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Halifax & Surrounding Area | Sutton City Realty Inc., Brokerage

canadian real estate market outlook News and Articles | My Blog

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


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


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


Property taxes are out of step with CRE investors facing oversized costs

10/16/2023 | Posted in Commercial Real Estate by Paul DeAdder

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Altus Group research finds commercial tax rates 3x higher than residential in more than half of cities surveyed

... More


Canadian Home Sales Ease Again in September

10/13/2023 | 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 were down on a month-over-month basis in September 2023.

... More


No end in sight to housing affordability crisis, says BMO's Guatieri

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

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The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.

... More


Canadian Home Sales See Little Change From June to July

8/15/2023 | 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 were only slightly changed on a month-over-month basis in July 2023.

... More


Home prices have some support despite sales slowdown

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

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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


Pandemic Throws Housing Market off Course

4/16/2020 | Posted in Canadian Housing Market by Paul DeAdder

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The outlook on the Canadian housing market: RBC

... More


Canadian home sales and listings down in March

4/15/2020 | 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 and listings were down sharply between February and March 2020.

... More


National Home Prices to Show Remarkable Resilience in 2020

4/14/2020 | Posted in Canadian Housing Market Predictions by Paul DeAdder

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According to the Royal LePage House Price Survey and Market Survey Forecast released today, the aggregate price of a home in Canada is expected to remain remarkably stable ... More


Canadian housing starts declined in March

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

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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 Home Sales Brace for 30% Drop on Virus

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

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

... More


Canada set for muted spring home-selling season as coronavirus saps sentiment

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

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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


Is coronavirus about to prompt a house price crash?

3/17/2020 | Posted in Canadian Housing Market by Paul DeAdder

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RBC senior economist Robert Hogue gives his latest housing market assessment

... More


Canadian home sales up in February

3/16/2020 | 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 between January and February 2020.

... More


Canadian housing starts declined in February

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

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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


What the Bank of Canada rate cut means for mortgages

3/5/2020 | Posted in Mortgages and Real Estate by Paul DeAdder

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Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.

... More


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

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

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

... More


Immigration continues to supercharge the engines of Canadian housing

2/19/2020 | Posted in Canadian Housing Market by Paul DeAdder

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

... More


Canadian home sales down in January

2/15/2020 | 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 between December 2019 and January 2020.

... More


Canadian home prices accelerated in 2019 says Statistics Canada

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

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Quarterly price trend report shows most major markets posted gains.

... More


Canadian home sales inch lower in December

1/15/2020 | 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 eased between November and December 2019.

... More


Canadian housing starts trended lower in December

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

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

... More


CEO of Canada's biggest bank calls for caution as Ottawa considers adjusting mortgage stress test

1/8/2020 | Posted in Mortgages and Real Estate by Paul DeAdder

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Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More


Expect a seller's market this year

1/7/2020 | Posted in Canadian Housing Market Predictions by Paul DeAdder

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The lack of housing supply is expected to remain a pressing concern this year as Canada moves further to a seller's market, market watchers say.

... More


Canadian mortgage performance to remain stable in 2020

12/18/2019 | Posted in Canadian Economy and Interest Rates by Paul DeAdder

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Canadian mortgage lenders shouldn’t worry too much about the performance of their loans in 2020 according to a new report from Fitch Ratings.

... More


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