Housing affordability in Canada just saw the biggest improvement in almost 4 years
6/3/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More
Appetite for investment property remains strong, says Royal LePage
5/26/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Higher interest rates have not been an impediment to residential investors, new report says
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Home prices have some support despite sales slowdown
4/26/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue.
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Home prices could fall 5% amid pandemic
4/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More
Pandemic Throws Housing Market off Course
4/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The outlook on the Canadian housing market: RBC
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Canadian home sales and listings down in March
4/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020.
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Canadian housing starts declined in March
4/8/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC).
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Canadian Home Sales Brace for 30% Drop on Virus
4/2/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Real estate listings are drying up, open houses have been canceled, and buyers are staying home.
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Canada set for muted spring home-selling season as coronavirus saps sentiment
3/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
Is coronavirus about to prompt a house price crash?
3/17/2020 | Posted in Canadian Housing Market by Jessi Sandhu
RBC senior economist Robert Hogue gives his latest housing market assessment
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Canadian home sales up in February
3/16/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020.
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Canadian housing starts declined in February
3/9/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).
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Coronavirus-driven rate cut could add kerosene to Canada's housing market
3/4/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Lower mortgage rates likely to offset any major drag from a global outbreak
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CMHC says housing vulnerability moderate, Toronto and Hamilton overheating
2/21/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain ... More
Immigration continues to supercharge the engines of Canadian housing
2/19/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.
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Canadian home sales down in January
2/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.
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Canadian housing starts unchanged in January
2/10/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The national trend in housing starts essentially held steady in January.
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Focus on housing supply, not the mortgage stress test, says Scotiabank CEO
2/5/2020 | Posted in Canadian Housing Market by Jessi Sandhu
The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.
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Canadian home prices accelerated in 2019 says Statistics Canada
1/30/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Quarterly price trend report shows most major markets posted gains.
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Canadian home sales inch lower in December
1/15/2020 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.
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