Housing Market

• Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last?

  Canadian home sales picked up steam unexpectedly in December, with one CREA economist saying buyers and sellers came together to get deals done before the end of 2023.

  Money

  Jan 15
  
• Fixed mortgage rates are on the decline. Is now the time to lock in?

  Canadians with mortgages up for renewal or who are eyeing the spring housing market are finding relief on some fixed rate offerings. Here's what to know.

  Money

  Jan 12
  
• Advertisement
• Hamilton-area realtors report decline in residential sales for 2023 amid high lending rates

  The Realtors Association of Hamilton-Burlington (RAHB) said there was a decline in residential sales through 2023, about 11 per cent lower than the previous year.

  Canada

  Jan 5
• Advertisement
• Housing market 2024: What to expect with rate cuts in the forecast

  The Bank of Canada's policy rate could act as a barometer for the housing market in 2024, with rate cuts potentially bringing home buyers and sellers off the sidelines.

  Money

  Dec 30, 2023
• Cutting rates too soon could spur housing market ‘rebound’: Bank of Canada

  Deliberations from the latest interest rate decision at the Bank of Canada show concerns that a move too early to ease monetary policy could reignite the housing market.

  Money

  Dec 20, 2023
• Trudeau vows $100M+ to build more than 40K homes in Vancouver

  Prime Minister Justin Trudeau announced plans to build more than 40,000 homes in Vancouver in the next decade. He didn't say if the homes would be houses or apartments.

  Canada

  Dec 15, 2023
• Ontario sees bulk of home price drops. These markets are also seeing declines

  Royal LePage is forecasting a turn to the pandemic home price peaks in 2024, but not every market is expected to see such a turnaround.

  Money

  Dec 14, 2023
• Majority of Canadians say higher immigration is fuelling housing crisis: poll

  A large majority of Canadians agree that higher immigration is fuelling the housing crisis and putting pressure on the health-care system, a new Leger poll suggests.

  Canada

  Nov 29, 2023
• Advertisement
• Looking to buy a winter home? Here’s where prices have dropped in Canada

  Canada's winter recreational housing market softened in 2023, with the interest rates having a 'big effect' on buyer decisions, a Royal LePage broker said.

  Canada

  Nov 29, 2023
• Advertisement
• It’s been ‘hard to sell’ in many housing markets across Canada. Here’s why

  The housing market is slowing in many parts of Canada, leaving many home sellers waiting longer and longer for offers. Here's how that could affect prices in the market.

  Money

  Nov 18, 2023