Housing market correction spreads widely across Canada
October 14, 2022
September marked the seventh-straight monthly decline in home resales in Canada (down 3.9%).
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Canadian home buyers feeling the heat of higher interest rates
September 15, 2022
The Bank of Canada’s rate hiking campaign keeps home buyers on the defensive.
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Bottom still a ways away for Canada’s housing market
August 15, 2022
Formerly overheating markets in Ontario and parts of the BC Lower Mainland have been the epicentre of the downturn to date.
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Canada’s housing market correction gets more serious
July 15, 2022
Earlier (super) tight demand-supply conditions are easing rapidly.
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Canada’s housing market in full-blown cooling mode
June 15, 2022
Rapidly rising interest rates are having a definite chilling effect on housing market activity across Canada.
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Canada’s housing market taps on the brakes as interest rates rise
May 16, 2022
The Bank of Canada’s interest rate liftoff was quick to rein in supercharged housing activity and weigh on home prices. Back-to-back overnight...
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Low supply still front and centre at start of spring season
April 19, 2022
Home resales and new listings both fell by similar extents in March—down 5.4% m/m and 5.5%, respectively, nationwide—keeping inventories scarce.
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Signs of market rebalancing loom as home prices continue to escalate
March 16, 2022
Even more sellers will need to list their properties to rebalance Canada’s housing market.
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Canada’s housing market crushed earlier records in 2021
January 17, 2022
Market activity started 2021 with a bang and stayed incredibly strong all year. Canada’s housing market enters 2022 in broadly the same way than it...
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Home prices surge in Canada as 2021 draws to a close
December 15, 2021
Home resales picked up 0.6% m/m to 651,000 units (seasonally adjusted and annualized) in November nation-wide.
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Canadian home buyers dig deeper, bid higher
November 15, 2021
Successful buyers had to dig deeper into their purchasing budget to beat the competition. - RBC Economics
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Canada’s housing market run has more in the tank
October 15, 2021
Canada's housing market has calmed down considerably this summer, taking some of the heat off property values across many parts of the country.
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