real estate canada

Spring housing market surge unlikely as affordability, cost of living weigh on buyers

April 8, 2024 No Comments

economists say a rebound awaits the national housing market — but don’t expect a big surge just yet.

Royal Lepage recreational property report 2024

Canadian recreational home prices expected to climb 5% this year amid supply squeeze

March 26, 2024 No Comments

Median home prices in the country’s recreational housing markets are forecast to rise 5% in 2024 as demand grows for scarce listings.

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago. A West-end Toronto home for sale is shown in this July 15, 2023 file photo. THE CANADIAN PRESS/Graeme Roy The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago. A West-end Toronto home for sale is shown in this July 15, 2023 file photo. THE CANADIAN PRESS/Graeme Roy

National home sales in February up nearly 20% compared with year ago

March 18, 2024 No Comments

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago in what could mark the “last relatively uneventful month of the year.”

Farm Credit Canada says the value of Canadian farmland rose 11.5 per cent in 2023. Cattle graze at sunset near Cochrane, Alta., Thursday, June 8, 2023.THE CANADIAN PRESS/Jeff McIntosh Farm Credit Canada says the value of Canadian farmland rose 11.5 per cent in 2023. Cattle graze at sunset near Cochrane, Alta., Thursday, June 8, 2023.THE CANADIAN PRESS/Jeff McIntosh

Value of Canadian farmland rises 11.5% in 2023: report

March 12, 2024 No Comments

The value of Canadian farmland rose 11.5% in 2023, a new report by agriculture lending firm Farm Credit Canada has found.

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.

Canada’s housing market to stabilize, but don’t expect return to “rollicking” price gains, BMO says

January 29, 2024 No Comments

While stability is expected to return to the country’s housing market this year as interest rates ease, homeowners shouldn’t expect a return to the “rollicking” price gains of previous years.

Canadian seniors are selling their homes later in life. What will this mean for the housing market?

January 4, 2024 No Comments

A recent report has found Canadian seniors are choosing to age in their homes for longer, with many not selling their home until their 80s and 90s.

Weak demand casts chill over Canada’s recreational property market outlook

January 2, 2024 No Comments

Prices for cottages and other recreational properties are expected to remain fairly tepid this year as high borrowing costs and lower buyer demand continue to slow Canada’s real estate markets.

Home prices could be in “another leg down,” as housing weakness spreads

November 15, 2023 No Comments

Weakness in Canada’s housing markets is now spreading beyond the major markets of Vancouver and Toronto, the latest data reveal.

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.