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...
Home price gains in June erase almost all pandemic losses

Home price gains in June erase almost all pandemic losses

Canada?s housing market came roaring back in June, with country-wide home sales tracked by the Canadian Real Estate Association (CREA) returning to normal levels for the month. Toronto, Montreal and Vancouver led the way in sales gains for June, with transactions...
Housing market rebound will slow down by fall: RBC

Housing market rebound will slow down by fall: RBC

Strong June home sales data from Toronto and Vancouver finally gave wary homebuyers and industry professionals the dose of good news that they?d sorely needed. Toronto home sales last month were up 84 percent from May and down only 1.4 percent from where they were in...
Housing to become more affordable before end of 2020: RBC

Housing to become more affordable before end of 2020: RBC

The early months of the COVID-19 pandemic will be remembered for the sharp fall in home sales and listings as anxious buyers and sellers moved cautiously to the sidelines amidst unprecedented economic uncertainty. Now, as the landscape tentatively brightens and the...
Canadian home prices to fall 9% by early 2021: Oxford Economics

Canadian home prices to fall 9% by early 2021: Oxford Economics

A consensus is emerging among Canadian economists and market commentators that home prices are heading for a decline even as businesses reopen across the country. The latest organization to join the chorus of voices predicting a price drop are economists Tony Stillo...

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