Skip to main content
Monthly Housing Market Update

Canada’s housing market still in a wait-and-see mode

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.

Housing market activity static again after June bump

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.

Rate cut gives small boost to Canada’s housing market

July 12, 2024

The first Bank of Canada interest rate cut in four years brought some energy to Canada’s housing market in June.

Homebuyers play the waiting game

June 17, 2024

The spring-long stalemate between buyers and sellers stretched into May. Home resales and prices were little changed nationwide, edging lower...

Influx of new listings help ease supply-demand pressure

May 15, 2024

We saw a healthy number of new listings come to market this April—but even so, buyers remained on the sidelines...

Mixed start to the spring housing market

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.

Bumpy recovery for Canada’s housing market

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

End of the correction? Canada’s housing market is warming up

February 14, 2024

Home resales in Canada increased for the second month in a row in January, rising 3.7% from December. Resales are back up to where they were last summer including the December advance.

Canada’s housing market ended 2023 on a stronger note

January 15, 2024

Well, 2023 had one last surprise up its sleeve: home resale transactions in Canada bucked the softening trend and rebounded...

Canada’s housing market downturn is spreading

December 14, 2023

Canada’s housing market downturn spread further in November. Most markets are now in correction mode with high interest rates, the...

Ontario leads Canada’s housing market cooldown

November 15, 2023

Higher interest rates are increasingly cooling housing markets across the country. But there’s no region feeling it more than Ontario at this stage.

Home prices edge lower in Canada

October 13, 2023

The fall season is shaping up to be a relatively quiet period for Canada’s housing market.