home sales Archives - Page 2 of 12 - Mortgage Rates & Mortgage Broker News in Canada

National home sales finish strong in 2024, as association forecasts rebound this year

January 15, 2025 No Comments

The number of homes that changed hands across the country in December was up 19.2% compared with a year earlier, as the Canadian Real Estate Association says a strong fourth quarter bodes well for a rebound in sales in 2025.

National home sales continue surging, prices rise amid falling interest rates: CREA

December 16, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in November rose 26% compared with a year ago, marking the second straight month of large year-over-year gains.

National home sales surge in October after previous month’s supply bump: CREA

November 15, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in October rose 30% compared with a year ago, marking a shift from the market’s holding pattern.

Calgary sees sales surge for homes over $600K, lower-end supply tightens

November 2, 2024 No Comments

Demand for higher-priced homes drove Calgary’s October sales, while a lack of affordable options kept the market tight in lower price ranges.

National housing market in ‘holding pattern’ as buyers patient for lower rates: CREA

September 16, 2024 No Comments

The Canadian Real Estate Association says the number of homes sold in August fell compared with a year ago as the market remained largely “stuck in a holding pattern” despite borrowing costs beginning to come down.

Home sales in Canada’s largest cities picked up in June, but remain sluggish

July 8, 2024 No Comments

The Bank of Canada’s rate cut last month likely contributed to the uptick in resale activity, but experts caution that the market remains sluggish by historical standards.

Montreal home sales rise in June as prices continue to climb: real estate board

July 4, 2024 No Comments

The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales rose 6.4% in June compared with the same month last year.

Greater Toronto home sales down 16% in June despite Bank of Canada’s rate cut: board

July 4, 2024 No Comments

The Toronto Regional Real Estate Board says home sales in June declined 16.4% from last year, with many potential buyers staying on the sidelines despite the highly anticipated Bank of Canada interest rate cut.

Vancouver home sales fall 19% in June as inventory continues to build: board

July 3, 2024 No Comments

Greater Vancouver’s real estate board says the number of homes sold in June tumbled 19.1% from the previous year as inventory continued accumulating to levels not seen since the spring of 2019.

Calgary home sales fall in June but still above long-term trends: board