Blog & News: News Media Reports

Summary of Findings:

• A tariff on all Canadian imports to the United States would have serious consequences for the Canadian and BC economies.

• A 25% tariff would push both the Canadian and BC economies into...

Key Highlights:

• 40% of Canadians whose mortgage is renewing in 2025 expect their payment will stay the same or decrease, while 57% anticipate their monthly payment will increase.

• 81% of those who expect their...

Discover the latest trends shaping Canada’s housing market with our Q3 2024 House Price Survey. Here’s what you need to know.

Q3 2024 Key Highlights:

• National Trends: The aggregate home price rose a modest...

Discover the latest trends shaping Canada’s housing market with our Q2 2024 House Price Survey. Here’s what you need to know.

Q2 2024 Key Highlights:

• National Trends: The aggregate home price in Canada rose...

A new study from Royal LePage has found that homeowners who can afford 20% down payments are much better off in the long run than renters.

In fact, buying a home in Canada with an uninsured mortgage puts...

Highlights:

• 14% of homeowners in Greater Vancouver, 13% in the Greater Toronto Area and 12% in the Greater Montreal Area own more than one property
• More than 40% of secondary property owners in the greater...

Survey Highlights:

• 40% of boomer homeowners have at least half of their net wealth in real estate
• 52% of boomer homeowners would prefer to renovate their current property over moving
• 17% of boomer homeowners...

Highlights:

• 75% of first-time homebuyers in Toronto and 69% in Vancouver reported feeling worried that they would not have a large enough down payment to purchase a home (68% and 58% in 2019, respectively)...

First quarter regional highlights:

• Addressing chronically low inventory critical in solving nation's housing affordability crisis
• Aggregate price of a home in Canada rose 14.1% year-over-year in the first...