Real Estate Market
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Okanagan’s real estate listings could increase after new short-term rental rulesKelowna realtor Brian Pedersen, who also owns several short term rental units himself agrees, saying he thinks many people will be forced to sell.CanadaOct 19, 2023
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Saskatchewan hit record-high housing sales in August despite low vacanciesAccording to the group, 1,631 sales in August spiked a year-over-year increase of 11 per cent -- nearly 25 per cent above 10-year averages.CanadaSep 8, 2023
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Who is to blame for the housing crisis? Canadians split in pollLeger surveyed 1,537 people between Aug. 18 and 20, asking a series of questions about the rising cost of housing and what should be done about it.ConsumerAug 23, 2023
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Hamilton-area home sales up 3% from last year with average prices down: RAHBThe Realtors Association of Hamilton-Burlington (RAHB) says May sales were up slightly year over year despite new listings still below traditional levels.CanadaJun 2, 2023
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High lending rates, reluctant sellers kept Hamilton’s home sales down in April 2023: RAHBThe Realtors Association of Hamilton-Burlington (RAHB) reported an 18.2 per cent drop in city sales compared to April 2022 with the average home price at around $806,809.CanadaMay 2, 2023
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Canada housing market: What to expect this spring as prices dropThe market has been sluggish since last year, when prospective buyers started putting off plans to purchase homes as the Bank of Canada aggressively hiked interest rates.ConsumerMar 22, 2023
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Hamilton-area home prices down 23% from last February, majority of sales priced below $800KFebruary sales dropped by almost 40 per cent across Hamilton, year over year. Sales for lower-priced properties, under $800,000, appeared to more appealing to buyers.CanadaMar 3, 2023
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Here’s how interest rates could affect Canada’s housing market in 2023The Canadian housing market is primed for a rebound in late 2023 — assuming market watchers' expectations for interest rate cuts come to fruition, according to a Desjardins report.MoneyFeb 9, 2023
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Okanagan real estate feeling the impact of higher interest ratesThe Association of Interior Realtors released data for January, that shows that benchmark home prices were down in January throughout the region.CanadaFeb 7, 2023
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Inventory increase suggests Hamilton area looking better for first-time buyers: RAHBRealtors Association of Hamilton-Burlington say final sales numbers for January are pointing to a shift in the market that may indicate stability despite rising interest rates.CanadaFeb 2, 2023
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