Canadian Housing

September and October were no flukes. Home prices reaccelerated further in November in Canada’s major markets amid continuing strong demand and scarce inventories across Canada. Early reports from real estate boards showed the temperature generally rising once again with home resales holding at historically high levels last month. And where resales inched slightly lower (like […]

Successful buyers had to dig deeper into their purchasing budget to beat the competition. – RBC Economics

Supercharged demand soaked up supply like we’ve rarely seen before, leaving buyers with fewer and fewer options to pick from – RBC Economics.

Canada’s housing market demonstrated surprising resilience in the face of the pandemic with record levels of activity and prices. While the buying frenzy has calmed from extreme levels, the market continues to operate at historically high levels. How the dynamic of increasing demand, constrained supply and government intervention will play out is being closely watched […]

Canada's housing market has calmed down considerably this summer, taking some of the heat off property values across many parts of the country.

Canada's housing market isn't as frenzied as it was at the start of this year, yet continues to operate at historically strong levels.

The construction boom is beginning to deliver more move-in-ready supply. See the latest RBC Economics report on Canadian Housing.

The Canadian housing market has calmed down considerably this summer, taking some of the heat off property values across many parts of the country.

Home resales last month continued to broadly moderate toward pre-pandemic levels with inventories remaining exceptionally low in many housing markets.

RBC Economics assesses the key indicators of Canada's housing market to see if there are any early warnings of potential imbalances.

Home resales continued to transition toward more normal levels in July, after reaching extreme—and clearly unsustainable—levels earlier this year.

While bidding wars are reportedly attracting fewer participants in some parts of the country, competition between Canadian home buyers remains fierce.