

News updated on 1 July 2020

• Commercial property rent relief and eviction ban extended in B.C. – bc.ctvnews.ca
• New CMHC lending regulations kick in for home buyers – calgary.ctvnews.ca

News updated on 30 June 2020

• Institutional investors and developer partnerships increasing in Vancouver’s tight property market – www.theglobeandmail.com

News updated on 29 June 2020

• Average Rent Prices in Toronto Continue to Decline – torontostoreys.com

News updated on 28 June 2020

• Suburbs Boom, Toronto Fizzles As World's Major Cities Witness A Pandemic Exodus – www.huffingtonpost.ca

News updated on 27 June 2020

• Toronto's real estate decline is still to come: CMHC – nowtoronto.com

News updated on 26 June 2020

• Proposal Resubmitted for Mixed-Use Development in Scarborough’s Golden Mile Neighbourhood – torontostoreys.com
• Detached Home Sales in Toronto Recovered to 87% of 2019 Levels in June – torontostoreys.com
• Next Look at The Thornhill Residential Development – torontostoreys.com
• Metro Toronto Real Estate Trends and Price Forecast – www.mortgagesandbox.com

News updated on 25 June 2020

• Former IBM Canada HQ Set to Transform Into 3-Tower Condo Development – torontostoreys.com
• RBC: Toronto Real Estate Affordability Is Worse, Vancouver Makes Biggest Improvement – betterdwelling.com

News updated on 24 June 2020

• Half of Canadian Renters Looking for More Affordable Units Due to COVID: Survey – torontostoreys.com

News updated on 23 June 2020

• TRREB Backs Adjusting Municipal Land Transfer Tax Rebate in Toronto – torontostoreys.com
• Here are B.C.'s plans to combat a sudden spike in strata insurance – bc.ctvnews.ca
• 78% of BC residents support banning foreigners from buying real estate: survey – dailyhive.com
• Are Real Estate Prices Dropping on Vancouver Island? – blog.remax.ca
• The theory of immigrants and foreign investors driving Canada's property market is about to be tested – financialpost.com

News updated on 22 June 2020

• Pinnacle One Yonge Development Could Now Include Hotel Component – torontostoreys.com

News updated on 20 June 2020

• Housing markets see April to May sales jump – calgarysun.com

News updated on 19 June 2020

• Banning Foreign Home Buyers Would Get Backing Of 78% Of British Columbians – www.huffingtonpost.ca

News updated on 18 June 2020

• First-Time Homebuyer? These Rebates, Credits Can Save You Money – www.huffingtonpost.ca
• Despite Significant Drop in Volume, Market Conditions in Canada Similar to 2019 – torontostoreys.com
• Decrease in immigration impacting Toronto, Montreal real estate markets – www.mortgagebrokernews.ca

News updated on 17 June 2020

• The Most Expensive Condos Sold in Toronto in the Past Month – torontostoreys.com

News updated on 16 June 2020

• Major Canadian bank warns of historic price declines in Toronto and Vancouver – www.mortgagebrokernews.ca
• Soaring insurance rates puts condos at risk – www.westerninvestor.com
• Average Rent for Apartments Continued to Drop in Toronto in May – torontostoreys.com
• Canada’s Largest Real Estate Markets See A Big Drop In New Permanent Residents – betterdwelling.com
• Average house price in May was down from last year, even as sales bounced back from record April low – www.cbc.ca

News updated on 15 June 2020

• Vancouver rental home listings now offering months of free rent – dailyhive.com
• After 57% surge, Canadian home sales are still weakest since 1996 – www.bnnbloomberg.ca
• Home prices rise as B.C. real estate market continues slump – vancouversun.com
• Canadian home sales and new listings on the rise in May – creastats.crea.ca

News updated on 14 June 2020

• Rising House Prices And Tanking Rental Market Show Pandemic's Economic Divide – www.huffingtonpost.ca

News updated on 12 June 2020

• Real estate sales are down in Metro Vancouver but there's optimism, despite uncertain future ahead Social Sharing Facebook – www.cbc.ca

News updated on 11 June 2020

• Pandemic zooms real estate auctions online – biv.com

News updated on 10 June 2020

• Canada Mortgage and Housing Corporation tightens lending standards – vancouverisland.ctvnews.ca

News updated on 9 June 2020

• National Bank Of Canada Forecasts Sharpest Real Estate Price Decline Ever – betterdwelling.com

News updated on 8 June 2020

• Vancouver's most luxurious rental homes in limbo – biv.com
• Douglas Todd: Little sign that Hongkongers are buying Vancouver homes again – www.thewhig.com
• Strict new mortgage rules kick in July 1 – biv.com
• CMHC’s New Mortgage Rules Cut Maximum Purchase Price By Up To 12%: Experts – www.huffingtonpost.ca

News updated on 5 June 2020

• Toronto And Vancouver Real Estate Inventory May Get A Boost From AirBNB Slowdown – betterdwelling.com

