Rate cuts offered stability, but economic risks and high mortgage rates keep recovery uncertain. ... More

The average income needed to buy a home keeps inching down in cities across Canada, according to the latest data. ... More

Conditions on the resale market tightened further in October, with a seller’s market that is synonymous with upward price support. ... More

Home sales activity recorded over Canadian MLS® Systems increased 7.7% on a month-over-month basis in October 2024, reaching its highest level since April 2022. ... More

Following the Bank of Canada's third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern of ... More

Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed 22 per cent compared with July. ... More

While the Bank of Canada may be lowering interest rates, the move is not having an immediate effect on Canada‘s housing market, an economist at one of Canada’s biggest ... More

A home building industry association says new home sales in July were at an all-time low, and is calling on urgent action from the government. ... More

While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took a ... More

Activity in Canada's housing market saw some early signs of renewed life in June 2024, following the Bank of Canada's interest rate cut at the beginning of the month. ... More

While May was another relatively uneventful month for many Canadian housing markets with national month-over-month home sales edging slightly lower and new listings moving only a ... More

Interest rates for builders and buyers playing into slowdown, putting dozens of housing projects on pause. ... More

The Teranet-National Bank composite house price index which tracks home prices in 11 of Canada's largest cities remained stable from March to April. ... More

Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market. ... More

Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February. ... More

While there are expectations the Canadian housing market will pick up on some level this year, home sales and prices were mostly unchanged on a month-over-month basis in March ... More

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. ... More

Canadian homebuilders are expected to dial back new construction for a third straight year in 2024 as elevated borrowing costs reduce the appeal of starting projects, Canada's ... More

Canada Mortgage and Housing Corporation (CMHC) has reported an increase in the pace of home construction across the country. ... More

Canadian home prices as measured by the seasonally adjusted Aggregate Composite MLS® Home Price Index (HPI) were flat on a month-over-month basis in February 2024, ending a ... More

The purchasing power of buyers with a $1 million budget searching for a home in Canada will widely vary depending on the city they are shopping in with those in Toronto getting ... More

Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ... More

Stability is expected to return to the country’s housing market this year as interest rates ease, but homeowners shouldn’t expect a return to the ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up noticeably on a month-over-month basis in December 2023. ... More

Royal LePage expects sidelined buyers to re-engage this quarter ahead of expected rate cuts by the Bank of Canada, ... More

The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023. ... More

Home prices across Canada are expected to climb next year with expected Bank of Canada rate cuts poised to reinvigorate the housing market, according to a new report. ... More

Some home sellers are struggling to find buyers amid high mortgage costs, according to an economist who says Canada’s housing market is in the midst of “a very healthy ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined on a month-over-month basis in October 2023. ... More

Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC. ... More