Summary Rise in housing prices fueled by cheap debt and mismatch in demand and supply. High level of Canadian household debt due surging mortgage payouts a concern. Treating any sector as a quick multiplier of wealth can lead to broader reperc...
prices of major home builders rose by nearly 6 per cent after the budget announcement. The Budget announced yesterday on 3 March had boosted the sentiments of the housing market. The ongoing stamp duty holiday has been extended till the end of J...
Source: godshutter, Shutterstock Average home prices in Greater Toronto Area (GTA) topped over C$1 million in February 2021, up 14.9 per cent year-over-year (YoY), informed the Toronto Regional Real Estate Board’s (TRREB) on Wednesday....
The UK government’s £1.5-billion green homes grant is expected to face funding cuts after it was launched in September last year. According to news reports, around 22,165 grants were issued which were worth worth £94.1 m...
The COVID-19 pandemic has kinked the way our normal lives function. People around the world went from going to work to working from home, shopping online and relying on a homebody economy to maintain the social distancing protocols. While so...
The Australian Bureau of Statistics (ABS) has released building approvals data for October 2020. The data has been particularly encouraging for private sector houses or residential real estate. On a seasonally adjusted basis, building approvals fo...
Houses and other real-estate assets largely remain dynamic, as far as their prices are concerned. House prices and the market values of residential homes across the UK have seen a considerable upswing after the markets started recovering fr...
The focus on economic recovery will be a constructive environment for the Australian housing market. The COVID–19 pandemic is an extraordinary occurrence, unlike any shocks or cycles that the world has encountered since most macroeconomic me...
The Office for National Statistics (ONS) came up with its house price data for June 2020 on 16 September 2020. The data revealed that the average house prices in Britain rose 3.4 per cent in the year to June 2020. This increase was up from 1....
The once-resilient housing market of Canada is undergoing a historical recession triggered by the COVID-19 pandemic, social distancing rules and the overall economic downturn. A cornerstone of Canada’s economic growth till the beginning of 20...