9/22/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

10 million households own their home, while 5 million rent. But the gap is narrowing. ... More

Renting is growing twice as fast as home ownership, census reveals

  9/20/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

In addition to recording a fourth consecutive monthly decline on a seasonally adjusted basis, the Teranet-National Bank Composite House Price Index™ experienced its largest ... More

Teranet-National Bank House Price Index: Record price drop in August

  9/19/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

"It's abundantly clear where the worst spots are," says BMO economist ... More

Which Canadian cities are seeing home prices fall the fastest?

  9/15/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed slightly in August 2022. ... More

Canadian home sales post small decline from July to August

  8/25/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

While market activity has decelerated significantly in recent months, several factors will act in concert to prevent an all-out housing crash, market observers argue. ... More

How likely is a Canadian housing crash?

  8/19/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Immigration and shrinking household size will support Canada’s property market through the current correction according to a new report from RBC Economics. ... More

Demographics a powerful counterforce in Canada's housing market correction

  8/16/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Canada Mortgage and Housing Corp. says the annual pace of housing starts in July edged higher compared with June despite a slowdown in urban starts. ... More

CMHC reports annual pace of housing starts up 1.1 per cent in July

  8/15/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales slowed further in July 2022. ... More

Canadian home sales slow further in July

  7/18/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

The trend in housing starts was 258,295 units in June, up from 252,444 units in May, according to Canada Mortgage and Housing Corporation (CMHC). This trend measure is a six-month ... More

Canadian housing starts trend higher in June

  7/15/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in June 2022. ... More

Canadian home sales down again in June, but declines are getting smaller

  6/16/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Bouts of pain in property prices could help wake market up to economic and wage realities, economist says ... More

Desjardins predicts housing downturn would address 'unhealthy' market

  6/16/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

In May, the number of new homes that started construction in Canada trended lower compared to the previous month, but still remained at elevated levels. ... More

Canadian housing starts trend lower in May

  6/15/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down in May 2022. ... More

Canadian home sales slow again in May

  6/13/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Nearly one in four homeowners say they will have to sell their home if interest rates go up further, according to a new debt survey from Manulife Bank of Canada. ... More

Nearly 1 in 4 homeowners would have to sell if interest rates rise more, survey finds

  6/8/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

House prices are set to continue falling across Canada as a result of the current market cooldown, with the only question being by how much, according to a well-known economist. ... More

Canada home prices - why they're falling

  6/8/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Central bank's outsized rate increases having a big impact, according to RBC. ... More

RBC: May was a turning point for home sales in multiple markets

  5/25/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

"This is more likely to be a soft landing than a severe correction or some kind of crash or meltdown" ... More

A Canada housing crash? Don't count on it, says RBC economist

  5/19/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Canada’s housing market is cooling down but it is still hotter than the long-term average and will likely stay that way for the next couple of years. ... More

Residential Market - Lingering heat in the housing market

  5/17/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

The average price for a house in Canada fell for the second straight month in April, posting a 12.6% decline from March. ... More

Home prices fall for the second straight month to an average of $746,146

  5/17/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

After two years of red-hot market activity, higher borrowing costs are causing a cool down in Canada’s feverish real estate markets during the traditionally busy spring ... More

National home sales drop over 12% in April as higher rates kick in

  5/16/2022 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

The annual pace of new home construction in April surpassed analysts' expectations ... More

CMHC reveals Canadian housing starts latest

  4/26/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

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

Home prices have some support despite sales slowdown

  4/21/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Canadian home prices could fall a “relatively modest” five per cent by July as some owners are forced to sell in the face of the economic hardship brought on by ... More

Home prices could fall 5% amid pandemic

  4/16/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

The outlook on the Canadian housing market: RBC ... More

Pandemic Throws Housing Market off Course

  4/15/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

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

Canadian home sales and listings down in March

  4/8/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

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 housing starts declined in March

  4/2/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

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

Canadian Home Sales Brace for 30% Drop on Virus

  3/21/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

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

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

  3/17/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

RBC senior economist Robert Hogue gives his latest housing market assessment ... More

Is coronavirus about to prompt a house price crash?

  3/16/2020 | Posted in Canadian Housing Market by Catherine Methven
  SHARE

Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up between January and February 2020. ... More

Canadian home sales up in February

Thinking of buying or selling a property, or have a question regarding the real estate market? Fill out the form below and I'll get back to you promptly.

Security Question: 12 + 8 =