real estate market Archives - Mortgage Rates & Mortgage Broker News in Canada

Hudson’s Bay sees interest in 65 of its leases: court documents

April 25, 2025 No Comments

A process to find takers for leases held by Hudson’s Bay has generated plenty of interest.

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.

Greater Toronto home sales drop in March amid trade concerns: TRREB

April 3, 2025 No Comments

Home sales in the Greater Toronto Area fell 23.1% in March while more supply hit the market, helping bring down prices compared with a year ago.

Vancouver real estate market shifting as more sellers enter market, January sales up

February 4, 2025 No Comments

The number of homes that changed hands in the Vancouver area rose again last month, but the city’s real estate board says new listings outpaced demand as sellers showed they’re eager to enter the market.

Snowbirds are scrambling to sell their homes in Florida

‘People are panicking’: Snowbirds rush to sell Florida homes as loonie tanks

January 28, 2025 No Comments

Cesidia Cedrone has been soaking up the rays at her Florida condo every winter since 2011.

Barriers to homeownership in Canada are “vast,” Butler tells Finance Committee

October 22, 2024 2 Comments

The dream of homeownership is slipping out of reach for many Canadians, particularly young people and those without significant family assistance, according to mortgage expert Ron Butler.

Prospective homebuyers waiting for sub-3.00% rates

Mortgage Digest: Prospective homebuyers waiting for sub-3% BoC rate before acting, survey shows

October 22, 2024 No Comments

A bi-weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

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.

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.

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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