Housing Affordability
Homebuyers get some affordability relief but strains endure
December 20, 2024
The deep housing market slump got the ball rolling last year with a modest depreciation of property values tamping down homeownership costs.
Monthly Housing Market Update
Canada’s housing market recovery hits a bump but expected stay on track
January 15, 2025
Interest rate cuts in Canada set the housing market on a recovery path in 2024, but there have been bumps along the way as demonstrated by activity in December.
Special Housing Reports
Canada’s housing markets see a mixed finish to 2024
January 8, 2025
The fall’s strong market rally lost a lot of steam in some of Canada’s major housing markets as resale transactions fell markedly in Calgary and Toronto between November and December, according to local real estate boards.
Home Resale and Price Forecast
RBC’s projections for the housing market in Canada and the provinces
Older Reports
Housing Affordability
A quarterly report pinpointing cross-country trends in housing affordability in provincial and major metropolitan housing markets.
Monthly Housing Market Update
An analysis of the latest data and developments in Canada’s housing market.
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Lower rates stoked Canada’s housing market momentum this fall
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Canadian home sales jump in October but strong pace will be hard to sustain
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Slowly but surely—Canada’s homebuyers begin to respond to rate cuts
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Canada’s housing market still in a wait-and-see mode
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Housing market activity static again after June bump
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Rate cut gives small boost to Canada’s housing market
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Homebuyers play the waiting game
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Influx of new listings help ease supply-demand pressure
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Mixed start to the spring housing market
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Bumpy recovery for Canada’s housing market
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End of the correction? Canada’s housing market is warming up
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Canada’s housing market ended 2023 on a stronger note
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Canada’s housing market downturn is spreading
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Ontario leads Canada’s housing market cooldown
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Home prices edge lower in Canada
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Housing market stagnation setting in
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Hot summer, cooler housing market in Canada
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Pace of Canada’s housing market rebound moderates
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Canada’s housing market recovery gains more traction
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‘Game on’ for Canada’s housing market?
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Green shoots in Canada’s housing market
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Canada’s housing market finally finding its footing?
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Home prices still dropping across Canada
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Canada’s housing market inches closer to a cyclical bottom
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Canada’s housing market stays quiet as end of year nears
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Beginning of the end for Canada’s housing market downturn?
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Housing market correction spreads widely across Canada
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Canadian home buyers feeling the heat of higher interest rates
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Bottom still a ways away for Canada’s housing market
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Canada’s housing market correction gets more serious
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Canada’s housing market in full-blown cooling mode
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Canada’s housing market taps on the brakes as interest rates rise
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Low supply still front and centre at start of spring season
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Signs of market rebalancing loom as home prices continue to escalate
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Canada’s housing market crushed earlier records in 2021
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Home prices surge in Canada as 2021 draws to a close
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Canadian home buyers dig deeper, bid higher
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Canada’s housing market run has more in the tank
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Home price appreciation easing across Canada
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Lack of sellers holds back Canada’s housing market
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Canada’s housing market slowed down in June but still strong
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Home prices haven’t peaked yet in Canada
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Home prices keep escalating in Canada but moderation may be coming
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March was a record month all-round for Canada’s housing market
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FOMO, low inventories drive Canadian home prices up $100,000 since August
Canada’s Housing Market Ramped up as 2021 Rolled In
Canada’s housing market ended 2020 on a (very) high note
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Canada’s Housing Market Kept on Rolling in November
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Canada’s Housing Market Was Exceptionally Strong in October
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Canada’s Housing Market Got Hotter in September
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Canada’s Housing Market Reached New Heights in August
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Canada’s Housing Market Soared to Record High in July
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Pent-up Demand Pushed Home Resales Higher in June
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Canada’s Housing Market Woke up in May
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Canada’s Housing Market Mostly Shut down in April—can Only Pick up from Here
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Pandemic Throws Housing Market off Course
March 2020
February 2020
January 2020
Special Housing Reports
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More supply and cooling demand ease Canadian rental market pressures in 2024
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Canada’s housing market ends the fall season on an upswing
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Are October’s sales gains an inflection point for Canada’s housing markets?
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New listings shoot higher in most major markets
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Rate cuts have yet to pull Canada’s housing markets out of their slump
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Housing markets look for deeper rate cuts to ramp up activity
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Inventories rebuilding fast in largest housing markets
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Canada’s housing markets in a holding pattern
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Spring brings sellers out; buyers remain hesitant
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The Great Rebuild
Seven ways to fix Canada’s housing shortage -
Reality check: Canada’s housing market isn’t out of the woods yet
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Early signs of a housing market upturn emerge across Canada
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It’s never been harder to rent in Canada—vacancy rates fall to 35-year low
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Canada’s housing market outlook: A tale of two halves in 2024
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All quiet on most fronts in Canada’s housing markets
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Fall market stuck in a low gear across Canada
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More sellers, fewer buyers take pressure off housing prices in Canada
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GST measure is a step toward closing Canada’s rental housing gap
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Housing market tensions continuing to ease across most of Canada
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Real estate action dims in Ontario and BC but Prairie markets keep on rolling
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Housing market momentum diverges across Canada
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Influx of sellers speeds up Canada’s housing market recovery
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Canada’s housing markets heat up this spring
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Canadian housing market outlook: The bottom of the downturn is in sight
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New year, same calm in Canada’s housing markets
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Housing market correction widespread across Canada
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It’s review time for the mortgage stress test
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Quiet fall housing market across Canada
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Canadian home buyers on the defensive
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Higher interest rates weigh down on Canada’s housing markets
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Downturn deepens in Canada’s housing markets
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Downgrading our forecast for Canada’s housing market
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Canada’s housing markets rebalancing fast
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The Great Moderation? Tightening cycle spurs softer housing demand this spring
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Rising interest rates a game-changer for Canada’s housing market
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Budget 2022 is big on housing, but won’t immediately relieve affordability crisis
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A split is emerging: local housing trends start to diverge
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A turning point? More sellers enter Canada’s housing market in February
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Which is Canada’s most expensive market? The answer just changed
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The fever breaks: Canada’s housing market will cool but stay strong in 2022
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The temperature rose in Canada’s major markets in November
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Wanted: homes for sale, as inventories fall across Canada in October
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The Canadian housing market outlook
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Home builders are tackling Canada’s housing supply shortage
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Canada’s housing markets: low inventories and fatigue dampen activity in August
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Overheating risk eases as Canadian housing market calms down
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Policy action provides partial fix to Canada’s housing market imbalance
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Broad decline in housing activity didn’t slow price gains in May
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Canadian housing markets glided to a lower orbit in April
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Home prices spiked further across Canada in March despite more sellers
Hot Canadian housing markets call for a policy response
Steaming-hot Housing Market Conditions Persist Despite Cold February Weather
Super-strong Housing Market is Far from Risk-free
New Year, Same Tight Housing Market Conditions Across Canada
Canada’s housing market headed for another record year in 2021
Spectacular End to a Spectacular Year for Canada’s Housing Markets
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Housing Markets Stayed Solid Across Canada in November; Downtown Condos the Only Soft Spot
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Canada’s Housing Markets Strong in October Despite Surge in Downtown Condo Supply
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Seven Ways COVID-19 Is Affecting Canadian Housing
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September Another (Super) Busy Month for Canada’s Housing Market
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Hot summer housing market stretched into August, though not everywhere
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Spring Housing Market Blooms in July
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Home Buyers and Sellers Play Catch-up in June
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Home Buyers and Sellers Returned to the Market in May
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Super Quiet April in Housing Market Could Be the Cyclical Low Point
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May 1, 2020: Day of Rent Reckoning in Canada?