Home Prices Canada

• Calgary sees bump in home sales but inventory remains low

  The Calgary Real Estate Board says average home prices rose to just over $570,000 which is 10 per cent higher than January 2023.

  Canada

  Feb 1
  
• Higher prices are driving some resort community residents to leave: ‘There is a sadness’

  Resort destinations in B.C. and Alberta are among the fastest-growing communities in Canada, leading to a housing crunch that has made it difficult for residents to find a home.

  Canada

  Aug 25, 2023
  
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• Sales surged on cheaper detached homes in some big markets — then came rate hikes

  Interest rate hikes have prompted buyers to "step back," but RE/MAX Canada executive VP Elton Ash said with the lack of inventory of houses there may not be a big pricing change.

  Canada

  Aug 22, 2023
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• Canada’s military will start phasing out old housing benefit

  The Armed Forces announced plans in March to create a new housing allowance that is based on salary, rather than where a soldier is posted.

  Canada

  Aug 7, 2023
• Record immigration numbers reinforce need to boost housing supply: economist

  Canada welcomed more than 145,000 immigrants during the first three months of the year. That's the highest number for a single quarter on record.

  Money

  Jun 28, 2023
• Rate hikes could ‘take some steam’ out of housing market rebound

  Home sales and prices in Canada continued their recovery from the housing correction this past year, with most markets seeing an uptick in activity last month.

  Money

  Jun 15, 2023
• Housing market downturn a top risk to Canada’s financial system, regulator says

  A potential housing market downturn and adjusting to interest rate increases are among the biggest risks to Canada's financial system, the country's financial regulator said.

  Economy

  Apr 18, 2023
• Home prices in Canada could fall 5.9% in 2023, CREA forecasts

  The outlook came as CREA reported home sales in December 2022 were down 39.1 per cent compared with a year earlier.

  Money

  Jan 16, 2023
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• Homes sales, prices will reach their bottom in early 2023: TD report

  A new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.

  Economy

  Jan 10, 2023
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• Canada housing market outlook 2023: Here’s what buyers and sellers can expect

  What does 2023 have in store for the Canadian housing market? Here's what you can expect for home prices, and which markets and property types could see growth.

  Money

  Dec 30, 2022