home prices Archives - Mortgage Rates & Mortgage Broker News in Canada

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.

June home sales up 3.7% as market responds to BoC rate cut and possibly capital gains changes

July 12, 2024 No Comments

Home sales activity in June 2024 showed signs of renewed life following the Bank of Canada’s interest rate cut at the beginning of the month.

Montreal home sales rise in June as prices continue to climb: real estate board

July 4, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 6.4% in June compared with the same month last year.

Greater Toronto home sales down 16% in June despite Bank of Canada’s rate cut: board

July 4, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in June declined 16.4% from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

Vancouver home sales fall 19% in June as inventory continues to build: board

July 3, 2024 No Comments

Greater Vancouver’s real estate board says the number of homes sold in June tumbled 19.1% from the previous year as inventory continued accumulating to levels not seen since the spring of 2019.

Home sales slid in May as buyers awaited confirmation of a Bank of Canada rate cut

June 17, 2024 1 Comment

Home sales slipped in May and listings continued to build as prospective homebuyers largely remained on the sidelines.

Bank of Canada’s rate cut could spur housing demand as Toronto home sales fall in May

June 5, 2024 No Comments

Real estate market analysts say the Bank of Canada’s much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.

Teranet-National Bank composite house price index held steady in April

May 17, 2024 No Comments

The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada’s largest cities remained stable from March to April.

Home sales dip in April from prior month as spring listings perk up: CREA

May 15, 2024 No Comments

The Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market.

A real estate sold sign is shown in a Toronto west end neighbourhood May 16, 2020. THE CANADIAN PRESS/Graeme Roy

Montreal home sales up 25% in April as expected rate cuts prompt recovery: board

May 8, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.

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