Blog

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

The aggregate price of a house in Canada's recreational regions is forecast to increase 15 per cent in 2021 to $502,730, as demand continues to rapidly outpace ... More

A record share of Canadians expect home prices will continue hitting new highs, an exuberance that adds to concern the housing market is entering a speculative bubble.

While home prices continued to increase between November and January, their rate of growth was declining on a monthly basis. That changed in February as monthly home price ... More

If home prices continue shooting up, even in spite of rising rates, some economists say it may force policy action

The national average home price is forecast to rise by 16.5 per cent to just over $665,000 in 2021. The Canadian Real Estate Association said its outlook suggests home sales ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in February 2021.

Canada’s housing market is in a “huge bubble” after months of runaway price gains, according to economist David Rosenberg, who was bearish on US real estate ... More

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in January 2021.

The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and ... More

The share of renters who are planning to buy has quadrupled, and what they want to buy is changing.

Despite quickly rising home prices and the uncertainty unleashed by the COVID-19 pandemic, a majority (80%) of Canadians still believe home ownership is a good investment.

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in December 2020.