3/30/2023 | Posted in Canadian Housing Market by Kelly Healy
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Higher interest rates are likely to continue offsetting the effect of lower home prices ... More
3/23/2023 | Posted in Canadian Housing Market by Kelly Healy
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How could the news impact the national housing market? ... More
3/16/2023 | Posted in Canadian Housing Market by Kelly Healy
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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 postponed ... More
3/15/2023 | Posted in Canadian Housing Market by Kelly Healy
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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
2/15/2023 | Posted in Canadian Housing Market by Kelly Healy
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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
2/7/2023 | Posted in Canadian Housing Market by Kelly Healy
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Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada. ... More
1/16/2023 | Posted in Canadian Housing Market by Kelly Healy
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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 Kelly Healy
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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, the ... More
1/13/2023 | Posted in Canadian Housing Market by Kelly Healy
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National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019 ... More
12/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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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
12/13/2022 | Posted in Canadian Housing Market by Kelly Healy
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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
11/16/2022 | Posted in Canadian Housing Market by Kelly Healy
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Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead. ... More
11/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022. ... More
10/20/2022 | Posted in Canadian Housing Market by Kelly Healy
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In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More
10/18/2022 | Posted in Canadian Housing Market by Kelly Healy
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021. ... More
10/14/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022. ... More
10/11/2022 | Posted in Canadian Housing Market by Kelly Healy
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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
10/7/2022 | Posted in Canadian Housing Market by Kelly Healy
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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, according ... More
9/22/2022 | Posted in Canadian Housing Market by Kelly Healy
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10 million households own their home, while 5 million rent. But the gap is narrowing. ... More
9/20/2022 | Posted in Canadian Housing Market by Kelly Healy
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More
9/19/2022 | Posted in Canadian Housing Market by Kelly Healy
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"It's abundantly clear where the worst spots are," says BMO economist ... More
9/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More
8/25/2022 | Posted in Canadian Housing Market by Kelly Healy
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More
8/19/2022 | Posted in Canadian Housing Market by Kelly Healy
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More
8/16/2022 | Posted in Canadian Housing Market by Kelly Healy
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More
8/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More
7/18/2022 | Posted in Canadian Housing Market by Kelly Healy
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The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month ... More
7/15/2022 | Posted in Canadian Housing Market by Kelly Healy
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More
6/16/2022 | Posted in Canadian Housing Market by Kelly Healy
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More
6/16/2022 | Posted in Canadian Housing Market by Kelly Healy
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More
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