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 Greater Vancouver as chance of market correction fades Compounding policies could have unintended consequences for struggling housing markets TORONTO, December 13, 2017 – According […]

Largest Cohort of Millennials Changing Canadian Real Estate, Despite Constraints of Affordability and Mortgage Regulation

August 17, 2017 ‘Peak Millennials’ (aged 25 to 30) to create strong wave of demand National survey shows while the peak millennial dream to own property is very strong, challenges to homeownership vary across the country The number of 25-30 year olds is set to grow again TORONTO, August 17, 2017 – According to the Royal […]

Royal LePage Housing Survey July 2017

Canada’s Residential Real Estate Market Makes the Move to Moderation in the Second Quarter of 2017 July 13, 2017 With recoveries underway in Vancouver, Calgary and Edmonton, home prices rise in the majority of metropolitan areas nationwide  Greater Toronto Area witnesses temporary slowdown in sales activity as the Ontario Fair Housing Plan takes effect  TORONTO, […]

Alasdair Douglas’ February 2017 Kitchener-Waterloo Real Estate Update

February has been another strong month for real estate sellers and another challenging month for real estate buyers. Units sold is up moderately (4.7%), not quite the “Frenzy” alluded to in the KWAR press release but very healthy. Kitchener-Waterloo’s real estate market still favours sellers. If you are buying be prepared to compete and to […]

Royal LePage Housing Survey & 2017 Forecast

Moving Away from the Regional Extremes of Real Estate Feast and Famine January 12, 2017 National home price appreciation experiences significant growth in the fourth quarter of 2016  Greater Vancouver projected to see a home price correction in 2017, while double-digit price appreciation expected to continue in the Greater Toronto Area TORONTO January 12, 2017 – […]

Canada’s Housing Market Continues to Expand in Third Quarter in the Face of Regulatory Headwinds.

In a tepid economy, the healthy real estate sector attracts taxation and regulation  TORONTO, October 13, 2016 – Canada’s residential real estate market continued to grow in the third quarter of 2016, posting a double-digit year-over-year aggregate house price increase, according to the Royal LePage House Price Survey[1] released today. The Government of British Columbia’s […]

Alasdair Douglas’ August 2016 Kitchener-Waterloo Real Estate Update

Our market update is a little late this month as I was away on vacation in sunny Scotland, you read that right, it was sunny while I was there! Sales are up again for August! Read below for excerpts from the August KWAR press release. HOT HOME SALES IN AUGUST KITCHENER-WATERLOO, ON (September 7, 2016) […]

262 Shakespeare Drive in Waterloo, For Sale for $769,900.

262 Shakespeare Drive in Waterloo is a tudor style, 2473 sq ft home in the prestigious and desirable Old Beechwood neighbourhood. Pleasingly situated on a large picturesque lot surrounded by mature trees this home surely has curb appeal! From the welcoming front porch you enter the spacious and inviting front hall with a private office/den […]

Alasdair Douglas’ July 2016 Kitchener-Waterloo Real Estate Update

Real Estate sales in Kitchener-Waterloo for the month of July have reached levels not seen since 2008 and are up slightly on last years activity. You would think that this would be seen as good news but in the current climate of runaway home prices and demand that stability is seen as a poor month! […]

Cooling of Canada’s Hottest Real Estate Markets Delayed Again

Canada’s residential real estate market posts strongest growth in five years in the second quarter of 2016 Central bankers expected to keep interest rates lower for longer in light of Brexit and global uncertainty TORONTO, July 13, 2016 – Canada’s residential real estate market continued to show strong appreciation in the second quarter of 2016, […]