real estate report
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.
Canadian housing market continues to surge as resale prices rise for fourth straight month
Average resale home prices continued to climb in May, marking the fourth consecutive monthly increase, the Canadian Real Estate Association reported today.
National average home price rises $50k in February
On a non-seasonally adjusted basis, home prices registered their first monthly rise in six months, jumping over $50,000 to $635,000.
Home prices fall for the fourth straight month
Average home prices in Canada fell for the fourth consecutive month in June, while home sales were down in three-quarters of all markets. The average
More Canadians Putting Home-buying Plans on Hold
Rising interest rates and an uncertain economic outlook are causing many would-be homebuyers to postpone their plans to purchase a house.
Nearly 20% of Pandemic Homebuyers are Investors
Do you know someone who bought a home during the pandemic? It turns out there’s a 19% chance that they already own several properties.
Record Home Price Growth Continued in December
The Canadian Real Estate Association’s House Price Index was up 26% year-over-year as of December, the fastest pace on record.
House Price Growth Has “Hit a Ceiling,” Says Moody’s
Canada’s housing market is showing signs of “returning to earth,” with slower price growth expected for much of 2022.
Housing Market Risks are Easing: RBC
After reaching overheated territory earlier this year, risks to the country’s housing market are now easing as prices and activity moderate. That’s the assessment from