Canada Home Prices

• ‘Colossally high’ number of Canadians plan to buy a home within a year. Why?

  Nearly 50 per cent of Canadians say they plan to purchase a home in the next five years and 11 per cent within the next 12 months, a new poll shows.

  Consumer

  Feb 22
  
• Home sales fell in August. Why that might be good news for buyers

  Canadian home prices are stabilizing heading into the fall, CREA said Friday, as higher interest rates cool demand among buyers and the level of new listings grows.

  Money

  Sep 15, 2023
  
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• ‘Unpredictable’ Bank of Canada looms over fall housing market. Here’s why

  Canada's housing market is expected to stall in the fall amid a lack of inventory and ongoing uncertainty around the central bank's interest rates, according to Re/Max.

  Money

  Sep 5, 2023
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• Upsizing buyers drove demand in Canada’s housing market this spring: Re/Max

  Canadians who needed to upsize their home took advantage of the pause in interest rate hikes earlier this year, driving up sales activity in most markets, Re/Max says.

  Money

  Jul 19, 2023
• Rate hikes could ‘take some steam’ out of housing market rebound

  Home sales and prices in Canada continued their recovery from the housing correction this past year, with most markets seeing an uptick in activity last month.

  Money

  Jun 15, 2023
• Sellers are coming back to Canada’s housing market. Will prices stabilize?

  Canada's housing market saw an 'influx' of sellers in May, according to RBC, but demand from buyers is still putting upward pressure on prices.

  Money

  Jun 6, 2023
• Housing affordability in Canada just saw the biggest improvement in almost 4 years

  Canadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn't returned to pre-pandemic levels.

  Money

  Jun 2, 2023
• Buyers have returned to Canada’s housing market. When will sellers follow?

  The housing market in Canada has been warming this spring after a rapid rise in interest rates put a chill in buyers and sellers alike.

  Canada

  May 15, 2023
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• Bank of Canada not seeing ‘alarm bells’ in housing market despite mortgage pain

  Bank of Canada governor Tiff Macklem said Thursday he doesn't see the current levels of mortgage stress in Canada as a risk to the overall health of the housing market.

  Economy

  May 4, 2023
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• Hoping to buy a home? Canadian prices forecast to rise by end of 2023

  Royal LePage has adjusted its price forecast for 2023 given stronger-than-expected demand and limited supply. It now expects a price increase.

  Canada

  Apr 13, 2023