Home Prices

• Average housing price must fall to fix ‘crisis,’ federal minister says

  Gregor Robertson acknowledged that Canada faces a 'housing crisis' but argued the federal Liberals are taking action to lower the cost of a home and boost the housing supply.

  Canada

  Oct 20
  
• Canada’s fall housing market is off to ‘low-key’ start, RBC report shows

  While some major markets — Winnipeg, Regina, and Toronto — saw home resales go up from August to September, most markets remained tepid.

  Canada

  Oct 8
  
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• New report suggests relief could be on the way for Calgary’s housing market

  The study out of Concordia University looks at how policy reform could impact Canadian housing supply in Calgary, Vancouver, Toronto and Montreal.

  Consumer

  Aug 19
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• Canadian home prices could drop 2% from Trump trade war, CMHC says

  The largest drops in home prices will be in Ontario and British Columbia, which are both home to some of Canada’s most expensive housing markets.

  Canada

  Jul 24
• U.S. investors scooping up homes faster than would-be buyers, data shows

  New data shows how investor purchases of U.S. homes are rapidly rising as affordability issues prevent many would-be buyers from getting into the real estate market.

  Consumer

  Jul 8
• Buying a house got costlier in May. What should your household income be?

  While mortgage rates remained largely unchanged, rising home prices mean you’d have to spend more money on your monthly mortgage payments depending on where you live.

  Canada

  Jun 20
• These real estate markets might be showing signs of life, report suggests

  A report by the Royal Bank of Canada released Monday said local real estate boards have indicated that home resales picked up in some Canadian markets in May.

  Canada

  Jun 10
• GST relief could save 1st-time home buyers $240 on mortgages: report

  The Liberal government introduced legislation on June 5 to eliminate the GST portion from new home sales of up to $1 million for first-time buyers.

  Money

  Jun 10
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• Should home prices go down? ’No,’ says Canada’s new housing minister

  Gregor Robertson, the former Vancouver mayor, was sworn in as housing minister in Prime Minister Mark Carney’s new cabinet on Tuesday.

  Canada

  May 14
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• How high will home prices get in 2025? Depends where you live

  If the Bank of Canada signals the policy rate may have settled at the bottom, CREA said that could set up a wave of activity in the already traditionally busy spring market.

  Money

  Jan 15