Toronto new home sales hit a 20-year high in August

Toronto new home sales hit a 20-year high in August

There were 4,539 new homes sold across the Toronto region in August, up a blazing 217 percent over the previous year and 119 percent higher than the 10-year average for the month. It was an incredible way to cap off a summer recovery that few thought would materialize...
Canadian home prices forecast to fall 7% in 2021: Moody?s

Canadian home prices forecast to fall 7% in 2021: Moody?s

Canada?s housing market mounted an impressive comeback after the springtime freeze, but a prolonged period of high unemployment and lower incomes will eventually sap the market?s current vigour. That?s the message from Moody?s Analytics Economist Abhilasha Singh, who...
Canadian home price increases accelerated in August: Teranet

Canadian home price increases accelerated in August: Teranet

A widely watched home price index tracking the Canadian housing market is firming up after posting weak results through June and July. The Teranet-National Bank Home Price Index recorded a 5.7 percent rise in August over the same period a year earlier, with five...
Canada?s housing recovery is slowing down in September: CREA

Canada?s housing recovery is slowing down in September: CREA

The Canadian housing market has caught up to where it was at the same time last year as pent-up demand from the spring was unleashed in the summer months, leading to a flurry of home sales. But, according to Canadian Real Estate Association Senior Economist Shaun...

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