Wave of sidelined homebuyers plan to return to the market this spring
3/16/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Many Canadian homebuyers were sidelined after interest rates climbed to the highest level in more than a decade last year, but a new report found most individuals that ... More
Canadian home sales rise in February despite drop in new supply
3/15/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in February 2023.
... More
Canadian home sales begin 2023 at 14-year low
2/15/2023 | 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 January 2023.
... More
Investors made up 20-30% of home purchases during the pandemic: StatCan
2/7/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada.
... More
Canadian home sales edge up to end 2022
1/16/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022.
... More
1/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, ... More
1/13/2023 | Posted in Canadian Housing Market by Jessi Sandhu
National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019
... More
Canadian home sales edge down from October to November
12/15/2022 | 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 November 2022.
... More
Long-term prospects for Canadian home prices are positive
12/13/2022 | Posted in Canadian Housing Market by Jessi Sandhu
The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s.
... More
Despite price drop, is the Canadian housing market rebounding?
11/16/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead.
... More
Canadian home sales edge up from September to October
11/15/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022.
... More
Teranet-National Bank House Price Index sees another record monthly decline in September
10/20/2022 | Posted in Canadian Housing Market by Jessi Sandhu
In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly ... More
Annual pace of housing starts up in September, hitting highest level since Nov. 2021
10/18/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021.
... More
Canadian home sales soften again from August to September
10/14/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022.
... More
TD expects steeper home price drop in early 2023 than initial forecast
10/11/2022 | Posted in Canadian Housing Market by Jessi Sandhu
TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year.
... More
Housing market correcting, not crashing: RBC economist
10/7/2022 | Posted in Canadian Housing Market by Jessi Sandhu
While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, ... More
Renting is growing twice as fast as home ownership, census reveals
9/22/2022 | Posted in Canadian Housing Market by Jessi Sandhu
10 million households own their home, while 5 million rent. But the gap is narrowing.
... More
Teranet-National Bank House Price Index: Record price drop in August
9/20/2022 | Posted in Canadian Housing Market by Jessi Sandhu
In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its ... More
Which Canadian cities are seeing home prices fall the fastest?
9/19/2022 | Posted in Canadian Housing Market by Jessi Sandhu
"It's abundantly clear where the worst spots are," says BMO economist
... More
Canadian home sales post small decline from July to August
9/15/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022.
... MoreAt Your Service
Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and we'll get back to you promptly.