6/17/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

Canadian Housing Activity Sees Another Quiet Month in May

  5/22/2024 | Posted in Canadian Housing Market by Eileen Farrow
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Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause.

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Ontario's pace of new home construction slows to 2018 levels

  5/21/2024 | Posted in Canadian Housing Market by Eileen Farrow
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The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada's largest cities remained stable from March to April.

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Teranet-National Bank composite house price index held steady in April

  5/15/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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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Home Buyers Remain Cautious Amid Increasing Spring Listings

  4/16/2024 | Posted in Canadian Housing Market by Eileen Farrow
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.

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Housing starts down seven per cent in March from February: CMHC

  4/12/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

Hints of Active Spring Market in March Housing Data

  4/5/2024 | Posted in Canadian Housing Market by Eileen Farrow
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The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026.

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Home prices could hit peak levels by next year, set new highs in 2026: CMHC report

  4/4/2024 | Posted in Canadian Housing Market by Eileen Farrow
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Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, ... More

Canada homebuilding down for third year, housing agency predicts

  3/18/2024 | Posted in Canadian Housing Market by Eileen Farrow
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Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country.

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Housing starts increase in February

  3/18/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

Canadian Home Prices See Sudden End to Declines in Advance of Spring Market

  2/22/2024 | Posted in Canadian Housing Market by Eileen Farrow
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The purchasing power of buyers with a $1 million budget searching for a home in Canada will widely vary depending on the city they are shopping in with those in Toronto getting ... More

How much does $1 million buy you in Canada's housing market?

  2/14/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

Canadian Home Sales Showing Signs of Recovery

  1/29/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

Canada's housing market to stabilize, but don't expect return to

  1/15/2024 | Posted in Canadian Housing Market by Eileen Farrow
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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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Canadian Home Sales See Unexpected Surge to Close Out 2023

  1/15/2024 | Posted in Canadian Housing Market by Eileen Farrow
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Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada,

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National home prices close out 2023 above prior year, despite continued slowdown in market activity

  12/15/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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 Sellers Joining Buyers on the Sidelines

  12/14/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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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Home prices will return to pandemic peak by end of 2024: report

  12/13/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

'A buyers' market with no buyers': CIBC economist on housing market

  11/15/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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 See Downward Trend Continue in October

  10/17/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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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Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC

  10/13/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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 September 2023.

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Canadian Home Sales Ease Again in September

  10/6/2023 | Posted in Canadian Housing Market by Eileen Farrow
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A recent report from the Canadian Centre for Policy Alternative(opens in a new tab) shows that new housing construction is at a lower level today than it was at the worst point ... More

Canada witnesses decline in home construction rates, falling below pandemic-era numbers: report

  9/15/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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 August 2023.

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Canadian Home Sales Fall Back in August

  8/28/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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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No end in sight to housing affordability crisis, says BMO's Guatieri

  8/28/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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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What's next for home prices in Canada?

  8/15/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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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Canadian Home Sales See Little Change From June to July

  7/21/2023 | Posted in Canadian Housing Market by Eileen Farrow
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Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report.

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The latest in mortgage news: record population growth to keep upward pressure on home prices

  7/14/2023 | Posted in Canadian Housing Market by Eileen Farrow
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023.

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Canadian Home Sales Showing Signs of Stabilization in June

  7/14/2023 | Posted in Canadian Housing Market by Eileen Farrow
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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 ... More

CREA Downgrades Resale Housing Market Forecast

  6/20/2023 | Posted in Canadian Housing Market by Eileen Farrow
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Home prices rose between April and May across Canada’s big cities, according to Teranet-National Bank™ Composite House Price Index

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Canada home prices rose in May
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