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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Bank of Canada rate cuts save housing market from collapse, says economist
11/25/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Rate cuts offered stability, but economic risks and high mortgage rates keep recovery uncertain. ...
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Canadian Home Sales Edge Up Again Following Third Interest Rate Cut
10/15/2024 | Posted in Canadian Housing Market by Jessi Sandhu
Following the Bank of Canada's third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern of ...
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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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Bank of Canada sees less risk of housing market overheating as demand softens
8/7/2024 | Posted in Canadian Economy and Housing Market by Jessi Sandhu
The Bank of Canada sees less risk of housing market overheating due to affordability issues. ...
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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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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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Market participants still expect the first Bank of Canada rate cut in April
2/5/2024 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by April. ...
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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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'A buyers' market with no buyers': CIBC economist on housing market
12/13/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Some home sellers are struggling to find buyers amid high mortgage costs, according to an economist who says Canada’s housing market is in the midst of “a very healthy ...
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Home prices will return to pandemic peak by end of 2024: report
12/14/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Home prices across Canada are expected to climb next year with expected Bank of Canada rate cuts poised to reinvigorate the housing market, according to a new report. ...
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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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Bank of Canada likely to begin cutting rates in mid-2024: CIBC's Tal
10/18/2023 | Posted in Canadian Economy and Interest Rates by Jessi Sandhu
The overnight rate could settle around 3%, according to leading economist ...
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Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC
10/17/2023 | Posted in Canadian Housing Market by Jessi Sandhu
Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC. ...
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Single-detached housing starts down 25% from last year: CMHC
10/5/2023 | Posted in New Developments by Jessi Sandhu
The number of new single-detached houses under construction in the first half of 2023 was down 25% compared to last year. ...
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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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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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