
Fall market stuck in a low gear across Canada
November 6, 2023
High interest rates are exerting a growing toll on Canada’s housing markets. Early results from local real estate boards for October showed the broad softening of transaction activity continuing—as demand cooled in the face of elevated ownership costs. The strong influx of sellers seen in previous months paused in several markets (including Toronto, Vancouver and […]
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More sellers, fewer buyers take pressure off housing prices in Canada
October 5, 2023
Sellers are returning to the housing market. September was a case in point where new listings increased sequentially in all major markets.
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GST measure is a step toward closing Canada’s rental housing gap
September 15, 2023
The new tax regime is said to be part of a suite of incentives intended to build more homes and enhance housing affordability in Canada.
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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.
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Real estate action dims in Ontario and BC but Prairie markets keep on rolling
August 4, 2023
The Bank of Canada’s nineth and tenth rate hikes took the wind out of many real estate markets’ sails.
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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.
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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.
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Canada’s housing markets heat up this spring
May 5, 2023
There were hints for some time the cyclical bottom would be reached this spring but April pretty much sealed the deal.
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Canadian housing market outlook: The bottom of the downturn is in sight
March 6, 2023
The Canadian housing market correction has yet to run its course but it’s gradually letting up.
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New year, same calm in Canada’s housing markets
February 7, 2023
For the most part, Canada’s housing markets started 2023 the same way they ended 2022: quietly.
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