Canadian home sales Archives - Page 2 of 3 - Mortgage Rates & Mortgage Broker News in Canada

Home sales dip in April from prior month as spring listings perk up: CREA

May 15, 2024 No Comments

The Canadian Real Estate Association says the number of homes changing hands in April fell from the previous month despite an influx of new listings hitting the market.

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago. A West-end Toronto home for sale is shown in this July 15, 2023 file photo. THE CANADIAN PRESS/Graeme Roy The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago. A West-end Toronto home for sale is shown in this July 15, 2023 file photo. THE CANADIAN PRESS/Graeme Roy

National home sales in February up nearly 20% compared with year ago

March 18, 2024 No Comments

The Canadian Real Estate Association says February home sales jumped 19.7 per cent compared with a year ago in what could mark the “last relatively uneventful month of the year.”

Canada’s housing rebound continued in January. What should buyers expect this spring?

February 14, 2024 No Comments

January marked the second straight month of higher home sales in Canada, which are now up 22% from a year ago.

2023 marked 15-year low in Canadian home sales, but ended with December “bounce”

January 15, 2024 No Comments

Canadian existing home sales reached their lowest level in 15 years in 2023, although the year did end on a high note with a December “bounce” in activity.

Canadian home prices face downward pressure as inventory builds and sales slow

October 13, 2023 No Comments

The trend of falling home sales and a growing number of listings continued in September, which observers say should keep downward pressure on prices.

Higher interest rates put a chill on Canada’s housing markets in July

August 15, 2023 No Comments

Home sales and prices continued to ease in July following the two latest rate hikes from the Bank of Canada.

A rebound in Canada’s housing market contributed to the BoC’s decision to hike rates in June

June 21, 2023 No Comments

Ongoing excess demand in the economy, including a recent rebound in existing home sales, contributed to the Bank of Canada’s decision to hike interest rates earlier this month.

Canadian housing market continues to surge as resale prices rise for fourth straight month

June 15, 2023 No Comments

Average resale home prices continued to climb in May, marking the fourth consecutive monthly increase, the Canadian Real Estate Association reported today.

Homes sales and prices up again in March. Is it the start of a trend?

April 16, 2023 No Comments

Both existing home sales and average prices were up on a monthly basis in March, while housing inventory got even tighter.

National average home price rises $50k in February

March 15, 2023 No Comments

On a non-seasonally adjusted basis, home prices registered their first monthly rise in six months, jumping over $50,000 to $635,000.

Canadian home sales