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Blog by Linda M Linfoot

Market Commentary - March 30, 2016

March 30th, 2016
Market Commentary

Student debt, lackluster job prospects and skyrocketing prices do not appear to have diminished the dream of home ownership for that group of potential first-time buyers known as millennials.

A new survey conducted by Angus Reid for one of the big banks suggests 86% of 18 to 34 year-olds believe home ownership is important. Fifty-nine percent say it offers a sense of persona ...

Market Commentary - March 21, 2016

March 21st, 2016
Market Commentary

The February home resale numbers from the Canadian Real Estate Association were good enough for the organization to up its forecast for the year. CREA has gone from projecting a slight, 1.1% decrease in sales to a slight, 1.0% increase.

But the figures are still a tale of two markets: the red hot big cities of Toronto and Vancouver and the rapidly cooling, oil dependent zone ...

Market Commentary - March 7, 2016

March 7th, 2016
Market Commentary

The latest eye-popping numbers from the Toronto and Vancouver real estate boards have once again raised the spectre of an affordability crisis.

National averages can be deceiving especially in light of the stratospheric prices in the country's two hottest markets. But popular measures of affordability can also be misleading because of their narrow terms of reference.

The Res ...