
home price report


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

Home prices could be in “another leg down,” as housing weakness spreads
Weakness in Canada’s housing markets is now spreading beyond the major markets of Vancouver and Toronto, the latest data reveal.

Long-term view shows Toronto and Vancouver home prices remain elevated despite recent declines
Despite detached home prices in Toronto and Vancouver posting year-over-year declines in the first half of the year, a longer-term view shows prices are still elevated, and in many cases higher compared to two or three years ago.

The latest in mortgage news: record population growth to keep upward pressure on home prices
Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report

Home prices fall for sixth straight month, but “very little” forced selling so far
Home prices continued to fall in August, marking the sixth consecutive month of declines, according to the Canadian Real Estate Association (CREA).