canadian real estate market outlook News and Articles | My Blog
Fledgling Canadian Housing Market Momentum Hits Pause in July
8/15/2024 | Posted in Canadian Housing Market by Paul DeAdder
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
Canadian Housing Activity Sees Another Quiet Month in May
6/17/2024 | Posted in Canadian Housing Market by Paul DeAdder
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
Canadian Home Sales Showing Signs of Recovery
2/14/2024 | Posted in Canadian Housing Market by Paul DeAdder
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
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
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
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
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.
... MoreCanadian Home Sales See Downward Trend Continue in October
11/15/2023 | Posted in Canadian Housing Market by Paul DeAdder
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined on a month-over-month basis in October 2023.
... MoreProperty taxes are out of step with CRE investors facing oversized costs
10/16/2023 | Posted in Commercial Real Estate by Paul DeAdder
Altus Group research finds commercial tax rates 3x higher than residential in more than half of cities surveyed
... MoreCanadian Home Sales Ease Again in September
10/13/2023 | Posted in Canadian Housing Market by Paul DeAdder
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.
... MoreNo end in sight to housing affordability crisis, says BMO's Guatieri
8/28/2023 | Posted in Canadian Housing Market by Paul DeAdder
The Bank of Canada's June and July interest rate increases essentially put a stop to the housing market’s recovery, says analyst.
... MoreCanadian Home Sales See Little Change From June to July
8/15/2023 | Posted in Canadian Housing Market by Paul DeAdder
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.
... MoreHome prices have some support despite sales slowdown
4/26/2020 | Posted in Canadian Housing Market by Paul DeAdder
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.
... MorePandemic Throws Housing Market off Course
4/16/2020 | Posted in Canadian Housing Market by Paul DeAdder
The outlook on the Canadian housing market: RBC
... MoreCanadian home sales and listings down in March
4/15/2020 | Posted in Canadian Housing Market by Paul DeAdder
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and listings were down sharply between February and March 2020.
... MoreNational Home Prices to Show Remarkable Resilience in 2020
4/14/2020 | Posted in Canadian Housing Market Predictions by Paul DeAdder
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
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).
... MoreCanadian Home Sales Brace for 30% Drop on Virus
4/2/2020 | Posted in Canadian Housing Market by Paul DeAdder
Real estate listings are drying up, open houses have been canceled, and buyers are staying home.
... MoreCanada set for muted spring home-selling season as coronavirus saps sentiment
3/21/2020 | Posted in Canadian Housing Market by Paul DeAdder
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
RBC senior economist Robert Hogue gives his latest housing market assessment
... MoreCanadian home sales up in February
3/16/2020 | Posted in Canadian Housing Market by Paul DeAdder
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020.
... MoreCanadian housing starts declined in February
3/9/2020 | Posted in Canadian Housing Market by Paul DeAdder
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).
... MoreWhat the Bank of Canada rate cut means for mortgages
3/5/2020 | Posted in Mortgages and Real Estate by Paul DeAdder
Remember the Bank of Canada’s anxiety over worrisome consumer debt loads and housing imbalances? So much for that.
... MoreCoronavirus-driven rate cut could add kerosene to Canada's housing market
3/4/2020 | Posted in Canadian Housing Market by Paul DeAdder
Lower mortgage rates likely to offset any major drag from a global outbreak
... MoreImmigration continues to supercharge the engines of Canadian housing
2/19/2020 | Posted in Canadian Housing Market by Paul DeAdder
The pace of inbound immigration to Canada – cited as the fastest among the G7 nations – is driving an unprecedented housing boom.
... MoreCanadian home sales down in January
2/15/2020 | Posted in Canadian Housing Market by Paul DeAdder
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales declined between December 2019 and January 2020.
... MoreCanadian home prices accelerated in 2019 says Statistics Canada
1/30/2020 | Posted in Canadian Housing Market by Paul DeAdder
Quarterly price trend report shows most major markets posted gains.
... MoreCanadian home sales inch lower in December
1/15/2020 | Posted in Canadian Housing Market by Paul DeAdder
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales eased between November and December 2019.
... MoreCanadian housing starts trended lower in December
1/10/2020 | Posted in Canadian Housing Market by Paul DeAdder
There was a decline in the 6-month moving trend in Canadian housing starts in December.
... MoreCEO 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
Royal Bank of Canada chief executive Dave McKay told a banking conference on Tuesday that the mortgage stress test has “generally been good ... More
