Even though 2023 was widely viewed as a tough year for real estate prices across Canada, new data from the Canadian Real Estate Association (CREA) shows home prices ended the year slightly more than 5 per cent higher than the previous year. In Business Matters for Jan. 15, Anne Gaviola has more on what was behind the sudden surge in December.
- Canadian housing starts jumped 18% in December
- Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last?