Home Prices

• Okanagan residential real estate sales dip by 30% year over year

  The Association of Interior Realtors is reporting that there were 1,226 residential unit sales across the Okanagan region in April, and that's 30.6 fewer than in April 2022.

  Economy

  May 4
  
• Canada doesn’t have enough homes to own. Renters will pay the price

  A new housing outlook from Canada Mortgage and Housing Corp. shows that as homeownership remains out of reach for many, renters will face higher costs.

  Money

  Apr 27
  
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• Canada’s spring housing market has plenty of buyers but is short on supply

  Home sales in Canada have been on the rise in recent months, with prices beginning to 'stabilize' after a steep housing correction, according to CREA.

  Money

  Apr 14
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• High mortgage costs will ‘strain’ budgets. But is the Bank of Canada worried?

  Canadians will continue to feel the pain of higher interest rates on their mortgages this year, the Bank of Canada warned as it reaffirmed its rate hold on Wednesday.

  Money

  Apr 12
• Majority of Canadians who don’t own a home have ‘given up’: poll

  Canadians priced out of the housing market continue to be pessimistic about ever buying a home, a new poll suggests, even as values have declined substantially over the past year.

  Money

  Apr 5
• Home sales in Barrie, Ont. down almost 50% from year prior, prices also drop

  Home prices in the Barrie area continued to decline steadily in the second month of 2023, the Barrie and District Association of Realtors reports.

  Economy

  Mar 21
• Home prices, sales have plunged in the last year. Is this the bottom?

  Canada's average national home price has dropped nearly 19 per cent from the peak in February 2022, the Canadian Real Estate Association said Wednesday.

  Money

  Mar 15
• What the Bank of Canada’s rate hold means for the spring housing market

  A hold in interest rates from the Bank of Canada could bring some prospective buyers and sellers off the sidelines and into the housing market, some observers say.

  Money

  Mar 9
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• Here’s how much home you could buy in 8 Canadian cities — if you had a million dollars

  A million dollars goes a lot further in some Canadian housing markets than others. Here's what Royal LePage estimates show you could afford with that money across Canada.

  Canada

  Feb 23
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• Interest rates chill Canada’s housing market in January as sales hit 14-year low

  Canada's housing market saw a 14-year low in sales and a more than two-year low in new building activity in January, according to new data released Wednesday.

  Money

  Feb 15