Residential Mortgage Quarterly Review

General Robyn McLean 28 Jan

Some interesting insight on the last quarter and a look ahead from our friends at First National. Residential Mortgage Quarterly Review – Q4 2020 Jan 18, 2021 First National Financial LP After being on hiatus for a couple of quarters both the Canadian Real Estate Association and Canada Mortgage and Housing Corporation are back with […]

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Hopes for home ownership stay strong

General Robyn McLean 25 Jan

Some positives from our friends at First National.  Jan 25, 2021 Be the expert First National Financial LP The desire for home ownership remains strong in Canada.  The latest home buying sentiment poll by one of the country’s big banks suggests nearly 60% of Canadians aspire to own a home.  Just over half of those […]

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10 Things to Look for in a Real Estate Agent

General Robyn McLean 23 Jan

Some great tips from our friends at REW. A good realtor is an absolute necessity in this market. If you need a referral, just ask! Whether you’re buying or selling a home, you need the right kind of partner By Justin Kerby Jan 23, 2021 Finding the right real estate agent to represent you can be […]

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Bank of Canada Expects to Hold Overnight Rates Steady Until 2023

General Robyn McLean 20 Jan

Breaking news & insight from Dr. Sherry Cooper, Chief Economist at Dominion Lending.  The Bank of Canada, this morning, released its January Monetary Policy Report (MPR), showing they expect to keep overnight interest rates at its “effective lower bound” of 0.25% until 2023 (see chart below). To reinforce this commitment and keep interest rates low […]

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8 Things First Time Home Buyers Need to Know

General Robyn McLean 12 Jan

Some great tips for first-time homebuyers from our friends at REW. Becoming a homeowner is exciting, but make sure you’re going in with eyes open By Justin Kerby Dec 24, 2020 Thinking of buying your first home? Congratulations! Buying property is a milestone event worth celebrating, but before you pop the champagne – there are several […]

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High demand, higher prices for 2021

General Robyn McLean 12 Jan

The forecast for housing in 2021 from our friends at First National.  Jan 11, 2021 First National Financial LP The effects of the coronavirus pandemic have made it more difficult to forecast what is likely to come in the residential real estate market. But two of the country’s big realtors are looking ahead to ongoing […]

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Canadian Jobs Market Tanked in December

General Robyn McLean 8 Jan

What you should know. Chief Economist at Dominion Lending, Dr. Sherry Cooper shares her insight on the markets and what to expect. Canadian employment fell 62,600 last month, a bit weaker than expected, following seven months of recovery (see chart below). The rapid rise in COVID cases and the ensuing lockdown measures in many key regions […]

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Autumn chill does not cool hot market

General Robyn McLean 22 Dec

Market update from our friends at First National. Dec 21, 2020 First National Financial LP The Canadian home market remains robust as pent-up demand from the spring continued to unwind into the fall. The November numbers from the Canadian Real Estate Association show sales hit another new monthly record, up 32.1% compared to a year […]

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Housing Competition Strongly Favours Sellers in 25 Major Housing Markets Across Canada

General Robyn McLean 17 Dec

An interesting read from our friends at Zoocasa. REPORT  BY JANNINE RANE  December 17, 2020 in Infographics, Real Estate News Housing market activity remained at historically high levels across Canada, based on new data from the Canadian Real Estate Association (CREA). Home sales grew 32% year-over-year, and home prices rose 14% annually to $603,344. On the whole, the 15% growth  […]

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Canadian Home Sales Hit a New Record For The Month of November

General Robyn McLean 15 Dec

November stats and insight from Dr. Sherry Cooper, Chief Economist at Dominion Lending. Today’s release of November housing data by the Canadian Real Estate Association (CREA) shows national home sales continued to run at historically strong levels last month. Competition among buyers remains intense in the detached-home market and townhouses. Still, condo apartment sales-relative-to-new-listings have slowed as […]

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