Canada's new home prices stall for the first time since 2015

New Canadian home prices stalled for the first time in almost three years, another signal that the boom in Toronto has been slowed by higher interest rates and tougher rules for buyers.

Statistics Canada's index of new home prices was unchanged in December, the first time that's happened since April 2015, the Ottawa-based agency said Thursday.

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How Millennials can navigate Vancouver's real estate market

It’s not an easy time to be a millennial home buyer in Vancouver. Increasingly high prices, low inventory and new mortgage qualification changes have made it a challenging time for young adults to enter the local real estate market. 

However, experts argue that there are creative, lesser-known strategies millennials can use to take the plunge.

Buying a home with a group of friends is another creative strategy millennials can use to enter the real estate market.

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Dividing the real estate market into ‘us and them’ would be a costly mistake for our economy

Many believe that the recent rise in housing prices in Canada was fuelled, to a large extent, by foreign homebuyers (them) and not by Canadian residents (us). However, such divisive binaries do not explain all the forces at play.

A recent analysis of mortgage issuance by the CMHC revealed that the participants in housing markets in Canada involve not just us and them, but also two additional cross-over cohorts.

Jethro Seymour, one of the Top Midtown Toronto Real Estate Brokers, provides you with Canadian real estate news headlines ( February 11th,  2018)

Picture: Annie Spratt

Leaside & Bennington Heights Sales Statistics for January 2018

Davisville Village Home Sales Statistics for January 2018

Moore Park Sales Statistics for January 2018

Lawrence Park Sales Statistics for January 2018

Rosedale Home Sales Statistics for January 2018

Chaplin Estates Sales Statistics for January 2018

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Jethro Seymour, Toronto Real Estate Broker.  Search Toronto's live MLS listing here.