by Liz Dominguez | Jul 5, 2018 | Exclusive Canada, Exclusive Canada - Real Estate |
For months, industry watchers have been wondering when the Canadian housing market will make its way out of its 2018 sales slump. Now, economists have started to file their predictions for the second half of the year. When will activity pick up again? Read on for...
by Liz Dominguez | Jul 5, 2018 | Exclusive Canada, Exclusive Canada - Real Estate |
For years, the Canadian economy has benefited from historically high housing prices in some of its biggest housing markets. But as the market enters a serious correction in 2018, what does that mean for the industry? There may be a few changes ahead. The economy grew...
by Liz Dominguez | Jul 5, 2018 | Exclusive Canada, Exclusive Canada - Real Estate |
While prices across most property types have remained relatively flat in 2018, there does seem to be one exception. The price of condos has been on the rise month-over-month in almost every major housing market this year, as buyers shift their focus from...
by Liz Dominguez | Jul 5, 2018 | Exclusive Canada, Exclusive Canada - Real Estate |
It’s a well-documented fact that Canada has some of the highest levels of household debt in the world, thanks in no small part to an excess of mortgage debt. But the country’s debt-to-income ratio finally started to shift downward in the first quarter of 2018, falling...
by Liz Dominguez | Jul 5, 2018 | Exclusive Canada, Exclusive Canada - Real Estate |
It’s been a bumpy year for the Canadian housing market, as sales and prices continue to drop on a year-over-year basis. The current slump is particularly noticeable, given the market’s red hot performance in the spring of 2017. So why have things cooled off? In the...