Cooling Housing Market

• Royal LePage expects Canada home prices to end year down 0.5%, ‘erasing the gains’ of Q1

  The real estate brokerage's house price survey is predicting the aggregate price of a home in Canada in the final three months of the year will be down 0.5 per cent year-over-year.

  Money

  Oct 13, 2022
  
• Can’t buy a home? Here’s how to build your wealth outside the housing market

  Housing has long been a go-to path to building wealth. But as the market slows and remains difficult to access, experts say there are options outside real estate.

  Economy

  Oct 8, 2022
  
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• Canada’s housing market will cool more by year’s end than expected, CREA says

  CREA has dropped its expectations for the housing market in 2022, now calling for a 20 per cent decline in sales from the all-time high in 2021.

  Money

  Sep 15, 2022
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• Canada set for ‘unprecedented’ home price drop by early 2023: TD Bank

  A new report from TD Bank projects the average Canadian home price could drop 20 to 25 per cent in early 2023 from the peak seen last February.

  Money

  Aug 29, 2022
• Home sales dropped 22% in May as interest rates cool housing market: CREA

  Home sales dropped 22 per cent year-over-year in May, according to the Canadian Real Estate Association, as rising mortgage rates weigh on sales.

  Economy

  Jun 15, 2022
• January home sales in Greater Toronto Area down 22% from year ago

  Toronto home sales started last year on a hot streak, but slowed after the Ontario government moved to cool the market.

  Canada

  Feb 6, 2018