Price growth continues to slow across GTA and beyond
The Canadian Real Estate Association (CREA) released its national housing market report for January 2018, announcing a three-year low in home sales through the MLS systems.
New home construction holds steady following 10-year high
The Canada Mortgage and Housing Corporation (CMHC) released its housing starts report for January 2018, announcing steady new home construction continuing from last year. The housing starts trend for January 2018 was 224,865 units, compared
Canadian home sales climb in December
The Canadian Real Estate Association (CREA) released its national home sales report for December 2017, announcing another month of increased activity. Despite the typically slow season, December 2017 was the fifth consecutive month of
Expect home sales to drop off in early 2018
The Canadian Real Estate Association (CREA) released its monthly home sales data for November 2017, and they also updated their resale housing market forecast. From October to November, national home sales jumped 3.9%, an unusual
Low evidence of overbuilding in Toronto
The Canada Mortgage and Housing Corporation (CMHC) just released its housing starts report for November 2017, announcing a surge in multiple-unit construction, partially thanks to Toronto. The housing starts trend for all of Canada last
Home sales may spike in November and December
According to the CREA, we maysee home sales spike in November and Decemeber as buyers rush to purchase before the new mortgage regulation kicks in!