Canadian Real Estate

Home prices continue to fall under the weight of high interest rates, but affordability not improving

December 14, 2023 No Comments

Both home prices and sales continued to trend downward in November as high interest rates continue to keep many prospective buyers on the sidelines.

Homes sales and prices up again in March. Is it the start of a trend?

April 16, 2023 No Comments

Both existing home sales and average prices were up on a monthly basis in March, while housing inventory got even tighter.

January home sales at lowest level since 2009: CREA

February 16, 2023 No Comments

According to the latest data from the Canadian Real Estate Association, national home sales declined 3% month-over-month in January, their lowest level since 2009.

Photo: Renaud Philippe/Bloomberg via Getty Images

Bank of Canada unclear how higher interest rates may impact Canada’s housing market

February 9, 2023 2 Comments

The Bank of Canada’s leadership appears to be torn over whether Canada’s housing market will brush off be further impacted by the higher interest rates.

What can we expect from the housing market in 2023?

January 18, 2023 No Comments

Housing activity picked up across the country in December after plummeting for much of 2022 due to climbing interest rates.

Canadian house price forecasts turn gloomy

New Forecasts Suggest Home Price Declines Are Likely

March 24, 2022 12 Comments

A growing number of economic forecasts see Canadian house prices falling in the near term, with some suggesting declines of 20% to 30% or more.

Nearly 20% of Pandemic Homebuyers are Investors

February 1, 2022 No Comments

Do you know someone who bought a home during the pandemic? It turns out there’s a 19% chance that they already own several properties.

Record Home Price Growth Continued in December

January 17, 2022 No Comments

The Canadian Real Estate Association’s House Price Index was up 26% year-over-year as of December, the fastest pace on record.

Sold over asking real estate sign and home prices

2021 Ends With Record High Home Prices as Inventories Reach New Lows

January 7, 2022 No Comments

The number of properties for sale continued to reach new lows in December across Canada’s largest housing markets, causing home prices to remain at or near their all-time highs.

Home prices reached a record high in November

Home Prices Rose to a Record High in November

December 15, 2021 No Comments

The average price of a home in Canada reached a new all-time high in November as inventory levels remain near record lows.