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How Will Another Rate Hike Impact Canadian Mortgage Holders?

How Will Another Rate Hike Impact Canadian Mortgage Holders?

by Phil Hall | Oct 20, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

More than one-third of Canadians with a mortgage will have to make changes to their financial situation — including housing and employment – if the Bank of Canada enacts another rate hike, according to a survey from the personal finance site WealthRocket. The survey...
Canadian Home Starts Up in September

Canadian Home Starts Up in September

by Phil Hall | Oct 18, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The trend in Canadian housing starts totaled 254,006 units in September, up 3.9% from 244,511 units in August, according to Canada Mortgage and Housing Corporation (CMHC). The trend measure is a six-month moving average of the monthly seasonally adjusted annual rate...

Q3 Canadian Home Prices Up 3.6% Year-Over-Year

by Phil Hall | Oct 12, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The aggregate price of a home in Canada during the third quarter increased 3.6% year-over-year, according to the newly published Royal LePage House Price Survey. On a quarter-over-quarter basis, the national aggregate home price dipped by 0.8%, which the survey’s...
Canadian Home Starts Up in September

Survey: Most Canadians Buyers Willing to Shoulder Financial Strain for Homeownership

by Phil Hall | Sep 26, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

The majority of Canadian homebuyers are still happy to have a residence to call their own, despite the financial pressures they are shouldering. According to the 2023 Homebuyer Sentiment Survey published by the real estate marketplace Zolo, 93% of homebuyer...
eXp Luxury Expands Into Canada

eXp Luxury Expands Into Canada

by Phil Hall | Sep 11, 2023 | Current News & Events, International Real Estate News, Real Estate News, WRE News Exclusive

Bellingham, Washington-based eXp Realty, a subsidiary of eXp World Holdings Inc. (NASDAQ: EXPI), announced the Canadian launch of eXp Luxury, which the company promotes as a “forward-thinking luxury real estate program that leverages eXp Realty’s exclusive tools and...
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