Real Estate

This is where you’ll find the latest reports and coverage on national and regional housing data, along with updates on the rental market. This includes everything from home sales and prices to inventory to levels and larger trends relating to demographics and housing preferences.

Rents rise 2.1% in September, marking fifth straight monthly slowdown: report

October 9, 2024 No Comments

A new report says growth in average asking rents across Canada last month slowed to the lowest rate since October 2021, at 2.1% year-over-year.

Condo inventory growing as sellers anticipate demand rebound: Re/Max report

October 9, 2024 No Comments

Condo inventory is on the rise in most major Canadian markets as more sellers are listing their properties in anticipation of growing demand from buyers, a new report says.

Breaking a mortgage for better rates can pay off – but beware of the costs

October 4, 2024 No Comments

Interest rates are dropping, but many Canadians are still feeling the hangover of the highest lending costs in a generation.

Competition Bureau gets court order for probe into Canadian Real Estate Association

October 3, 2024 1 Comment

The Competition Bureau says it has obtained a court order as part of an investigation into potential anti-competitive conduct by the Canadian Real Estate Association.

Boost in home renos is helping drive up housing values in major markets: report

September 24, 2024 No Comments

A new report says a boost in spending on home renovations during the pandemic has helped contribute to higher prices for single-family homes despite downward market pressure.

National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

September 16, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely “stuck in a holding pattern” despite borrowing costs beginning to come down.

High borrowing costs, record condo completions lead to oversupply in Greater Toronto

September 11, 2024 No Comments

Greater Toronto Area-real estate watchers say the combination of high interest rates and an uptick in new condo units coming online has led to an oversupply that will take time to balance out.

Rent increases in smaller markets outweigh declines in big cities in August: report

September 11, 2024 No Comments

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend, while prices rose in smaller markets.

Labour shortage in construction among obstacles facing Ottawa’s housing plan: report

September 10, 2024 1 Comment

A new report by Desjardins warns Ottawa’s efforts to kickstart new housing supply likely won’t be enough to meet “optimistic” targets due to regulatory hurdles and constraints on labour, materials and financing.

Toronto-area home sales decline in August, but rate cut could spur activity: board

September 5, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.

↑