9/22/2022 | Posted in Canadian Housing Market by Ron Hyde
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10 million households own their home, while 5 million rent. But the gap is narrowing. ... More
9/20/2022 | Posted in Canadian Housing Market by Ron Hyde
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In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More
9/19/2022 | Posted in Canadian Housing Market by Ron Hyde
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"It's abundantly clear where the worst spots are," says BMO economist ... More
9/15/2022 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More
8/25/2022 | Posted in Canadian Housing Market by Ron Hyde
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While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More
8/19/2022 | Posted in Canadian Housing Market by Ron Hyde
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Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More
8/16/2022 | Posted in Canadian Housing Market by Ron Hyde
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Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More
8/15/2022 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More
7/18/2022 | Posted in Canadian Housing Market by Ron Hyde
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The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month ... More
7/15/2022 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More
6/16/2022 | Posted in Canadian Housing Market by Ron Hyde
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Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More
6/16/2022 | Posted in Canadian Housing Market by Ron Hyde
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In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More
6/15/2022 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More
6/13/2022 | Posted in Canadian Housing Market by Ron Hyde
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Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More
6/8/2022 | Posted in Canadian Housing Market by Ron Hyde
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House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More
6/8/2022 | Posted in Canadian Housing Market by Ron Hyde
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Central bank's outsized rate increases having a big impact, according to RBC. ... More
5/25/2022 | Posted in Canadian Housing Market by Ron Hyde
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"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More
5/19/2022 | Posted in Canadian Housing Market by Ron Hyde
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Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More
5/17/2022 | Posted in Canadian Housing Market by Ron Hyde
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The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More
5/17/2022 | Posted in Canadian Housing Market by Ron Hyde
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After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More
5/16/2022 | Posted in Canadian Housing Market by Ron Hyde
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The annual pace of new home construction in April surpassed analysts' expectations ... More
4/26/2020 | Posted in Canadian Housing Market by Ron Hyde
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The national market can still provide some impetus for home price growth despite declining sales, according to Royal Bank of Canada Senior Economist Robert Hogue. ... More
4/21/2020 | Posted in Canadian Housing Market by Ron Hyde
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Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More
4/16/2020 | Posted in Canadian Housing Market by Ron Hyde
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The outlook on the Canadian housing market: RBC ... More
4/15/2020 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020. ... More
4/8/2020 | Posted in Canadian Housing Market by Ron Hyde
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The trend in housing starts was 204,717 units in March 2020, compared to 209,109 units in February 2020, according to Canada Mortgage and Housing Corporation (CMHC). ... More
4/2/2020 | Posted in Canadian Housing Market by Ron Hyde
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home. ... More
3/21/2020 | Posted in Canadian Housing Market by Ron Hyde
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Realtors across Canada are kicking off the busy spring selling season with the unprecedented step of cancelling open houses, moves that could contribute to slower-than-forecast ... More
3/17/2020 | Posted in Canadian Housing Market by Ron Hyde
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RBC senior economist Robert Hogue gives his latest housing market assessment ... More
3/16/2020 | Posted in Canadian Housing Market by Ron Hyde
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More
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