Average price for Toronto-area homes up in February, sales down from year ago
The Toronto Real Estate Board says there were 5,025 homes sold in the region last month, down from 5,148 in the same month last year. Continue reading
Home prices
London home prices rise in final months of 2018
According to Royal LePage, the average price of a home in London rose almost nine per cent year-over-year to more than $388,000 in the fourth quarter of 2018. Continue reading
New report says B.C. housing market in midst of recession that could last for 3 years
By Sean Boynton Online Journalist
Central 1 Credit Union linked what it calls a “mild” recession to the latest mortgage stress test rules and provincial regulations in B.C. Continue reading
Falling B.C. real estate market projected to bring national home sales down to nearly 10-year low
By Sean Boynton Online Journalist
The Canadian Real Estate Association’s latest quarterly forecast projects B.C.’s market will take another 5.2-per-cent hit in 2019. Continue reading
Royal LePage expects Regina housing prices to drop nearly 5% in 2019
Royal LePage has released their market forecast for Regina in 2019 and the average home price in Regina is expected to drop by 4.7 per cent. Continue reading
Two surveys predict Metro Vancouver housing prices won’t face a big drop in 2019
By Gord Macdonald News Anchor
Rising interest rates will be a key factor affecting housing affordability in 2019, RE/MAX says. Continue reading
Average price of homes, number of sales decline in Simcoe County in November, BDAR says
New numbers released by the Barrie & District Association of Realtors (BDAR) show the average price and number of units sold has decreased from October to November. Continue reading
Home sales should start to rise in the fall: BC Real Estate Association
By Gord Macdonald News Anchor
August home sales suggest the impact of the stricter mortgage stress test requirements is fading. Continue reading
New Zealand bans foreigners from buying homes
New Zealand has banned most foreigners from buying homes in the country, in an effort to tackle runaway housing prices. Continue reading
Canadians should ‘buy smaller’ homes in response to interest hike, Bank of Canada head says
As the Bank of Canada raised key interest rates to 1.5 per cent (up from 1.25 per cent) Wednesday morning, mortgage rates are already rising as well. Continue reading