Home Prices Ontario
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Canada’s home prices fell annually for the 1st time since 2008 in Q4, Royal LePage saysNew data from Royal LePage shows aggregate home prices were down 2.8 per cent across Canada in the fourth quarter, with some markets facing steeper declines.MoneyJan 13, 2023
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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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Pace of new homebuilding in Canada hits highest level since NovemberCMHC says the seasonally adjusted annual rate of housing starts for September was 299,589 units, up 11 per cent from 270,397 in August.CanadaOct 18, 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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Home prices expected to ease off 2021 highs but remain elevated this year: CMHCHome sales and price growth will fall more in line with historical averages by late 2023 or early 2024, the CMHC said in its latest forecast.CanadaApr 21, 2022
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Average home price in Canada hit a record $816,720 in FebruaryThe average Canadian home price was up by 20.6 per cent from $677,435 last year, according to the Canadian Real Estate Association (CREA).MoneyMar 15, 2022
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First shared equity program to help Black families break into housing market launches in Canada'We are building a different playbook to address anti-Black racism,' says Dahabo Ahmed-Omer of BlackNorth Initiative, a bridge program aimed at increasing Black homeownership.EconomyMar 6, 2022
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Average Canadian home price hit $748,450 in January, up 21% in past yearExcluding Greater Vancouver and the Greater Toronto cuts almost $160,000 from the national average price, The Canadian Real Estate Association (CREA) says.EconomyFeb 15, 2022
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Ontario in last place when it comes to Canada’s already low housing stockHousing supply in Ontario is the worst in Canada on a per capita basis, a persistent problem that will likely continue to push up prices, according to a Scotiabank report.MoneyJan 12, 2022
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