REBGV Archives - Mortgage Rates & Mortgage Broker News in Canada

Canada’s largest cities saw home sales surge in January

February 7, 2024 No Comments

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

January 8, 2024 No Comments

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

December 7, 2023 1 Comment

The slowdown in housing activity across the country continued in November, but so far there aren’t signs of widespread distressed selling, figures show.

Home listings surge and buyer demand cools in Canada’s largest markets

October 10, 2023 No Comments

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

September 11, 2023 No Comments

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

August 7, 2023 No Comments

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.

BoC rate hike put a chill on Canadian housing in June

July 6, 2023 1 Comment

While home sales remain higher on an annual basis in most of Canada’s major housing markets, activity—and prices— have largely cooled down compared to May.

Home prices rising in Canada's biggest cities

May statistics show Canada’s housing rebound may have started early

June 6, 2023 No Comments

Housing markets in the country’s largest metro areas continued to gather steam in May, pointing to a housing rebound that wasn’t expected by the Bank of Canada until later this year.

March home sales in Canada's metro areas

Housing markets remained tight in March ahead of the busy spring homebuying season

April 11, 2023 No Comments

Home prices in the country’s large metro areas seem to be finding some support following a rise in sales in March and still tight inventory ahead of the traditionally busier spring homebuying season.

The housing bottom is in sight as sales pick up in February: RBC

March 7, 2023 No Comments

Home sales are picking up in the major metro areas across the country, signalling that the housing bottom may be in sight, say some analysts.

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