By: Helen Avraam Neo

Is The Real Estate Market Going To Crash?

Tags: #realestatemarket #realtor #GTAandYorkRegionHomesbyHelen

Is the Real Estate Market Going to Crash? While many areas of the economy have contracted, the housing market has stayed remarkably strong. But can the good news last?   When COVID-related shutdowns began in March, real estate brokers and clients scrambled to respond to the shift. Record-low interest rates caused some lenders to call a halt to new underwriting, and homeowners debated whether...Read More

By: Helen Avraam Neo

The New Normal: A Strong Housing Market Expected to Continue in 2021

Tags: #realestatemarket #realtor #GTAandYorkRegionHomesbyHelen

Circumstances like a once-in-a-hundred-years pandemic and historic inventory shortages might have made you assume that the housing market would lose steam, but there is plenty of evidence to the contrary. As Canadian Real Estate Association (CREA) senior economist, Shaun Cathcart noted, “records [are continually] being broken” in the residential property market.1   Indeed, rather ...Read More

By: Helen Avraam Neo

National Home Price To Show Remarkable Resilience In 2020

Tags: House Prices

  According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate1 price of a home in Canada is expected to remain remarkably stable through the COVID-19 pandemic. If the strict, stay-at-home restrictions characterizing the fight against COVID-19 are eased during the second quarter, prices are expected to end 2020 relatively flat, with the aggr...Read More