home price data Archives - Page 2 of 2 - Mortgage Rates & Mortgage Broker News in Canada

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.”

Home sales up in major metro areas as buyers bet on rate cuts later this year

March 6, 2024 No Comments

Sentiment appears to be improving in major real estate markets across the country, with most reporting an increase in sales activity in February.

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.

Home prices could be in “another leg down,” as housing weakness spreads

November 15, 2023 No Comments

Weakness in Canada’s housing markets is now spreading beyond the major markets of Vancouver and Toronto, the latest data reveal.

Canadian housing activity slows in August following Bank of Canada rate hikes

BoC’s summer rate hikes continue to slow housing activity…except in Alberta and Atlantic Canada

September 15, 2023 No Comments

Real estate markets across the country continued to lose steam in August following the latest Bank of Canada rate hikes in June and July. Everywhere outside of Alberta and some pockets of Atlantic Canada, that is.

Long-term view shows Toronto and Vancouver home prices remain elevated despite recent declines

August 22, 2023 No Comments

Despite detached home prices in Toronto and Vancouver posting year-over-year declines in the first half of the year, a longer-term view shows prices are still elevated, and in many cases higher compared to two or three years ago.

Why is there a lack of new home listings in Canada?

May 17, 2023 1 Comment

Something unusual is happening across most Canadian housing markets this year. In the past, as the springtime was approaching, new home listings were usually rising more strongly than home sales. This year, the opposite is the case.

Canadian home prices back on the rise in April

Home sales bounce back in April as national average home price rises back above $700,000

May 15, 2023 No Comments

Despite affordability challenges, rising housing demand has pushed Canada’s national average home price up to $716,000, in April.

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.

Young couple sitting on the sidelines to buy a home

September housing data shows buyers are sitting on the sidelines

October 5, 2022 No Comments

The country’s largest metro areas all saw steep declines in home sales in September as would-be homebuyers wait on the sidelines.

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