News updated on 4 June 2020

• Alberta overhauls real estate regulator in wake of prior dysfunctional board – vancouversun.com
• Home sales bounce back in Toronto, Vancouver after shutdowns – www.nst.com.my

News updated on 3 June 2020

• Building more rental housing a win-win for cities, residents – renx.ca
• Toronto And Vancouver Housing Markets Rebound In May – www.baystreet.ca
• Signs of life in Toronto housing as sales surge 53% from April – www.bnnbloomberg.ca
• Home sales bounce back in Toronto, Vancouver after shutdowns – business.financialpost.com

News updated on 2 June 2020

• Metro Vancouver homes sales fell 44 per cent last month, but prices are still high – bc.ctvnews.ca

News updated on 1 June 2020

• Two new office towers in downtown approved by Vancouver City Council – dailyhive.com
• Social housing with a First Nations basket weave design proposed for Vancouver – dailyhive.com

News updated on 30 May 2020

• Developers face challenges building in Vancouver – fortune.com
• Residential and non-residential property tax bills are in the mail – calgarysun.com

News updated on 29 May 2020

• China's real-estate investors down on Vancouver, but not out – vancouversun.com
• Canada’s hotels face long, slow road to recovery: CBRE – renx.ca

News updated on 28 May 2020

• Canadian Economists Forecast Property Prices in Toronto to Fall 12.55%: Survey – torontostoreys.com
• New Brunswick nixes new property tax breaks for businesses, cottages – www.cbc.ca

News updated on 26 May 2020

• Listings the key to magnitude of possible Toronto real estate market price correction – trnto.com
• CIBC: Challenges To Canadian Real Estate Will Be “Coming In 12-18 Months” – betterdwelling.com

News updated on 25 May 2020

• Canadian house prices have declined by 10% – www.propertywire.com
• Canada’s major housing markets are slumping—except one – www.globenewswire.com

News updated on 22 May 2020

• No Nosedive Ahead for Canadian Real Estate Prices: RE/MAX – blog.remax.ca
• Three real estate trends emerging from the coronavirus pandemic – www.ctvnews.ca

News updated on 20 May 2020

• Toronto affordability might improve after COVID-19 – economists – www.canadianrealestatemagazine.ca
• Alberta housing markets may surprise investors post-recovery – report – www.canadianrealestatemagazine.ca
• 34% of Torontonians Still Say They Want to Buy a Home in the Next 12 Months – torontostoreys.com

News updated on 19 May 2020

• Rental Rates in Toronto are Finally Starting to Decline – torontostoreys.com

News updated on 18 May 2020

• Canadian Real Estate Sales See Worst April Since 1984, Montreal And Toronto Lead Lower – betterdwelling.com

News updated on 17 May 2020

• Canadian Real Estate Defaults Expected To Triple, Price Forecasts Are All Over The Place – betterdwelling.com

News updated on 13 May 2020

• What’s in Store for Vancouver Real Estate? – www.point2homes.com
• Critics say Vancouver needs to recalibrate its housing strategy – www.theglobeandmail.com
• Toronto market might find post-coronavirus recovery easier – RE/MAX – www.canadianrealestatemagazine.ca
• Ontario, BC seeing steady multi-family demand amid COVID-19 – www.canadianrealestatemagazine.ca

News updated on 11 May 2020

• Can Canada’s property market repeat the success of 2008? – www.ft.com
• Allied Properties turns its attention to Vancouver – renx.ca

News updated on 8 May 2020

• Why a post-COVID-19 real estate collapse is not going to happen – edmontonsun.com
• Canadian Real Estate Prices To Make Double Digit Drop, Another Risk Agency Tells Institutional Investors – betterdwelling.com
• Home Prices in Toronto Could Drop More Than 14% By 2023: Report – torontostoreys.com

News updated on 7 May 2020

• Vancouver-area home prices could drop 15 per cent due to pandemic – www.citynews1130.com

News updated on 6 May 2020

• Some Canadian banks freeze new financing for commercial properties on COVID-19 concerns – ca.finance.yahoo.com

News updated on 5 May 2020

• Toronto Regional Real Estate Board Releases Monthly Market Report – www.globenewswire.com
• Toronto House Prices Drop As Vancouver Home Sales Hit 38-Year Low – www.huffingtonpost.ca

News updated on 4 May 2020

• April home sales in Metro Vancouver lowest since 1982 – bc.ctvnews.ca
• COVID-19 slowed down Vancouver real estate sales, but not its prices – ca.finance.yahoo.com
• Canada Emergency Commercial Rent Assistance Announced for Qualifying Commercial Property Owners and Small Business Tenants - Update April 2020 – www.jdsupra.com
• What Causes Ontario Real Estate Prices to Increase? – blog.remax.ca

News updated on 3 May 2020

• Lower Mainland rental, real estate markets hold steady amid COVID-19 – www.citynews1130.com

News updated on 1 May 2020

• City of Vancouver seeking to fast track housing projects due to coronavirus impact – dailyhive.com

