Home Sales
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Despite rate cuts, home sales stuck in ‘holding pattern’ over summer: CREAHome sales rose again in August but the national housing market was not shocked to life by the start of the Bank of Canada's interest rate easing cycle, according to CREA.MoneySep 16
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Fall housing market could be ripe for 1st-time buyers. Here’s whyFalling interest rates are setting the stage for a stronger autumn real estate market, experts say. But some also caution that prices may still decline in certain segements.MoneySep 7
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Toronto-area home sales decline in August, but rate cut could spur activity: boardThe Toronto Regional Real Estate Board says home sales in August fell from last year as average home prices edged lower.CanadaSep 5
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Should Canada ditch the mortgage stress test? What experts are sayingBefore someone borrows money from a federally regulated lender, like a bank, they need to prove they can afford payments at a qualifying rate. This is called a 'stress test.'MoneyAug 16
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‘Spotty’ summer could be followed by ‘friendlier’ fall for homebuyersHome sales edged back somewhat in July despite the start of the Bank of Canada's interest rate easing cycle. Here's what experts expect for the fall amid hopes for more rate cuts.MoneyAug 15
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Calgary home sales decline 10% in July from last year, prices rise: CREBThe board says the benchmark price across all home types was $606,700 for July, similar to last month and nearly eight per cent higher than last year.EconomyAug 2
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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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