Canada Housing Market
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Alberta experiences huge spike in housing starts in 2024The CMHC says Alberta was one of the leading provinces in Canada for the number of new housing starts in 2024, compared to 2023.ConsumerJan 16
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Supply low in Saskatchewan’s 2025 housing marketSaskatchewan's 2025 housing market won't look much different from 2024, with supply struggling to keep up with demand. Experts predict Saskatchewan will be a seller's market.ConsumerDec 30, 2024
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Insured mortgage cap hike a ‘game changer’ for some homebuyersNew rules coming into effect on Sunday could see Canadians take out insured mortgages on properties worth up to $1.5 million and expand the availability of 30-year amortizations.MoneyDec 15, 2024
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Stagnant housing market prompts CREA to trim 2024 outlookThe Canadian Real Estate Association said Tuesday it now thinks the national housing market will remain in 'more of a holding pattern' until next spring.EconomyOct 15, 2024
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Canada’s ‘sluggish’ housing market could be recovering. Here’s whyThe aggregate price of a home in Canada, compared with this time last year, increased 1.6 per cent to $815,500 in the third quarter of 2024.CanadaOct 10, 2024
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Despite rate cuts, home sales stuck in ‘holding pattern’ over summer: CREAHome sales rose again in August but the national housing market was not shocked to life by the start of the Bank of Canada's interest rate easing cycle, according to CREA.MoneySep 16, 2024
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Is rent cheaper living with a roommate? It depends where you liveA recent report by Rentals.ca showed "roommate rents" dropped to $1,481 per person in Vancouver and decreased in Toronto to $1,230, but it has risen in smaller cities.CanadaSep 13, 2024
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What’s holding back homebuilding? The lack of builders, new report arguesA Desjardins report highlights the ongoing labour shortage in the construction industry as the 'primary constraint' holding back new housing starts.EconomySep 10, 2024
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Wave of mortgage renewals drives owners to list homes, analysts sayRising inventories with anemic sales show a high degree of stress in Canada's biggest property market, real estate consultants said.MoneyJul 17, 2024
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Canadian housing starts were down 9% in June. What’s behind the dropThe June housing starts data serves as a reminder of 'just how little breathing room builders are working with,' amid Canada's housing supply shortage, one expert said.EconomyJul 16, 2024
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