News updated on 30 April 2020

• Toronto's Industrial Market Stays Strong As Economy Wobbles – www.bisnow.com
• Real estate in upheaval until 2022, says one of Canada's biggest landlords – www.bnnbloomberg.ca

News updated on 29 April 2020

• Reduced purchasing power more apparent in Canada's largest markets – www.canadianrealestatemagazine.ca
• The Quebec market will enter a quieter period – QPAREB – www.canadianrealestatemagazine.ca
• Vancouver homeowners can wait until Sept. 30 to pay property taxes – bc.ctvnews.ca
• Canada: COVID-19: Impacts To The Ontario Real Estate Industry – www.mondaq.com

News updated on 28 April 2020

• 'Catastrophic': Empty malls in Canada face massive hit as unpaid rent surges – calgaryherald.com
• Affordability in Vancouver remains an ever-distant dream – RE/MAX – www.mortgagebrokernews.ca

News updated on 24 April 2020

• What is Happening in the Toronto Real Estate Market? – blog.remax.ca

News updated on 22 April 2020

• Risks to household finances will remain after COVID-19 – experts – www.canadianrealestatemagazine.ca
• Commercial sector to become more valuable after COVID-19 – CBRE – www.canadianrealestatemagazine.ca
• Home sellers to wrestle with persistent low price points – www.canadianrealestatemagazine.ca
• Toronto Housing Sales Nose-Dive In April – www.bisnow.com
• Greater Toronto Area home sales down 69 per cent mid-way through April – www.cp24.com

News updated on 21 April 2020

• Commercial sector to become more valuable after COVID-19 – CBRE – www.canadianrealestatemagazine.ca

News updated on 20 April 2020

• Home sales to plummet in April with COVID-19 recession, but rebound next year: BCREA – bc.ctvnews.ca
• Canadian Home Prices Could Drop as Much as 5% Due to Coronavirus: Report – torontostoreys.com

News updated on 16 April 2020

• Even In Downturn, Home Prices Projected To Remain Stable – www.bisnow.com

News updated on 15 April 2020

• Vancouver is seeing fewer home buyers from China – www.canadianrealestatemagazine.ca
• Consumer confidence is suffering an unprecedented decline – www.canadianrealestatemagazine.ca
• How coronavirus crisis could impact Metro Vancouver real estate – www.citynews1130.com

News updated on 14 April 2020

• Chinese buying of Vancouver real estate plummets with COVID-19, says Canadian realty firm – www.straight.com

News updated on 9 April 2020

• Canadian real estate markets hit hard by pandemic – www.cbc.ca
• Landlords And Tenants Are About To Get A Lot Closer – www.bisnow.com
• Toronto Still North American King of The Cranes – www.bisnow.com

News updated on 8 April 2020

• TD Bank chief optimistic of steady recovery after pandemic – www.canadianrealestatemagazine.ca
• Alberta market home sales fall by nearly 10% within one month – www.canadianrealestatemagazine.ca
• Toronto Home Sales Drop 76% Amid COVID-19 Shutdown – www.huffingtonpost.ca

News updated on 5 April 2020

• Is Toronto's real estate market a bubble poised to burst? – torontosun.com

News updated on 4 April 2020

• Canadian home sales brace for 30% drop on virus outbreak – www.businesstimes.com.sg

News updated on 3 April 2020

• TORONTO REGIONAL REAL ESTATE BOARD RELEASES RESALE HOUSING MARKET STATISTICS – www.globenewswire.com
• Mortgage deferrals at Canada's big banks pile up, association says – www.cp24.com
• Toronto House Prices Jump By $130,000 In A Year As Industry Calls For 'Shovels In The Ground' – www.huffingtonpost.ca

News updated on 2 April 2020

• 'This is freezing the market': Once roaring, Canadian home sales brace for 30% drop from coronavirus – business.financialpost.com
• SPH Pulls Out of Senior Facility Deal Amid Pandemic Fears – www.bisnow.com

News updated on 1 April 2020

• Toronto home sales are plummeting down on account of Covid-19 – www.blogto.com
• Ministry of Economy & Finance issues new building licenses, warns advertising of unlicensed projects – www.realestate.com.kh

News updated on 31 March 2020

• Commercial investments poised to weather COVID-19 – www.canadianrealestatemagazine.ca
• 'We're Going To Come Out Stronger': Office Changes After COVID-19 – www.bisnow.com

News updated on 30 March 2020

• Toronto real estate sales plunge as virus weighs on market: Realtor – www.bnnbloomberg.ca

News updated on 29 March 2020

• Canada: slowdown before a new boom? – www.globalpropertyguide.com

News updated on 26 March 2020

• Online data shows real estate activity plummeting – www.canadianrealestatemagazine.ca
• Luxury home market still a bright spot – www.canadianrealestatemagazine.ca
• Which property segment is most vulnerable to COVID-19 risks? – www.canadianrealestatemagazine.ca
• Toronto Rent Strike Gains Momentum As April 1 Looms – www.bisnow.com

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