See what the average home price in Canada will be in 2020
As we approach the beginning of a new decade, it’s fair to say that 2019 was a year of recovery for Canada’s resale housing market. Now let’s take a look at what 2020 may hold.
Will the housing market kick into high gear this fall?
The next time you hear from me, it will be September. Kids will be back in school and families everywhere will consider summer over. Honestly, I’m kind of looking forward to it.
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.
Burlington offers the best quality of life, but it’s not an affordable place to live
Maclean’s conducted a study of 415 communities across Canada and ranked them based on a variety of criteria, including wealth & economy, affordability, population growth, taxes, commute times, crime, weather, health care, amenities and culture.
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.
Canadian home sales remain strong through spring
According to the Canadian Real Estate Association, Canadian home sales increased 1.9% in May compared to April 2019, hitting the 10-year average for the month.
Canadian home sales bouncing back this spring!
The Canadian Real Estate Association released its housing figures for last month, reporting that sales on a national level increased 3.6% month-over-month, based on transactions reported through Canadian MLS systems.
National home sales activity hits weakest monthly level since 2013
The Canadian Real Estate Association released its national home sales figures for March 2019, reporting a slight increase in activity.
Housing slowdown gives first-time buyers a chance in Canada’s biggest cities
Royal LePage recently released the results of its House Price Survey for the first quarter of 2019, which focuses on the three most popular housing types: two-storey homes, bungalows, and condos.
National home sales fall to lowest level since November 2012
The Canadian Real Estate Association released its monthly national sales figures for February 2019, reporting a drop in activity.