2/15/2023 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in January 2023. ... More
1/16/2023 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022. ... More
12/15/2022 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022. ... More
11/1/2022 | Posted in Canada Living by Jason Codell
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The federal government is planning a massive increase in the number of immigrants entering Canada, which will have a huge effect on the real estate market. ... More
10/20/2022 | Posted in Canadian Housing Market by Jason Codell
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In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly contraction. ... More
10/14/2022 | Posted in Canadian Housing Market Predictions by Jason Codell
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Canada Mortgage and Housing Corp. is predicting housing prices will continue to drop in 2023, but is warning the fall will do little for affordability. ... More
10/11/2022 | Posted in Canadian Housing Market by Jason Codell
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TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year. ... More
9/20/2022 | Posted in Canadian Housing Market by Jason Codell
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More
9/15/2022 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More
8/25/2022 | Posted in Canadian Housing Market by Jason Codell
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More
7/18/2022 | Posted in Mortgages and Real Estate by Jason Codell
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A BMO Capital Markets senior economist says the Bank of Canada's recent move to increase its key interest rate is setting up the housing market for an even deeper correction ... More
7/15/2022 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More
6/16/2022 | Posted in Canadian Housing Market by Jason Codell
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More
6/15/2022 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More
5/25/2022 | Posted in Canadian Housing Market by Jason Codell
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More
5/19/2022 | Posted in Canadian Housing Market by Jason Codell
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More
5/17/2022 | Posted in Canadian Housing Market by Jason Codell
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More
5/2/2020 | Posted in Canadian Economy and Housing Market by Jason Codell
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A sharp rise in joblessness, combined with the bust-out of the short-term rental market, will send Canadian house prices down in the short term, some market experts are saying. ... More
4/26/2020 | Posted in Canadian Housing Market by Jason Codell
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More
4/16/2020 | Posted in Canadian Housing Market by Jason Codell
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The outlook on the Canadian housing market: RBC ... More
4/15/2020 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ... More
4/14/2020 | Posted in Canadian Housing Market Predictions by Jason Codell
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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable through ... More
4/8/2020 | Posted in Canadian Housing Market by Jason Codell
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
4/2/2020 | Posted in Canadian Housing Market by Jason Codell
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More
3/21/2020 | Posted in Canadian Housing Market by Jason Codell
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
3/17/2020 | Posted in Canadian Housing Market by Jason Codell
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More
3/16/2020 | Posted in Canadian Housing Market by Jason Codell
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More
3/9/2020 | Posted in Canadian Housing Market by Jason Codell
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
3/5/2020 | Posted in Mortgages and Real Estate by Jason Codell
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Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that. ... More
3/4/2020 | Posted in Canadian Housing Market by Jason Codell
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Lower mortgage rates likely to offset any major drag from a global outbreak ... More
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