Canada Home Prices
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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.MoneyJun 6
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Housing affordability in Canada just saw the biggest improvement in almost 4 yearsCanadian homeowners and prospective buyers saw a second consecutive quarter of improvement in housing affordability, but the market hasn't returned to pre-pandemic levels.MoneyJun 2
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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.CanadaMay 15
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Bank of Canada not seeing ‘alarm bells’ in housing market despite mortgage painBank 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.EconomyMay 4
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Hoping to buy a home? Canadian prices forecast to rise by end of 2023Royal LePage has adjusted its price forecast for 2023 given stronger-than-expected demand and limited supply. It now expects a price increase.CanadaApr 13
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Inflation, housing, Russia: Here’s where the IMF says Canada’s economy is most at riskThe International Monetary Fund says a steeper home price correction and stubborn inflation are among the biggest risks to Canada's economy.EconomyDec 9, 2022
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Canadian home sales rose last month for the first time since FebruaryHome sales in Canada saw their first bump in October since February as rising interest rates had put a chill into market activity.EconomyNov 15, 2022
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High home prices, debt levels could ‘accelerate’ economic downturn, Macklem warnsBank of Canada governor Tiff Macklem said the high amount of debt Canadians have tied up in the housing market is a 'vulnerability' as the economy begins to slow.EconomyNov 10, 2022
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Canada’s housing market is cooling off. What does this mean for the fall?After fuelling Canada's economy through the COVID-19 pandemic, the real estate market is showing signs of weakness as home prices fall and bidding wars dissipate.EconomyAug 26, 2022
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Canada’s housing market is cooling as rates rise. But rents have never been hotterThe Bank of Canada's moves to hike interest rates might be taking some steam out of the ownership market, but economists say it's having the opposite effect on rents.EconomyJul 15, 2022
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