Ottawa Real Estate Board
Spring housing market stalls as homebuyers remain on the sidelines
Canada’s typically busy spring housing market stalled as homebuyers largely chose to wait on the sidelines for confirmation of the Bank of Canada’s first rate cut.
Home sales up in major metro areas as buyers bet on rate cuts later this year
Sentiment appears to be improving in major real estate markets across the country, with most reporting an increase in sales activity in February.
Canada’s largest cities saw home sales surge in January
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
Home sales surged in most of Canada’s large metro areas in December, despite total 2023 sales being well down from 2022.
Housing market cooldown continued in November, but few signs of widespread selling related to renewal shock
The slowdown in housing activity across the country continued in November, but so far there aren’t signs of widespread distressed selling, figures show.
Interest rates continue to take a toll on housing as sales and prices continue to soften
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
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
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
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.