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 estate market, and has identified the growing preference for urban living as a major shift that will shape Canadian cities. […]

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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 the so-called ‘household forming cohort’, which is the segment of the population aged 20-44, is growing much faster in Canada […]

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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 Benjamin Tal, points to the propensity of Canadian immigrants to buy a home to support its conclusion. Statistics show that […]

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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 city’s real estate prices have boomed in recent years due in large part to foreign investment from China and home […]

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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 low and help shore up housing prices in the near term. The slowdown in inflation was due primarily to declines […]

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