Second quarter affordability gain too small to relieve tensions
September 28, 2023
The burden of home ownership costs got slightly lighter in the second quarter in Canada: RBC’s aggregate affordability measure for...
Housing market stagnation setting in
September 15, 2023
Higher interest rates continue to cool down Canada’s housing market following a surprising solid rebound this spring.
Housing market tensions continuing to ease across most of Canada
September 7, 2023
Canada’s housing markets for the most part are seeing more balanced conditions as the fall season is about to get underway.
Hot summer, cooler housing market in Canada
August 15, 2023
The Bank of Canada’s latest back-to-back hikes have put a damper on the housing market’s rebound this summer.
Pace of Canada’s housing market rebound moderates
July 14, 2023
The surge in spring real estate sales is cooling off. Canadian home resales rose just 1.5% in June.
Housing market momentum diverges across Canada
July 7, 2023
The initial reaction to the Bank of Canada’s June rate hike—and the prospect for a follow-up in July—has been mixed across local housing markets.
Canada’s housing market recovery gains more traction
June 15, 2023
Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May.
Influx of sellers speeds up Canada’s housing market recovery
June 6, 2023
Sellers are beginning to warm up to recovering housing markets. Early reports show a rise in new listings in May.