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Higher interest rates are likely to continue offsetting the effect of lower home prices

How could the news impact the national housing market?

Many Canadian homebuyers were sidelined after interest rates climbed to the highest level in more than a decade last year, but a new report found most individuals that ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in February 2023.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in January 2023.

Investors made up between one-fifth and one-third of home purchases in 2020, according to new data from Statistics Canada.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in December 2022.

Home prices in Canada likely won't drop much further due to the country's ongoing shortage of new homes, even as rising interest rates curb some demand in the market, ... More

National aggregate home price posts single-digit year-over-year decline in Q4 over 2021; double-digit growth compared to 2020 and 2019

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down on a month-over-month basis in November 2022.

The decline in national home prices this year will not turn into a prolonged downfall like the one that happened in the early 1990s.

Sales data shows some positive signs and Scotiabank believes the market could be on course for better days ahead.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged a little higher in October 2022.

In September, the seasonally adjusted composite index fell by 2.0%, matching the previous month’s record decline and representing a fifth consecutive monthly ... More

Canada Mortgage and Housing Corp. says the annual pace of housing starts in September rose to the highest level since November 2021.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in September 2022.

TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year.

While home prices across Canada are projected to fall further into the early part of next year, the housing market is in the midst of a correction rather than a crash, ... More

10 million households own their home, while 5 million rent. But the gap is narrowing.

In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its ... More

"It's abundantly clear where the worst spots are," says BMO economist

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022.

While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue.

Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics.

Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022.

The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022.

Bouts of pain in property prices could help wake market up to economic and wage realities, economist says

In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels.