What To Expect From The Canadian Housing Market in 2019

2018 – The year when Canada’s housing market hit the brakes… What will happen in 2019?

The Canadian Real Estate Association sees home sales rebounding a little (2.1 per cent) in 2019 with home prices roughly keeping up with inflation (2.7 per cent). In Ontario, prices will likely climb a little faster (3.3 per cent) and in British Columbia, a bit more slowly.

Quebec, New Brunswick, Nova Scotia & Prince Edward Island can also expect modest price gains, while Saskatchewan and Newfoundland Labrador will experience a small dipping. The forecast for Alberta was stable, although that predated the recent oil price plunge.

The big banks expect interest rates to continue to rise between 2.25 per cent & 2.75 per cent by the end of 2019. Todd Schlanger, senior investment strategist at Vanguard Investments Canada says the Canadian economy will likely continue to grow in 2019, albeit at a slower pace than in 2018. 

Rather than a housing collapse, a more likely scenario is one in which home prices stagnate as household incomes slowly catch up. Another factor that might help keep the market stable is that rents are sky-high. This could help sustain the demand from homebuyers. 

Home buyers should be patient, and not count on price gains to make up for negative cash flow. And home sellers should be realistic and not fixate on “old peak prices” as they usually end up having to “chase the market down” watching their asking price gradually fall. If you are keen on selling, you have to be ahead of the market and possibly anticipate future prices declines.

For more on this article, visit:

Will it crash? Here’s what to expect from the Canadian housing market in 2019

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Edenshaw Developments presents Tanu Condos to Mississauga’s prestigious Port Credit neighbourhood. This tower will rise 15-storeys and will house 204 luxurious suites. Warm tones and engineered brickwork envelope the tower while sprawling glass windows create light fill spaces in every suite.

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For Pricing and Floor Plans contact your Sutton Realty Systems agent today:
905-896-3333 or 416-896-3333
Sutton Group Realty Systems Inc. www.CondominiumToronto.com

Mississauga News – Eleven Town Homes in the Village of Clarkson

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Pricing Starts from the $500,000’s

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Ask your Sutton Realtor for a complete price list and floor plans.

Sutton Group Realty Systems Inc. Brokerage

GTA Condo Market Outlook Webinar

Is Toronto Building Too Many Condos?

Will Prices and Rents Keep Rising?

Find out what’s in store for the GTA Market Wed Nov 28th 11am

This is a $50 Webinar, But We Will Stream It For FREE In The Office If We Have Enough Interest From Our Sutton Agents!

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Sutton Group Realty Systems Inc., Brokerage
905-896-3333 or 416-896-3333

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Power of Sale Listing in Toronto and GTA

Distress sales resulting from bank foreclosure or power of sale provisions, often represent a great way to get a fantastic deal on a home. It’s not easy for the average home buyer to find these deals, because you have to keep scouring the papers and they are not identifiable on the online listing services.

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You can also visit us on-line:


New Condo In Central Mississauga! Breathtaking West Views!

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New Condo In Central Mississauga! Breathtaking West Views!

New Condo In Central Mississauga! Breathtaking West Views!

 CAD $1,850 

Only One Year New Condo Offered For Lease For AAA Clients In Central Mississauga Location!

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Sutton Group Realty Systems Inc.,

Address: 510 Curran Pl
Reference; 4118527

Property information

Excellent Business Property In Mississauga!

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Excellent Business Property In Mississauga!

Excellent Business Property In Mississauga! CAD $69,900

Excellent Location For A Restaurant And Catering Business In One Of The Best/Highly Demanding Area Of Mississauga,

Don’t Miss This Opportunity To Become Business Owner.Fully Equipped Restaurant Kitchen With LCD Display At Front.

Finished Basement With Room And Lots Of Space For Storage,Average Income Of Residential

Neighborhood Is Over 91 K ,

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Sutton Group Realty Systems Inc.,

Address: 29 Queen St
Reference: 4106517

Property information

3 Bedroom Applewood Home! Amazing East Mississauga Location

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3 Bedroom Applewood Home! Amazing East Mississauga Location

3 Bedroom Applewood Home! Amazing East Mississauga Location

CAD $879,000 

Solid Brick 3 Bedroom- 2 Bathroom Detached Bungalow In A Great Location!

Short Walk To Schools, Steps To Bus Stops & Plaza!

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For more information contact us today!

Sutton Group Realty Systems Inc.,

Address: Constitution Blvd
Reference: 4114916

Property information

42 Mill St Condos

Introducing 42 Mill St Condos – Amico’s Latest Development Located At Mill And 7, Halton Hills!

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Prices Starting At Only $555,000 With Parking Included!

For More Details, Call Us Any Time!

Sutton Group Realty Systems Inc., Brokerage