Without Toronto and Vancouver, the average home price in Canada is below $400,000
Though it seemed like the housing market was heating up last spring, on a national level, activity was a bit less exciting, according to the latest monthly report from the Candian Real Estate Association.
All the things that will impact the housing market in 2020
If you paid any attention to the housing market at all this year, you know there were some big moves made on a national, provincial, and municipal level. With that in mind, we reviewed all of 2019 and put together a list of 2019 highlights.
Canadian home sales continue to climb through the fall
According to the Canadian Real Estate Association, home sales reported through national MLS systems in September 2019 increased 15.5% year-over-year, and came in 18% above the six-year low hit in February 2019.
GTA home prices may drop 10%
The Teranet-National Bank Composite House Price Index released Monday says Canadian home prices rose 2% in July 2017 over June, and 14.2% over last year. The monthly increase in Toronto was 2.1%, although the report claims there are signs of weakness in
Housing starts in Toronto are slowing down but remain stable
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for September 2016, announcing that every region of Canada experienced an upward trend except for Ontario.The trend measure for last month’s national housing starts
Improving your outdoor space with love and affection
Leading up to the National Home Show, we had a chance to pick the brain of outdoor expert, Peter Bonanno, Owner, Curb Appeal Concepts Inc. In the spirit of this month’s “Love” theme and with spring in sight, we asked him about backyard renos!
Will the New Home Market Heat Up with the Beautiful Weather?
Canada’s new home market has kind of been up and down over the past few months, according to Trimart Research Corporation. Last February, national housing starts decreased 16.4% to 156,300, much lower than expected for the time of the year. Trimart
Oshawa housing starts hits record high
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts figures for June 2017, announcing national starts increased. Canadian housing starts trended at 215,459 units in June, compared to 214,570 in May. The trend is a six month
Canadian home sales climb for the fifth month in a row
Despite the stress test, Canadian home sales are returning to healthy levels, according to the monthly report from the Canadian Real Estate Association. In July 2019, national home sales increased for the fifth consecutive month.
Ontario was the only area of Canada to see an increase in housing starts
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for October 2016, announcing that the trend “held steady” across Canada. The national trend measure for housing starts in October was 199,920 units, compared to 199,262
