CREA
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May was ‘another sleepy month’ for homebuyers. Will a rate cut wake them up?The Canadian housing market remained cool in May, but CREA commentators expect the first interest rate cut of the cycle will bring buyers off the sidelines in months to come.MoneyJun 17
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Listings surge met few buyers in April. What that means for spring housing marketThe Canadian housing market is seeing a boost in listings but a slowdown in sales so far this spring, according to the national real estate association.MoneyMay 15
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Slow February home sales signal ‘things are about to pick up’: CREAHome prices were flat in February, according to the Canadian Real Estate Association, snapping a five-month streak of declines in the housing market.MoneyMar 18
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Canada’s housing market hit an ‘unexpected surge’ heading in 2024. Will it last?Canadian home sales picked up steam unexpectedly in December, with one CREA economist saying buyers and sellers came together to get deals done before the end of 2023.MoneyJan 15
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Ontario sees bulk of home price drops. These markets are also seeing declinesRoyal LePage is forecasting a turn to the pandemic home price peaks in 2024, but not every market is expected to see such a turnaround.MoneyDec 14, 2023
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Housing market likely in ‘hibernation’ until next spring, CREA data showsCanada's housing market continued to slow down in October, CREA data shows, with a growing trend of buyers and sellers alike shelving their plans.MoneyNov 15, 2023
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Canada is in for a cooler winter in real estate as sales slow: CREASeptember was the third straight month there was a drop in home sales, although its drop was about half as large as the one in August.CanadaOct 13, 2023
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Home sales fell in August. Why that might be good news for buyersCanadian home prices are stabilizing heading into the fall, CREA said Friday, as higher interest rates cool demand among buyers and the level of new listings grows.MoneySep 15, 2023
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‘Back to the sidelines?’ How rate hikes affected July’s housing marketCREA says housing activity has been generally stabilizing from a busy spring as the Bank of Canada resumed its interest rate hiking cycle in June and July.MoneyAug 15, 2023
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Canada’s hot housing market ‘settling down’ amid rate hikes, new listingsCanada's housing market showed signs of cooling in June amid a return to interest rate hikes and a jump in newly listed homes, according to CREA.MoneyJul 14, 2023
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