August 15, 2022
Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date.
July 15, 2022
Earlier (super) tight demand-supply conditions are easing rapidly.
June 15, 2022
Rapidly rising interest rates are having a definite chilling effect on housing market activity across Canada.
May 16, 2022
The Bank of Canada’s interest rate liftoff was quick to rein in supercharged housing activity and weigh on home prices....
April 19, 2022
Home resales and new listings both fell by similar extents in March—down 5.4% m/m and 5.5%, respectively, nationwide—keeping inventories scarce.
March 16, 2022
Even more sellers will need to list their properties to rebalance Canada’s housing market.
January 17, 2022
Market activity started 2021 with a bang and stayed incredibly strong all year. Canada’s housing market enters 2022 in broadly the same way than it did in 2021: under the scorching heat of supercharged demand running against historically low inventories.
December 15, 2021
Home resales picked up 0.6% m/m to 651,000 units (seasonally adjusted and annualized) in November nation-wide.
November 15, 2021
Successful buyers had to dig deeper into their purchasing budget to beat the competition. - RBC Economics
October 15, 2021
Canada's housing market has calmed down considerably this summer, taking some of the heat off property values across many parts of the country.
September 15, 2021
The Canadian housing market has calmed down considerably this summer, taking some of the heat off property values across many parts of the country.
August 16, 2021
Home resales continued to transition toward more normal levels in July, after reaching extreme—and clearly unsustainable—levels earlier this year.