Canadian home sales slow again in May
6/15/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ...
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Canada home prices - why they're falling
6/8/2022 | Posted in Canadian Housing Market by Jessi Sandhu
House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ...
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RBC: May was a turning point for home sales in multiple markets
6/8/2022 | Posted in Canadian Housing Market by Jessi Sandhu
Central bank's outsized rate increases having a big impact, according to RBC. ...
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Bank of Canada all but certain to raise lending rates this week - with more hikes to come
5/30/2022 | Posted in Mortgage Interest Rates by Jessi Sandhu
Central bank rate expected to hit 1.5% on Wednesday — soon it could be twice that ...
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A Canada housing crash? Don't count on it, says RBC economist
5/25/2022 | Posted in Canadian Housing Market by Jessi Sandhu
"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ...
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Home prices fall for the second straight month to an average of $746,146
5/17/2022 | Posted in Canadian Housing Market by Jessi Sandhu
The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ...
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National home sales drop over 12% in April as higher rates kick in
5/17/2022 | Posted in Canadian Housing Market by Jessi Sandhu
After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ...
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Forced selling may be headed for Canada's housing market
5/2/2020 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ...
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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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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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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 low ...
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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 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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Canadian home sales edge higher in November
12/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019. ...
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2019 was a turning point for Canadian housing market says RBC
11/21/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
As the end of 2019 approaches, RBC Economics says the year will go down as “the turning point for Canada’s housing market.” ...
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Canadian home sales hold steady in October
11/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were unchanged from September to October 2019. ...
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RBC: Canada's housing market is fairly robust despite some issues
11/7/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics. ...
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CMHC expects housing market to recover in next 2 years after declines
10/24/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
After sales, new builds declined this year and last, housing agency expects prices to exceed 2017 peak by 2020. ...
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CREA predicts stronger home sales for 2019 and 2020
10/2/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Upward adjustments came amid a more relaxed B-20 stress test ...
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Canadian home sales edge higher in August
9/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up in August 2019. ...
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CMHC reports annual pace of housing starts climbed 1.9 per cent in August
9/10/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The pace of new housing starts in August climbed 1.9 per cent compared with July as the housing market rebounded from its recent slowdown. ...
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Soaring House Prices Could Return As Interest Rates Head To Zero: BMO
8/10/2019 | Posted in Mortgages and Real Estate by Jessi Sandhu
The recent slowdown in Canada’s hottest housing markets is turning a corner and a potential new price boom is threatening to frustrate would-be buyers’ hopes. ...
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Canada house prices to pick up from stand-still but risks aplenty
8/22/2019 | Posted in Canadian Housing Market Predictions by Jessi Sandhu
Canadian house prices will be flat this year, but will pick up in 2020, driven by lower mortgage rates and solid domestic economic conditions, according to economists and property ...
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Canadian home sales gain as lower rates help offset stress test
8/16/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Canadian home sales gain as lower rates help offset stress test ...
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Canada's Housing Market Now Well-Balanced
7/31/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Housing in Canada is in “well-balanced territory” after a government tightening of mortgage-lending rules intended to cool a market that had become overheated, Royal ...
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Canadian home sales hold steady in June
7/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed in June 2019 from the previous month. ...
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Rising home prices in Ontario cities fuel slight increase in Canada overall
7/15/2019 | Posted in Canadian Housing Market by Jessi Sandhu
The price of a Canadian home increased a modest 1.1 per cent in the second quarter of 2019, largely due to price appreciation in Ontario. ...
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