home prices Archives - Mortgage Rates & Mortgage Broker News in Canada

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Ottawa has to allow home prices to fall to make housing more affordable, experts say

May 24, 2025 2 Comments

Housing experts are pushing back against a federal cabinet minister’s recent claim that home prices don’t need to go down in order to restore housing affordability.

A sold home is pictured in Vancouver, B.C.

Home sales down almost 10% annually last month: Canadian Real Estate Association

May 15, 2025 No Comments

The Canadian Real Estate Association says home sales in April fell 9.8% compared with the same month last year, as the national housing market has returned “to the quiet markets we’ve experienced since 2022.”

Toronto-area home sales fall in April as buyers wait out trade uncertainty: board

May 6, 2025 No Comments

Home sales in the Greater Toronto Area were down 23.3% in April amid continued uncertainty over the economy.

Tariff uncertainty foils ‘slam dunk rebound year’ for national home sales: CREA

April 15, 2025 No Comments

The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3% compared with a year ago.

Vacation home market slows after pandemic boom, but prices still rising: Royal LePage

March 26, 2025 No Comments

While fewer Canadians may be looking to buy a vacation home in some regions compared with years past, a new report says prices are expected to increase in 2025 as demand still outpaces supply across most markets.

CREA reports home sales fell in February amid tariff uncertainty

March 17, 2025 No Comments

Home sales in February fell to their lowest level in more than a year as homebuyers stayed on the sidelines amid the uncertainty created by the trade war with the United States, the Canadian Real Estate Association said on Monday.

Home sales dented by tariff worries in January as listings surge: CREA

February 18, 2025 No Comments

Tariff uncertainty put downward pressure on home resales in January while total listings saw one of the biggest spikes in decades, said the Canadian Real Estate Association on Tuesday.

Vancouver real estate market shifting as more sellers enter market, January sales up

February 4, 2025 No Comments

The number of homes that changed hands in the Vancouver area rose again last month, but the city’s real estate board says new listings outpaced demand as sellers showed they’re eager to enter the market.

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

December 31, 2024 No Comments

As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring.

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.

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