5/19/2022 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years.

... More

Residential Market - Lingering heat in the housing market

  5/17/2022 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March.

... More

Home prices fall for the second straight month to an average of $746,146

  5/17/2022 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

National home sales drop over 12% in April as higher rates kick in

  5/16/2022 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

The annual pace of new home construction in April surpassed analysts' expectations

... More

CMHC reveals Canadian housing starts latest

  4/26/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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.

... More

Home prices have some support despite sales slowdown

  4/21/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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 Paul Solomons
  SHARE

The outlook on the Canadian housing market: RBC

... More

Pandemic Throws Housing Market off Course

  4/15/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020.

... More

Canadian home sales and listings down in March

  4/8/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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).

... More

Canadian housing starts declined in March

  4/2/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Real estate listings are drying up, open houses have been canceled, and buyers are staying home.

... More

Canadian Home Sales Brace for 30% Drop on Virus

  3/21/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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 Paul Solomons
  SHARE

RBC senior economist Robert Hogue gives his latest housing market assessment

... More

Is coronavirus about to prompt a house price crash?

  3/16/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020.

... More

Canadian home sales up in February

  3/9/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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).

... More

Canadian housing starts declined in February

  3/4/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Lower mortgage rates likely to offset any major drag from a global outbreak

... More

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

  2/21/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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 Paul Solomons
  SHARE

The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.

... More

Immigration continues to supercharge the engines of Canadian housing

  2/15/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.

... More

Canadian home sales down in January

  2/10/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

The national trend in housing starts essentially held steady in January.

... More

Canadian housing starts unchanged in January

  2/5/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

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.

... More

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

  1/30/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Quarterly price trend report shows most major markets posted gains.

... More

Canadian home prices accelerated in 2019 says Statistics Canada

  1/15/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.

... More

Canadian home sales inch lower in December

  1/10/2020 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

There was a decline in the 6-month moving trend in Canadian housing starts in December.

... More

Canadian housing starts trended lower in December

  12/16/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales continued to edge higher in November 2019.

... More

Canadian home sales edge higher in November

  11/25/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Canadians are satisfied with their homes and neighbourhoods but will probably not stay put according to a new survey.

... More

Canada is a nation of movers

  11/22/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Some fresh information on the status of the First-Time Home Buyer Incentive (FTHBI) and a possible increase on the $1M cap for insured ... More

CMHC's Siddall Defends Policies, Provides Update on the FTHBI

  11/15/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were unchanged from September to October 2019.

... More

Canadian home sales hold steady in October

  11/7/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

The Canadian housing market showed that it was “fairly robust” in October according to the latest market report from RBC Economics.

... More

RBC: Canada's housing market is fairly robust despite some issues

  11/6/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Tighter mortgage regulations are making Canada’s housing market less risky, according to the government agency responsible for its oversight.

... More

Mortgage stress tests boosted Canada's financial stability: CMHC

  10/22/2019 | Posted in Canadian Housing Market by Paul Solomons
  SHARE

Here's a look at promises Trudeau made on housing during the campaign.

... More

Liberals win minority in federal election
Ask Paul Solomons

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 3 + 15 =