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RBC predicts poorer housing affordability in Canada

According to RBC’s own measure, the ability for Canadians to purchase a property went down to its worst level in 31 years. As you know, the national real estate market reached its activity peak at the start of this year, with bidding wars becoming...
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Canada’s job market is recovering from several lockdowns

In June, the national job market showed better than expected results, partially offsetting the previous losses caused by lockdowns earlier this year. According to Statistics Canada, the economy created 230,700 positions last month, while economists predicted only 175,000. Such results followed the loss of...
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June showed weaker housing market activity in Toronto

According to the Toronto Regional Real Estate Board (TRREB), the market’s activity peak may be already over, as the numbers started slowing down last month, falling from record levels. TRREB’s recent report says there were 11,106 home sales in June across the Greater Toronto...
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The craziest stories about booming housing markets across the world

We can see real estate markets going crazy all over the world. From Canada to Australia, the markets are booming. According to Knight Frank, home prices are skyrocketing at the fastest pace since 2006, with annual gains reaching double digits. The recent Bloomberg Economics analysis shows that...
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June showed weaker housing market activity in Toronto

According to the Toronto Regional Real Estate Board (TRREB), the market’s activity peak may be already over, as the numbers started slowing down last month, falling from record levels. TRREB’s recent report says there were 11,106 home sales in June across the Greater Toronto...
Read more
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