Home Prices
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Slow February home sales signal ‘things are about to pick up’: CREAHome prices were flat in February, according to the Canadian Real Estate Association, snapping a five-month streak of declines in the housing market.Money12 hours
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Calgary home sales up almost 23 per cent in February, prices risingThe Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose.EconomyMar 1
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Here’s how much home you can get for $1M across Canada these daysIf you had a million dollars, the kind of home you could buy in Vancouver is nearly a third the size of a property at the same price in Edmonton, a Royal LePage report shows.MoneyFeb 22
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Bank of Canada sees housing rebound but ‘considerable uncertainty’ in pricesThe Bank of Canada is expecting the Canadian housing market to rebound in 2024, but Tiff Macklem warns the trajectory for prices comes with 'considerable uncertainty.'EconomyFeb 6
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Why are all your friends moving to Alberta? New report has some ideasA recent survey has found that more than one in four Canadians agreed the land transfer tax has impacted their decision to participate in the housing market.CanadaFeb 6
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A ‘window of opportunity’ may be opening for 1st-time homebuyersCanada's housing market could see affordability conditions improve alongside interest rate cuts in the second half of 2024, an RBC report projects.MoneyJan 30
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Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last?Canadian home sales picked up steam unexpectedly in December, with one CREA economist saying buyers and sellers came together to get deals done before the end of 2023.MoneyJan 15
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Housing market 2024: What to expect with rate cuts in the forecastThe Bank of Canada's policy rate could act as a barometer for the housing market in 2024, with rate cuts potentially bringing home buyers and sellers off the sidelines.MoneyDec 30, 2023
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Ontario sees bulk of home price drops. These markets are also seeing declinesRoyal LePage is forecasting a turn to the pandemic home price peaks in 2024, but not every market is expected to see such a turnaround.MoneyDec 14, 2023
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Housing affordability at worst levels in 41 years, Bank of Canada index showsThe Bank of Canada's housing affordability index reached its worst levels in more than four decades last quarter as home prices rose alongside mortgage rates.MoneyDec 13, 2023
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