Home Prices Canada
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Calgary sees bump in home sales but inventory remains lowThe Calgary Real Estate Board says average home prices rose to just over $570,000 which is 10 per cent higher than January 2023.CanadaFeb 1
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Higher prices are driving some resort community residents to leave: ‘There is a sadness’Resort destinations in B.C. and Alberta are among the fastest-growing communities in Canada, leading to a housing crunch that has made it difficult for residents to find a home.CanadaAug 25, 2023
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Sales surged on cheaper detached homes in some big markets — then came rate hikesInterest rate hikes have prompted buyers to "step back," but RE/MAX Canada executive VP Elton Ash said with the lack of inventory of houses there may not be a big pricing change.CanadaAug 22, 2023
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Canada’s military will start phasing out old housing benefitThe Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted.CanadaAug 7, 2023
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Record immigration numbers reinforce need to boost housing supply: economistCanada welcomed more than 145,000 immigrants during the first three months of the year. That's the highest number for a single quarter on record.MoneyJun 28, 2023
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Rate hikes could ‘take some steam’ out of housing market reboundHome 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.MoneyJun 15, 2023
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Housing market downturn a top risk to Canada’s financial system, regulator saysA potential housing market downturn and adjusting to interest rate increases are among the biggest risks to Canada's financial system, the country's financial regulator said.EconomyApr 18, 2023
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Home prices in Canada could fall 5.9% in 2023, CREA forecastsThe outlook came as CREA reported home sales in December 2022 were down 39.1 per cent compared with a year earlier.MoneyJan 16, 2023
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Homes sales, prices will reach their bottom in early 2023: TD reportA new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.EconomyJan 10, 2023
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Canada housing market outlook 2023: Here’s what buyers and sellers can expectWhat does 2023 have in store for the Canadian housing market? Here's what you can expect for home prices, and which markets and property types could see growth.MoneyDec 30, 2022
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