Canadian housing market set to pick up pace in 2025
11/27/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Experts predict a seller's market in nearly half the nation’s housing regions ...
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House prices continue to rise in October as market gains momentum
11/19/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Conditions on the resale market tightened further in October, with a seller’s market that is synonymous with upward price support. ...
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Canadian Home Sales See Surprise Jump in October
11/18/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Home sales activity recorded over Canadian MLS® Systems increased 7.7% on a month-over-month basis in October 2024, reaching its highest level since April 2022. ...
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10/10/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Royal LePage’s latest housing market forecast predicts a real estate rebound that will see Canada’s “sluggish” markets in recovery mode by spring following ...
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Canadian Housing Activity Remains in Holding Pattern
9/16/2024 | Posted in Real Estate News by Jessi Sandhu
National home sales increased in June following the Bank of Canada's first interest rate cut since 2020, and activity posted another small gain in August on the heels of the ...
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Fledgling Canadian Housing Market Momentum Hits Pause in July
8/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu
While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a ...
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Canadian Housing Activity Perks Up in June
7/12/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Activity in Canada's housing market saw some early signs of renewed life in June 2024, following the Bank of Canada's interest rate cut at the beginning of the month. ...
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Canadian Housing Activity Sees Another Quiet Month in May
6/17/2024 | Posted in Canadian Housing Market by Jessi Sandhu
While May was another relatively uneventful month for many Canadian housing markets with national month-over-month home sales edging slightly lower and new listings moving only a ...
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Home Buyers Remain Cautious Amid Increasing Spring Listings
5/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market. ...
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Majority of aspiring homeowners awaiting rate cuts before buying: BMO survey
4/30/2024 | Posted in Home Buyers by Jessi Sandhu
The majority of Canadians aspiring to buy a home say they will push their plans to next year or later to wait for interest rates to drop, a new survey shows. ...
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Hints of Active Spring Market in March Housing Data
4/12/2024 | Posted in Canadian Housing Market by Jessi Sandhu
While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March ...
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Bank of Canada leaves spring housing market in 'holding pattern'
4/10/2024 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
News not all bad as central bank signals possibility of rate relief in June ...
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Canadian Home Prices See Sudden End to Declines in Advance of Spring Market
3/18/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a ...
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Canada's home prices to rise again on stretched demand-supply gap
2/29/2024 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Home prices in Canada are forecast to gain a bit this year and rise further in 2025 on relentless demand for housing amid scant new supply and prospects for interest rate cuts ...
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Canadian Home Sales Showing Signs of Recovery
2/14/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ...
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Canada's housing market to stabilize, but don't expect return to "rollicking" price gains, BMO says
1/29/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Stability is expected to return to the country’s housing market this year as interest rates ease, but homeowners shouldn’t expect a return to the ...
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Canadian Home Sales See Unexpected Surge to Close Out 2023
1/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably on a month-over-month basis in December 2023. ...
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2024 housing market and interest rate forecasts
12/27/2023 | Posted in Mortgages and Real Estate by Jessi Sandhu
As we look back at the year that was, we can say 2023 was a year that tested the resilience of Canadian mortgage holders. And as we look forward, there’s optimism that 2024 ...
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Canadian Home Sellers Joining Buyers on the Sidelines
12/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu
The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023. ...
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Canadian Home Sales See Downward Trend Continue in October
11/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined on a month-over-month basis in October 2023. ...
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Canadian Home Sales Ease Again in September
10/13/2023 | 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 September 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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Real estate report: Second highest home price increase ever recorded in a single month
8/18/2023 | Posted in Real Estate Market by Jessi Sandhu
Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index. ...
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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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Rising interest rates a factor as new homes sales dip in GTA: BILD
7/24/2023 | Posted in New Developments by Jessi Sandhu
Although new home sales in the Greater Toronto Area were up in June, the Building Industry and Land Development Association (BILD) says sales have dipped “significantly ...
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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 ...
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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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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 ...
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