Home Prices Canada
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Housing market downturn a top risk to Canada’s financial system, regulator saysA 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.EconomyApr 18
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Home prices in Canada could fall 5.9% in 2023, CREA forecastsThe outlook came as CREA reported home sales in December 2022 were down 39.1 per cent compared with a year earlier.MoneyJan 16
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Homes sales, prices will reach their bottom in early 2023: TD reportA new report from TD Economics predicts Canada will see the weakest level of home sales since 2001 this year.EconomyJan 10
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Canada housing market outlook 2023: Here’s what buyers and sellers can expectWhat 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.MoneyDec 30, 2022
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GST rebate hike makes sense but permanent fix needed to combat inflation: economistsThe federal government officially announced on Tuesday it will double the GST rebate for six months to help lower-income Canadians facing a rising cost of living.EconomySep 14, 2022
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Will Trudeau’s $4.5B affordability plan help you? Here’s what to knowPrime Minister Justin Trudeau unveiled a plan to spend $4.5 billion, with $3.1 billion of that new spending promises, to help Canadians cope with the cost of living.CanadaSep 13, 2022
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Cooling housing market shows short supply didn’t fuel COVID price surge: BMO economistBMO's top economist is calling into question the role of a constrained housing supply in fueling home price growth during the COVID-19 pandemic.EconomyJul 20, 2022
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Royal LePage slashes its 2022 home price forecast to 5% growth amid inflation-led dipThe average price of a home in Canada dipped this past quarter for the first time since early 2019, according to a new report from Royal LePage.EconomyJul 13, 2022
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Canada needs ‘all hands on deck’ to fill housing supply gap: CMHCCanada will be fall short of having enough affordable housing for everyone by 2030, according to a new CMHC report on the country's housing stock challenges.EconomyJun 23, 2022
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Got homebuyer’s remorse? Regret sets in for some as heated housing markets coolRealtors and lawyers in Toronto and Vancouver say they have noticed buyers looking at what options they have to get out of a purchase and sellers hoping to ensure one goes through.MoneyMay 18, 2022
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