CREB

Canada’s largest cities saw home sales surge in January

February 7, 2024 No Comments

The year started with a jump in home sales in Canada’s largest urban centres, with gains exceeding 30% in Toronto, Vancouver and Calgary.

Housing market sees late-year rebound despite 2023 being least active in over two decades

January 8, 2024 No Comments

Home sales surged in most of Canada’s large metro areas in December, despite total 2023 sales being well down from 2022.

Home-prices-and-home-sales-in-Canada-October-202

Interest rates continue to take a toll on housing as sales and prices continue to soften

November 8, 2023 No Comments

Higher interest rates are continuing to exert downward pressure on both home sales and prices, according to real estate boards in the country’s largest markets.

Home listings surge and buyer demand cools in Canada’s largest markets

October 10, 2023 No Comments

Real estate listings in the country’s largest metro areas continued to grow in September while buyer demand is trending downward.

Recent rate hikes continue to slow housing activity in Canada’s largest cities

September 11, 2023 No Comments

Housing markets in the country’s largest markets continued to moderate in August, following the Bank of Canada’s recent interest rate hikes over the summer.

Real estate markets defy rate hikes: annual growth in activity persists, but there are signs of a cooling ahead

August 7, 2023 No Comments

Real estate markets in the country’s largest metro areas remained relatively strong in July despite the Bank of Canada’s most recent rate hikes.

BoC rate hike put a chill on Canadian housing in June

July 6, 2023 1 Comment

While home sales remain higher on an annual basis in most of Canada’s major housing markets, activity—and prices— have largely cooled down compared to May.

March home sales in Canada's metro areas

Housing markets remained tight in March ahead of the busy spring homebuying season

April 11, 2023 No Comments

Home prices in the country’s large metro areas seem to be finding some support following a rise in sales in March and still tight inventory ahead of the traditionally busier spring homebuying season.

Home sales down, but new listings are surging across Canada

February 3, 2023 2 Comments

Higher borrowing costs are continuing to weigh on housing demand in many of the country’s largest cities. But the latest data also shows a surge in new listings in January.

November data show housing markets are still in “correction mode”

December 6, 2022 No Comments

The housing slowdown continued in November with home sales down over 50% year-over-year in some of the country’s biggest cities.