Home Prices
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How high will home prices get in 2025? Depends where you liveIf 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.MoneyJan 15
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Will it be easier or harder for Canadians to buy a home in 2025?Lower interest rates and changes to mortgages in Canada could help open the door to some would-be homebuyers in 2025. Here's what to expect.MoneyJan 1
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Big home sales gains in November as median prices continue to rise in MontrealMontreal home sales rose 47 per cent in November compared with a year ago as the province's real estate board says the region saw the second-most activity for the month since 2000.EconomyDec 5, 2024
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Rate cut hopes could have ‘psychological’ impact on homebuyers in 2025Royal LePage predicts that the aggregate home price in Canada will rise six per cent by the end of 2025. Here's how the Bank of Canada could affect the housing market next year.MoneyDec 5, 2024
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Housing affordability still strained despite improvements in 2024: reportNational Bank of Canada said in its report that the third quarter of the year marked the third consecutive improvement in housing affordability.MoneyNov 13, 2024
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Ottawa’s mortgage changes will be a ‘double-edged sword,’ TD economist warnsOttawa'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.MoneyOct 17, 2024
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Stagnant housing market prompts CREA to trim 2024 outlookThe Canadian Real Estate Association said Tuesday it now thinks the national housing market will remain in 'more of a holding pattern' until next spring.EconomyOct 15, 2024
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Canada’s condo supply is surging — and it’s not just in TorontoRe/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.MoneyOct 9, 2024
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Lower home prices and mortgage rates improved August affordability: reportToronto 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.MoneySep 25, 2024
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Home reno spending was up $300B over pandemic, Re/Max Canada saysThe 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.MoneySep 24, 2024
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