November 7, 2024
Interest rate cuts are finally boosting housing market activity in a visible way across Canada. Early results for October from local real estate boards almost...
October 15, 2024
Lower interest rates got the wheels turning a little faster in September for homebuyers.
October 8, 2024
Mortgage payments, property taxes and utilities fell as a share of median household income in Canada to 59.5% from 61% in Q1.
October 7, 2024
The influx is continuing to build inventory—which is still hovering near the equivalent of four months of supply.
September 16, 2024
Interest rates may be coming down, but most Canadian homebuyers remain unconvinced that now is the right time to make a purchase.
September 6, 2024
Early reports on August home sales showed only small increases in most markets including Vancouver, Calgary, Edmonton, Toronto and Montreal.
August 15, 2024
Resales pulled back modestly—dipping 0.7% between June and July at the national level—partially offsetting a 3.5% advance in June.
August 8, 2024
After a small uptick between May and June, home resales fell again in some markets including Vancouver, Calgary and Toronto.
July 12, 2024
The first Bank of Canada interest rate cut in four years brought some energy to Canada’s housing market in June.
July 8, 2024
Transactions increased across the board with more buyers coming to the housing market. But buying was far from enough to absorb the new inventory that’s been accumulating for months.
July 4, 2024
Slight drops in interest rates and home prices lowered the costs of owning a home in Canada in the first quarter
June 17, 2024
The spring-long stalemate between buyers and sellers stretched into May. Home resales and prices were little changed nationwide, edging lower...