Housing Prices
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Trudeau wants to maintain home prices while pushing affordability. Is it possible?In a recent interview with the Globe and Mail, Justin Trudeau said he wants to push affordability while maintaining current home values. Some experts say that's hard to do.MoneyMay 29, 2024
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Canada’s housing market is ‘starting to turn a corner.’ Are prices rising?According to the Canadian Real Estate Association, the housing market has seen an uptick in sales activity despite interest rates being at a 22-year high.CanadaFeb 14, 2024
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Average rent in Halifax jumped by record-setting 11.9% in 2023: reportRent prices in Halifax are rising at rates above the national average, according to a new report from the Canada Mortgage and Housing Corporation.CanadaJan 31, 2024
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Canadian home prices have stabilized. Will incomes ever catch up?The report calculated the minimum annual income needed to buy an average home in 10 of Canada's major cities and looked at how that amount rose between June and July 2023.ConsumerAug 16, 2023
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Looking to upsize from a condo to a house? Here’s how many years of income it takes in OntarioNew findings released by Point2Homes show it's "no simple matter in today's market."CanadaJul 6, 2023
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LSTAR reports fourth straight month of increased home sales in London, St. Thomas Ont.The London and St. Thomas Association of Realtors (LSTAR) is reporting that while property demand remains an issue, home sales increased for the fourth consecutive month.ConsumerMay 3, 2023
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Housing report shows high interest rates still slowing Saskatchewan growthLower construction starts and sales are just a few factors stemming from high interest rates, according to the latest housing outlook report by the CMHC.EconomyApr 27, 2023
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Lowest number of February home sales since 1995 for London, St. Thomas, Ont.: LSTARThe association says only 436 residential transactions were recorded in February 2023 while 761 new listings entered the market last month.EconomyMar 5, 2023
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Home sales, prices in Barrie, Ont. see noticeable drop in JanuaryRecent data from the Barrie and District Association of Realtors shows a steady decline in house prices, as well as the number of homes sold, from the same time last year.EconomyMar 1, 2023
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New home prices fell in most major cities last month, StatCan says. Here’s whereCanada's housing prices declined 0.2 per cent month over month in January, according to Statistics Canada, with new house prices declining at the national level.CanadaFeb 22, 2023
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