real esate Archives - Mortgage Rates & Mortgage Broker News in Canada

Tariff uncertainty foils ‘slam dunk rebound year’ for national home sales: CREA

April 15, 2025 No Comments

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3% compared with a year ago.

Vancouver home sales hit lowest March levels since 2019 despite supply influx: board

April 2, 2025 No Comments

Despite housing supply in the Vancouver area continuing to rise, the number of homes that changed hands in the region last month fell to the lowest levels for March since 2019.

Christian Lepine, Archbishop of Montreal

Montreal archdiocese launches real estate arm aimed at maximizing social impact

March 28, 2025 No Comments

As Montreal grapples with growing homelessness, the Catholic archdiocese in the city is forming a new real estate arm that it says will help ensure any redevelopment of church properties addresses “pressing community needs.”

Greater Toronto home sales down as mortgage costs, trade war weigh on buyers: board

March 5, 2025 No Comments

Home sales in the Greater Toronto Area fell by more than one-quarter in February compared with a year ago despite buyers maintaining “substantial” negotiating power.

Toronto home sales expected to rise 12% this year, but board says January saw drop

February 5, 2025 No Comments

The Toronto Regional Real Estate Board says it is forecasting a 12.4% increase in home sales for 2025, with 76,000 properties changing hands throughout the region as lower borrowing costs lead to improved affordability.

Fewer young Canadians own homes but majority planning to buy within five years: poll

October 29, 2024 No Comments

A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.

Vancouver home sales down 3.8% in Sept. as lower rates fail to entice buyers: board

October 2, 2024 No Comments

Vancouver-area home sales dropped 3.8% in September compared with the same month last year, while listings grew to put modest pressure on pricing, said Greater

Canadian rent growth hits two-year low with 5.9% annual rise in July

August 7, 2024 No Comments

Average rents across Canada were up an annualized 5.9% in July, marking the slowest pace of growth in nearly two and a half years.

A record number of Ontarians are leaving the province. Where are they all going?

October 2, 2022 1 Comment

Nearly 108,000 Ontarians left the province in 2021, a number not seen since the early 1980s. The outflow continued in Q2 when an additional 49,000 residents packed their bags and relocated to another province.

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