4/12/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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

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  4/5/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  4/4/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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, Canada's ... More

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

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  3/18/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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

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  2/22/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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

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  2/14/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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

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  1/29/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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

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  1/15/2024 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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

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  12/15/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  12/14/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  12/13/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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 healthy ... More

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  11/15/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  10/17/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  10/13/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  10/6/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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 of ... More

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  9/15/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  8/28/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  8/28/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

Real Estate & Mortgage News

  8/15/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  7/21/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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  7/14/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

Real Estate & Mortgage News

  7/14/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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

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  6/20/2023 | Posted in Canadian Housing Market by Jim Turnbull
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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 ... More

Real Estate & Mortgage News

  6/16/2023 | Posted in Canadian Housing Market by Jim Turnbull
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Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More

Real Estate & Mortgage News

  6/15/2023 | Posted in Canadian Housing Market by Jim Turnbull
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023. ... More

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  6/3/2023 | Posted in Canadian Housing Market by Jim Turnbull
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More

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  5/26/2023 | Posted in Canadian Housing Market by Jim Turnbull
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Higher interest rates have not been an impediment to residential investors, new report says ... More

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  4/26/2020 | Posted in Canadian Housing Market by Jim Turnbull
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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. ... More

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