Monthly Housing Market Update

The fall season is shaping up to be a relatively quiet period for Canada’s housing market.

Higher interest rates continue to cool down Canada’s housing market following a surprising solid rebound this spring.

The Bank of Canada’s latest back-to-back hikes have put a damper on the housing market’s rebound this summer.

The surge in spring real estate sales is cooling off. Canadian home resales rose just 1.5% in June.

Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May.

Spring 2023 increasingly looks like the turnaround point for Canada’s housing market after a year-long slump. April home resales jumped.

The year-long winter in Canada’s housing market appears to be ending. There were clear—albeit still tentative—signs of spring in March as more...

It increasingly looks like Canada’s housing market is finally finding its footing

Weakening housing trends remain the central theme early in 2023 across Canada.

Property values have been under intense downward pressure across Canada.

The pace of decline may have slowed in recent months but Canada’s housing market is still firmly in correction mode.

Canada’s housing market may be entering the latter stages of its cyclical downturn. The pace of decline is now slowing—there was even a tiny...