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...
June 7, 2024
Buyers remained in a wait-and-see mode in May with an interest cut looming around the corner.
May 15, 2024
We saw a healthy number of new listings come to market this April—but even so, buyers remained on the sidelines...
May 7, 2024
Sellers are making their way back into the housing market—not everywhere but in some of Canada’s largest cities. Statistical reports...
April 12, 2024
March brought a mixed bag of activity to Canada’s housing market. Resales continued to linger around February levels at the national level—still softer than activity that took place pre-pandemic.
April 8, 2024
Too many Canadians are struggling to find a home they can afford—making housing the defining issue of this country’s politics and economics.
April 2, 2024
High interest rates propelled ownership costs to new summit in the fourth quarter of 2023: A household earning a median income needed to spend a staggering 63.5% of it to cover the costs of owning an average home at market price.
March 18, 2024
February offered valuable clues on the direction Canada’s housing market is taking. Improving sentiment among buyers and sellers—no doubt stoked by growing expectations
March 8, 2024
Anyone expecting smooth sailing ahead for the housing market got a reality check in February. Month-to-month drops in home resales in several of Canada’s major markets were a reminder that very challenging affordability conditions