Canadian Home Sales Fall Back in August
9/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in August 2023.
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No end in sight to housing affordability crisis, says BMO's Guatieri
8/28/2023 | Posted in Canadian Housing Market by Jessi Sandhu
The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.
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What's next for home prices in Canada?
8/28/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data.
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Canadian Home Sales See Little Change From June to July
8/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were only slightly changed on a month-over-month basis in July 2023.
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The latest in mortgage news: record population growth to keep upward pressure on home prices
7/21/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report.
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Canadian Home Sales Showing Signs of Stabilization in June
7/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023.
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CREA Downgrades Resale Housing Market Forecast
7/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and average home prices via Multiple Listing Service® (MLS®) Systems of ... More
Canada home prices rose in May
6/20/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Home prices rose between April and May across Canada’s big cities, according to Teranet-National Bank™ Composite House Price Index
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Canada's housing market recovery gains more traction
6/16/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More
Canadian home sales continue to pick up steam in May
6/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023.
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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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