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Paul DeAdder | Real Estate Sales Representative Serving 
Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

canadian housing market slowdown News and Articles | My Blog

Canadian Home Sales Edge Up Again Following Third Interest Rate Cut

10/15/2024 | Posted in Canadian Housing Market by Paul DeAdder

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Following the Bank of Canada's third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern ... More


Fledgling Canadian Housing Market Momentum Hits Pause in July

8/15/2024 | Posted in Canadian Housing Market by Paul DeAdder

crea-news-18.jpg - Real Estate News

While there were early signs of renewed momentum in June following the Bank of Canada’s first interest rate cut since 2020, activity in Canada’s housing market took ... More


Bank of Canada sees less risk of housing market overheating as demand softens

8/7/2024 | Posted in Canadian Economy and Housing Market by Paul DeAdder

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The Bank of Canada sees less risk of housing market overheating due to affordability issues.

... More


Canadian Housing Activity Perks Up in June

7/12/2024 | Posted in Canadian Housing Market by Paul DeAdder

crea-news-18.jpg - Real Estate News

Activity in Canada's housing market saw some early signs of renewed life in June 2024, following the Bank of Canada's interest rate cut at the beginning of the ... More


Canadian Housing Activity Sees Another Quiet Month in May

6/17/2024 | Posted in Canadian Housing Market by Paul DeAdder

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While May was another relatively uneventful month for many Canadian housing markets with national month-over-month home sales edging slightly lower and new listings moving only ... More


Home Buyers Remain Cautious Amid Increasing Spring Listings

5/15/2024 | Posted in Canadian Housing Market by Paul DeAdder

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Canadian home sales dipped in April 2024 when compared to March, even as the number of properties available for sale rose to kick off the spring market.

... More


Canadian Home Sales Showing Signs of Recovery

2/14/2024 | Posted in Canadian Housing Market by Paul DeAdder

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Following a weak second half of 2023, home sales over the last two months are showing signs of recovery, according to the latest data from the Canadian Real Estate Association ... More


Market participants still expect the first Bank of Canada rate cut in April

2/5/2024 | Posted in Canadian Economy and Interest Rates by Paul DeAdder

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Despite push-back from the Bank of Canada against aggressive rate-cut predictions, a majority of influential economists and analysts still expect rates to start falling by ... More


Canada's housing market to stabilize, but don't expect return to "rollicking" price gains, BMO says

1/29/2024 | Posted in Canadian Housing Market by Paul DeAdder

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Stability is expected to return to the country’s housing market this year as interest rates ease, but homeowners shouldn’t expect a return to the ... More


Canadian Home Sales See Unexpected Surge to Close Out 2023

1/15/2024 | Posted in Canadian Housing Market by Paul DeAdder

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

... More


'A buyers' market with no buyers': CIBC economist on housing market

12/13/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Some home sellers are struggling to find buyers amid high mortgage costs, according to an economist who says Canada’s housing market is in the midst of “a very ... More


Home prices will return to pandemic peak by end of 2024: report

12/14/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Home prices across Canada are expected to climb next year with expected Bank of Canada rate cuts poised to reinvigorate the housing market, according to a new report.

... More


Canadian Home Sellers Joining Buyers on the Sidelines

12/15/2023 | Posted in Canadian Housing Market by Paul DeAdder

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The latest statistics released by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023.

... More


Canadian Home Sales See Downward Trend Continue in October

11/15/2023 | Posted in Canadian Housing Market by Paul DeAdder

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

... More


Home resales fall by 1.9 per cent across Canada, new listings on the rise: RBC

10/17/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Home resales fell by 1.9 per cent across Canada in September, the third month in a row that resale rates have dropped, according to a new report by RBC.

... More


Single-detached housing starts down 25% from last year: CMHC

10/5/2023 | Posted in New Developments by Paul DeAdder

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The number of new single-detached houses under construction in the first half of 2023 was down 25% compared to last year.

... More


Canadian Home Sales Ease Again in September

10/13/2023 | Posted in Canadian Housing Market by Paul DeAdder

crea-news-18.jpg - Real Estate News

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

... More


What's next for home prices in Canada?

8/28/2023 | Posted in Canadian Housing Market by Paul DeAdder

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Interest rates and borrowing costs may be surging - but Canadian home prices are continuing to rise at a rapid clip, according to new data.

... More


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