Home prices will finish 2020 up 7% despite pandemic: Royal LePage

Home prices will finish 2020 up 7% despite pandemic: Royal LePage

Even as concerns over the fast-growing second wave of COVID-19 continue to rise, one of Canada?s largest real estate franchisers is projecting that Canadian home prices will end the year up substantially over 2019. Royal LePage, which published its House Price Survey...
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...
Builders record busiest month for home construction in 13 years

Builders record busiest month for home construction in 13 years

Canadian housing starts, led by a blazing construction pace in Ontario, accelerated to the highest level seen in 13 years in August. On a national level, starts reached 262,400 annualized units in August, up seven percent from July?s reading for the fastest pace of...
Home price index records smallest July increase in 15 years

Home price index records smallest July increase in 15 years

The closely monitored Teranet-National Bank Home Price Index logged a 0.3 percent increase in July, the smallest rise seen for the month in 15 years. The national index, a composite of home prices in 11 Canadian metropolitan areas, was expected to see a slowdown in...

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