2/14/2024 | Posted in Canadian Housing Market by Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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

Canadian Home Sales Ease Again in September

  10/6/2023 | Posted in Canadian Housing Market by Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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 Paul Solomons
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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

  6/16/2023 | Posted in Canadian Housing Market by Paul Solomons
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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

Canada's housing market recovery gains more traction

  6/15/2023 | Posted in Canadian Housing Market by Paul Solomons
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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.

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Canadian home sales continue to pick up steam in May

  6/3/2023 | Posted in Canadian Housing Market by Paul Solomons
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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

Housing affordability in Canada just saw the biggest improvement in almost 4 years

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

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Appetite for investment property remains strong, says Royal LePage

  4/26/2020 | Posted in Canadian Housing Market by Paul Solomons
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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.

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Home prices have some support despite sales slowdown

  4/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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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 ... More

Home prices could fall 5% amid pandemic

  4/16/2020 | Posted in Canadian Housing Market by Paul Solomons
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The outlook on the Canadian housing market: RBC

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Pandemic Throws Housing Market off Course

  4/15/2020 | Posted in Canadian Housing Market by Paul Solomons
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020.

... More

Canadian home sales and listings down in March

  4/8/2020 | Posted in Canadian Housing Market by Paul Solomons
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC).

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Canadian housing starts declined in March

  4/2/2020 | Posted in Canadian Housing Market by Paul Solomons
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home.

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Canadian Home Sales Brace for 30% Drop on Virus

  3/21/2020 | Posted in Canadian Housing Market by Paul Solomons
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More

Canada set for muted spring home-selling season as coronavirus saps sentiment
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