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Canadian home prices increased in June to mark the largest 12-month gain on record as prices climbed in all 11 markets, says the Teranet National Bank composite price ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between May and June 2021.

Royal LePage is forecasting that the aggregate price of a home in Canada will increase 16 per cent to $771,500 in the fourth quarter of 2021, compared to the same quarter last ... More

A growing number of Canadians, particularly renters, are planning to buy a home in the next 12 months amid the national economy’s steady recovery, according to a new ... More

The country plans to welcome more than 1.2 million newcomers over a three-year period starting in 2021.

Canadians now owe almost $2 trillion in mortgage and home equity line of credit debt combined

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales and new listings were both down between April and May 2021.

Canada's housing market has more firepower than some economists had imagined heading into 2021 and its performance through the first half of the year has Canada's ... More

The Bank of Canada is cautiously optimistic about the country's economic recovery as vaccines continue to roll out and spending rebounds.

Canadian home prices are likely to grow by an average of 5% in the next half-year or so, but, surprisingly, the largest gains will not be in Toronto, nor in Vancouver, ... More

Canadian home sales fell from a record in April as a resurgence of COVID-19 cases and lockdown measures slowed the country’s red hot housing market.

The trend in housing starts was 279,055 units in April 2021, up from 272,164 units in March 2021, according to Canada Mortgage and Housing Corporation (CMHC).

Canada Mortgage and Housing Corp. says the average home price could rise by as much as 14% this year, but the pace of sales could moderate by the end of 2023 if broad immunity ... More

Housing affordability in Canada has declined the most in two years

Unconditional offers are poor choices and our courts have shown little empathy for failed purchasers, repeatedly holding that vendors have no obligation to accommodate ... More

TD Bank is forecasting that home prices have further to rise yet before finally starting to lose steam by the end of the year.

Effective May 3, 2021, the Federal Government will be expanding the First Time Home Buyer Incentive program to enhance eligibility in Toronto, Vancouver and Victoria Census ... More

Louis Vachon says further analysis needed to understand if housing market trends are permanent

The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021, according to Canada Mortgage and Housing Corporation (CMHC).

The Canadian housing market hit a new record with more properties changing hands in March than any month in history, as sky-high prices lured more homeowners to try to cash ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in March 2021 as increased supply became ... More

The aggregate price of a home in Canada increased 14.1 per cent year-over-year to $749,165 in the first quarter of 2021, as strong demand continues to outpace supply in ... More

In the pandemic-linked housing boom, average residential property values have become decoupled from average incomes over vast swathes of the country.

One in five Canadians are hoping for a significant fall in housing prices, a sign of the mounting frustration felt by many people looking to get into the country's hot ... More

Feds face pressure over hot housing market ahead of 2021 budget

The Bank of Canada is seeing “worrying” signs that some Canadians are taking on too much debt to buy into the nation’s hot housing market.

Sales of homes valued at $4 million or more in the Greater Toronto Area saw a 157 per cent jump in activity.

BMO Economics isn’t ruling out the possibility of a policy response to cool rapidly overheating Canadian real estate markets.

Long-term risks to the economy are being exacerbated by outsized demand, shrinking inventory

Sustained housing price increases still outpacing the recovery in fundamental factors, such as labour income, means Canada's national housing market remains moderately ... More