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Mortgage Rate Forecast

The December issue of Mortgage Rate Forecast is now available on BCREA Online. Highlights: -Rising rates and tighter mortgage regulations in 2018 -Canadian economy slowing -Bank of Canada waiting on higher inflation Send questions and comments about Mortgage Rate...
Canadian home sales post solid gain in November

Canadian home sales post solid gain in November

Ottawa, ON, December 14, 2017 – According to statistics released today by The Canadian Real Estate Association (CREA), national home sales rose strongly in November 2017. Highlights: National home sales rose 3.9% from October to November. Actual (not seasonally...
CREA Updates National Resale Housing Market Forecast

CREA Updates National Resale Housing Market Forecast

Ottawa, ON, December 14, 2017 – The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity via the Multiple Listing Service® (MLS®) Systems of Canadian real estate Boards and Associations in 2017 and 2018. Housing market trends...

New OSFI Stress Tests and market impacts

New OSFI Stress Test Set to Limit National Home Price Appreciation to 4.9% in 2018 December 13, 2017  Impact of new stress test expected to be contained to first half of 2018 for most major markets Still risk of high price appreciation in Greater Toronto Area and...

Strong Economy Supporting Elevated Housing Demand

Strong Economy Supporting Elevated Housing Demand Vancouver, BC – December 12, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 7,731 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, an...