Home Prices

• Housing affordability still strained despite improvements in 2024: report

  National Bank of Canada said in its report that the third quarter of the year marked the third consecutive improvement in housing affordability.

  Money

  Nov 13
  
• Ottawa’s mortgage changes will be a ‘double-edged sword,’ TD economist warns

  Ottawa's proposed mortgage changes may help affordability in the short term, but there are risks to the stability of the Canadian financial system, one economist warns.

  Money

  Oct 17
  
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• Stagnant housing market prompts CREA to trim 2024 outlook

  The Canadian Real Estate Association said Tuesday it now thinks the national housing market will remain in 'more of a holding pattern' until next spring.

  Economy

  Oct 15
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• Canada’s condo supply is surging — and it’s not just in Toronto

  Re/Max Canada said in its national condo outlook released Wednesday that listings in this segment of the market have 'soared' in recent months, opening a door to first-time buyers.

  Money

  Oct 9
• Lower home prices and mortgage rates improved August affordability: report

  Toronto led the way in affordability improvements for the second consecutive month as slow sales drove down home prices at the same time as mortgage rates declined.

  Money

  Sep 25
• Home reno spending was up $300B over pandemic, Re/Max Canada says

  The report by Re/Max Canada looked at the role renovations and revitalization played in home values in the Toronto and Vancouver areas, Canada's two largest real estate markets.

  Money

  Sep 24
• Home ownership feels out of reach for many in Calgary

  A study done by Rates.ca is reporting half of Calgary families will have to make a least $11,000 more in order to afford an average priced home.

  Consumer

  Sep 19
• Despite rate cuts, home sales stuck in ‘holding pattern’ over summer: CREA

  Home 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.

  Money

  Sep 16
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• Fall housing market could be ripe for 1st-time buyers. Here’s why

  Falling interest rates are setting the stage for a stronger autumn real estate market, experts say. But some also caution that prices may still decline in certain segements.

  Money

  Sep 7
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• ‘Spotty’ summer could be followed by ‘friendlier’ fall for homebuyers

  Home sales edged back somewhat in July despite the start of the Bank of Canada's interest rate easing cycle. Here's what experts expect for the fall amid hopes for more rate cuts.

  Money

  Aug 15