Home Sales
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Forecast for home prices, sales scaled back after slow spring: CREASupply in the housing market has built up as sellers come off the sidelines, CREA noted, but buyers remained hesitant through the spring.MoneyJul 12
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The results are in: June’s rate cut didn’t revive Canada’s housing marketHopes that an interest rate cut from the Bank of Canada in June would bring homebuyers off the sidelines did not materialize, sales figures show.EconomyJul 11
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‘It’s crickets’: How sellers are getting creative in a slow housing marketA glut of listings has some sellers, particularly in Toronto's overstocked condo market, getting creative to win over the few buyers out there in the market.MoneyJun 20
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May was ‘another sleepy month’ for homebuyers. Will a rate cut wake them up?The Canadian housing market remained cool in May, but CREA commentators expect the first interest rate cut of the cycle will bring buyers off the sidelines in months to come.MoneyJun 17
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Listings surge met few buyers in April. What that means for spring housing marketThe Canadian housing market is seeing a boost in listings but a slowdown in sales so far this spring, according to the national real estate association.MoneyMay 15
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Slow February home sales signal ‘things are about to pick up’: CREAHome prices were flat in February, according to the Canadian Real Estate Association, snapping a five-month streak of declines in the housing market.MoneyMar 18
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A ‘window of opportunity’ may be opening for 1st-time homebuyersCanada's housing market could see affordability conditions improve alongside interest rate cuts in the second half of 2024, an RBC report projects.MoneyJan 30
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Furniture retailer Leon’s looks to build 4K homes in TorontoFurniture seller Leon's announced plans to build community with 4,000 homes, including townhouses and high-rise buildings, at the site of its new corporate headquarters in Toronto.CanadaJan 29
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Interest rates may have peaked – is it time to jump into the housing market?The Bank of Canada's shift in tone on future interest rate decisions could have some would-be homebuyers taking a look at the spring housing market, experts say.MoneyJan 26
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Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last?Canadian home sales picked up steam unexpectedly in December, with one CREA economist saying buyers and sellers came together to get deals done before the end of 2023.MoneyJan 15
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