Found 4 blog entries tagged as Canadian housing.


Ah, the quest for homeownership in the Great White North! It's a journey filled with igloos, poutine, and maple syrup… or is it? While the Canadian dream may not necessarily involve those stereotypical elements, it almost always includes owning a piece of this beautiful country. But where do you start, and how can you make the journey smoother? Well, dear reader, it's time to explore the exciting world of down payments and discover why going big can be your golden ticket to that cozy Canadian home.

Chapter 1: The Down Payment Dance

Before we dive headfirst into the benefits of a larger down payment, let's get our groove on and understand what it is.

In the world of Canadian real estate, the down payment is the initial lump sum of money you…

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In recent months, officials at all three levels of government have been scrambling to increase affordability in the Canadian real estate market, with municipal, provincial and federal housing proposals ranging from new or higher tax rates to more tax credits.

During the last general election, all of the federal party leaders put forward their ideas to improve the housing sector and ensure more Canadians can purchase a home, be it a single-family home, townhouse or condominium unit, without breaking their budgets to do so. But now that it appears Prime Minister Justin Trudeau and his Liberal government will remain in power for another three years, the Grits are beginning to tackle this national issue. What federal housing proposals will actually…

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It might not seem like it, but Canadian real estate is in the middle of one of the most significant supply booms ever. Canada Mortgage and Housing Corporation (CMHC) data show 2021 housing starts made a big jump. More importantly, the surge of new home construction is beginning to reach the market. New home completions have hit one of the highest levels ever. One Big Six bank even sees it breaking the 1970s high this year.

Canadian New Home Starts Were Up 21% In 2021

Canadian housing starts fell recently, but they’re still much higher than they used to be. The seasonally adjusted annual rate (SAAR) of starts hit 261,000 homes in December. It was down from the SAAR of 268,000 units a month before. Even with that drop, this is much…

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Canadian real estate_2022 report

Confidence continues in Canadian real estate market, with the inter-provincial relocation trend likely to remain strong in 2022

  • Migration between provinces expected to continue in 2022, potentially impacting local Canadian real estate conditions, according to 53 per cent of RE/MAX brokers (20 out of 38)
  • 49 per cent of Canadians believe the housing market will remain steady in 2022 and view real estate as one of the best investment options over the next year
  • Some of the highest outlooks are anticipated for Atlantic Canada, with Moncton and Halifax projecting average residential sales prices to increase by 20 per cent and 16 per cent respectively in 2022
  • 95 per cent of regions (36 out of 38) surveyed are likely to remain seller’s markets…

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