9/15/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in August 2023.

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Canadian Home Sales Fall Back in August

  8/28/2023 | Posted in Canadian Housing Market by Ruth Halperin
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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.

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No end in sight to housing affordability crisis, says BMO's Guatieri

  8/28/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data.

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What's next for home prices in Canada?

  8/15/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were only slightly changed on a month-over-month basis in July 2023.

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Canadian Home Sales See Little Change From June to July

  7/21/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Canada’s expected population growth will worsen the already limited housing supply and result in even higher home prices, according to a new report.

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The latest in mortgage news: record population growth to keep upward pressure on home prices

  7/14/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023.

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Canadian Home Sales Showing Signs of Stabilization in June

  7/14/2023 | Posted in Canadian Housing Market by Ruth Halperin
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The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and average home prices via Multiple Listing Service® (MLS®) Systems of ... More

CREA Downgrades Resale Housing Market Forecast

  6/20/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Home prices rose between April and May across Canada’s big cities, according to Teranet-National Bank™ Composite House Price Index

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Canada home prices rose in May

  6/16/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Canada’s housing market is picking up steam. Both home resales and prices continued to rise at rapid clips in May. And odds are they will climb further in June with more ... More

Canada's housing market recovery gains more traction

  6/15/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023.

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Canadian home sales continue to pick up steam in May

  6/3/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Stable interest rates and a continued cooling in home prices helped give housing affordability in Canada its biggest jump in almost four years in the first quarter of 2023, ... More

Housing affordability in Canada just saw the biggest improvement in almost 4 years

  5/26/2023 | Posted in Canadian Housing Market by Ruth Halperin
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Higher interest rates have not been an impediment to residential investors, new report says

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Appetite for investment property remains strong, says Royal LePage

  4/26/2020 | Posted in Canadian Housing Market by Ruth Halperin
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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.

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Home prices have some support despite sales slowdown

  4/21/2020 | Posted in Canadian Housing Market by Ruth Halperin
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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

Home prices could fall 5% amid pandemic

  4/16/2020 | Posted in Canadian Housing Market by Ruth Halperin
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The outlook on the Canadian housing market: RBC

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Pandemic Throws Housing Market off Course

  4/15/2020 | Posted in Canadian Housing Market by Ruth Halperin
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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.

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Canadian home sales and listings down in March

  4/8/2020 | Posted in Canadian Housing Market by Ruth Halperin
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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).

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Canadian housing starts declined in March

  4/2/2020 | Posted in Canadian Housing Market by Ruth Halperin
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Real estate listings are drying up, open houses have been canceled, and buyers are staying home.

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Canadian Home Sales Brace for 30% Drop on Virus

  3/21/2020 | Posted in Canadian Housing Market by Ruth Halperin
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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

Canada set for muted spring home-selling season as coronavirus saps sentiment

  3/17/2020 | Posted in Canadian Housing Market by Ruth Halperin
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RBC senior economist Robert Hogue gives his latest housing market assessment

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Is coronavirus about to prompt a house price crash?

  3/16/2020 | Posted in Canadian Housing Market by Ruth Halperin
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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.

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Canadian home sales up in February

  3/9/2020 | Posted in Canadian Housing Market by Ruth Halperin
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The trend in housing starts was 208,525 units in February 2020, compared to 211,153 units in January 2020, according to Canada Mortgage and Housing Corporation (CMHC).

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Canadian housing starts declined in February

  3/4/2020 | Posted in Canadian Housing Market by Ruth Halperin
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Lower mortgage rates likely to offset any major drag from a global outbreak

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Coronavirus-driven rate cut could add kerosene to Canada's housing market

  2/21/2020 | Posted in Canadian Housing Market by Ruth Halperin
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Canada’s housing market remains moderately vulnerable, while Toronto and Hamilton are seeing overheating and price acceleration, but that overvaluation seems to remain ... More

CMHC says housing vulnerability moderate, Toronto and Hamilton overheating

  2/19/2020 | Posted in Canadian Housing Market by Ruth Halperin
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The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.

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Immigration continues to supercharge the engines of Canadian housing

  2/15/2020 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

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Canadian home sales down in January

  2/10/2020 | Posted in Canadian Housing Market by Ruth Halperin
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The national trend in housing starts essentially held steady in January.

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Canadian housing starts unchanged in January

  2/5/2020 | Posted in Canadian Housing Market by Ruth Halperin
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The chief executive of the Bank of Nova Scotia says Canada’s housing market needs more supply, not a major change to the mortgage stress test.

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Focus on housing supply, not the mortgage stress test, says Scotiabank CEO

  1/30/2020 | Posted in Canadian Housing Market by Ruth Halperin
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Quarterly price trend report shows most major markets posted gains.

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Canadian home prices accelerated in 2019 says Statistics Canada

  1/15/2020 | Posted in Canadian Housing Market by Ruth Halperin
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Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.

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Canadian home sales inch lower in December
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