Category Archives: housing market

Canadians Choosing to Live in Urban Cores – Report

Canadians are increasingly preferring downtown living over life in suburbia, according to a new report on Canada’s real estate market. Issued jointly¬†by PricewaterhouseCoopers and the Urban Land Institute (ULI), the annual report aims to track trends in the country’s real … Continue reading

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Immigration Boosting Canadian Housing Sector -Analysis

A new economic analysis credits immigration for keeping Canada’s housing sector growing amid a slowdown in the developed economies. As reported by the Globe and Mail, a National Bank of Canada (NBC) report on the Canadian housing market finds that … Continue reading

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CIBC Economist: Immigrants to Boost Canada’s Housing Prices

A report released today by a major Canadian bank says growth in the 25-34 age group and increases in immigration levels will likely push housing prices up over the next decade. The analysis, by CIBC World Market’s deputy chief economist … Continue reading

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Vancouver Sees 12 Percent Drop in Housing Prices in July from Same Time Last Year

Vancouver, one of the most popular Canadian housing markets for the country’s immigrants, saw the average value of real estate purchases in July drop 12 percent from the same period last year, according to data collected by Bloomberg News. The … Continue reading

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Inflation Drops to 1.2% in May, Reducing Likelihood of Rate Hike

Prices increased 1.2 percent in the 12 months leading up to May, a drop of 0.8 percent from the annual inflation rate in April, according to a report released by Statistics Canada today, a development that could keep interest rates … Continue reading

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