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According to a new survey by TD Canada Trust, more than two-thirds of repeat homebuyers expect their next house purchase won't be their last. Twenty-three per cent of the more than 1,000 participants -- all repeat homebuyers -- said they plan to move again within six years. One in five repeat buyers has owned more than five homes. All ...

Canada's home resale prices rose in June in the biggest monthly gain in ten months. "June marks the largest monthly increase in 10 months. But we do not believe that acceleration in the Teranet-National Bank index will be sustained," said Marc Pinsonneault, National Bank Financial senior economist. According to numbers from the ...

Toronto housing starts have risen for three months in a row, CMHC says in a report released this week. The seasonally adjusted annual rate of total housing starts rose 13% in October from the month prior, Canada Mortgage and Housing Corp. says, to a total of 34,200 units. Single-detached starts have remained stable, but condo starts have once ...

According Canadian Real Estate Association housing prices are recovering, with the average resale price in May – skewed by an increase in sales activity in the country's most expensive markets – reaching the highest level on record. “National resale housing market activity returned to pre-recession levels in May, 2009. The ...

When the Toronto and GTA housing market was hot, bidding wars forced many buyers to put in offers without conditions to increase their chances of being accepted. This, combined with unprecedented increases in home prices, scared many first-time buyers out of the market. But the economic downturn changed all that. As housing prices ...

Gloomy economic predictions are making us a lot more depressed than we need to be. That's a view expressed by several policy analysts in the latest issue of Policy Options, a Montreal-based journal.With so much attention in Canada paid to American news, it's easy to see why Canadians have been spooked. But while things are difficult here ...

TREB Members reported 2,577 sales in December 2008, compared to the 4,646 recorded during the same month in 2007, and the 4,447 recorded in December 2006, TREB President Maureen O’Neill announced today. “Sales for the whole of 2008 were 74,552, compared to the 93,193 recorded in 2007, and the 83,084 recorded during 2006.” The ...

The Greater Toronto Area resale housing market reported 5,155 sales in October, Toronto Real Estate Board President Maureen O’Neill announced. This represents a 35% decline from the 7,915 sales reported in October 2007 and a 25% decrease from the 6,876 transactions that took place during the same period two years ago. In the City of Toronto, ...

The market crisis along the south border has many homebuyers wondering how it will affect the housing market in Canada, but Canadian market analysts feel the problems the U.S. is experiencing should have little impact on real estate in this country.Canada is not expected to experience the same downturn as the U.S. market for many reasons. First, ...

Toronto has solidified its spot as North America’s largest condominium market, according to a report that says 259 projects are in the works in the city’s census area. Urbanation, one of the country’s major condominium market research firms, says condo sales skyrocketed over the first nine months of 2007. There were 16,790, ...