
real estate


Strong finish for Ottawa’s real estate market in 2024
Ottawa’s real estate market wrapped up 2024 with a solid uptick in activity, as December home sales rose 7.9% year-over-year.

Average rents across Canada fall to lowest level in over a year
The average asking rent across Canada fell to $2,109 in December, marking its lowest point in 17 months, according to the latest data from Rentals.ca and Urbanation.

Greater Toronto home sales dip in December to cap ‘transitionary’ 2024: board
Greater Toronto home sales fell slightly last month to cap a year that saw buyers take advantage of “substantial negotiating power” on price.

Calgary home sales down in December but still above long-term trends: board
Calgary home sales declined in December from the previous year’s levels but remained nearly 20% higher than long-term trends.

Home affordability improves, but still challenging for many Canadians: RBC report
Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain.

Vancouver home sales surged 28% in November
The rise in sales marks the second month of positive growth after five consecutive months of annual contraction.

Housing supply on the rise, but market still favours sellers in Calgary
Calgary’s housing market showed more balanced conditions in November, with a typical seasonal slowdown in activity.

Greater Toronto home sales jump in October after Bank of Canada rate cuts: board
The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates.

Metro Vancouver home sales jump 32% in October amid lower mortgage rates
Higher inventory provides more options for buyers as demand picks up, fuelled by recent Bank of Canada rate cuts.