Tag: Housing

It’s not just Toronto and Vancouver — Canada’s housing bubble has gone national | CBC News

Bidding wars and unconditional offers way above asking price used to only be a big-city phenomenon. But in the era of COVID-19, small towns across the country are getting caught up in the real estate frenzy.
— Read on www.cbc.ca/news/business/housing-bubble-small-towns-1.5973134

Scotiabank Is Cautious on Canada Housing as RBC, BMO Seek Action – Bloomberg

Bank of Nova Scotia, Canada’s third-largest lender, waded into the burgeoning debate over whether Justin Trudeau’s government should take immediate steps to cool the nation’s hot housing market, issuing a report that cautioned against rushing to implement new constraints.
— Read on www.bloomberg.com/news/articles/2021-04-05/scotiabank-canada-s-no-3-lender-sees-no-urgency-over-housing

‘Not for the faint of heart’: Average Toronto home passes $1 million mark in February

At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
— Read on ca.finance.yahoo.com/news/greater-toronto-housing-fire-february-100000671.html

Toronto Real Estate: Average Home Price Hits C$1 Million, With Gains in Suburbs – Bloomberg

The average price of a home sold in Toronto breached C$1 million for the first time in February, with gains accelerating in the suburbs around Canada’s largest city.
— Read on www.bloomberg.com/news/articles/2021-03-03/toronto-home-prices-hit-c-1-million-with-bidding-wars-picking-up

‘Off the charts’ housing could force feds’ intervention: Scotia economist – BNN Bloomberg

‘Off the charts’ housing could force feds’ intervention: Scotia economist – BNN Bloomberg
— Read on www.bnnbloomberg.ca/off-the-charts-housing-could-force-feds-intervention-scotia-economist-1.1571283

More homes were sold in Canada in July than in any month in history | London Free Press

Sales soared 26% from month before, prices up 2.3%
— Read on lfpress.com/business/local-business/more-homes-were-sold-in-canada-in-july-than-in-any-month-in-history/wcm/49250eaa-2ddb-4226-b70c-d0be766c4dcd/