As real estate prices rise, clients should not be counting on these assets to fund their retirement
Canadian households remain vulnerable due to heavy debt loads
Housing affordability continues to be the most important factor cited among first-time and repeat homebuyers
The national trend continued to decline from the historical peak that was recorded in March
Price appreciation has slowed in the greater Toronto and Vancouver areas
There were fewer multiple unit projects after strong numbers in June
Although about half of baby boomers plan to downsize, 56% said they consider the neighbourhoods they currently live in to be unaffordable
Residential home sales were up by 18.6% in the GTA while the average selling price rose by 4.8% in July
Housing sales mark the first substantiative month-over-month increase this year
The Greater Toronto Area saw affordability improve slightly as a dip in home prices counteracted higher interest rates