Tag: Real Estate
CREA Downgrades Resale Housing Market Forecast
The Canadian Real Estate Association (CREA) has updated its forecast for home sales activity and average home prices via Multiple Listing Service® (MLS®) Systems of Canadian...
Lakelands Association Of REALTORS MLS Home Sales Edge Up In May...
Residential non-waterfront sales activity recorded through the MLS® System for the Lakelands region totalled 524 units in May 2023. This was a moderate gain...
Canadian Home Sales Continue To Pick Up Steam In May
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were up again on a month-over-month basis in May 2023.
Highlights:
National...
More Than 1 In 4 Canadians Plan To Purchase An Investment...
According to a recent Royal LePage survey conducted by Leger, 11 per cent of Canadians – that's approximately 4.4 million people – currently invest in residential...
Canadian Housing Starts Increased In April
The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada increased 22% in April (261,559 units) compared to March...
Home Prices To Stabilize, Then Increase Through The Forecast Period
Recent Canadian home price declines, from historic highs during the pandemic, are expected to cease in mid-2023, but the average annual price will end...
Housing Starts Declined In March
The standalone monthly seasonally adjusted annual rate (SAAR) of total housing starts for all areas in Canada declined 11% in March (213,865 units) compared...
Canada’s Real Estate Buyers Are Back, But Inventory Is Lacking
According to the Royal LePage House Price Survey released today, the aggregate price of a home in Canada decreased 9.2 per cent year-over-year to $778,300 in the first...
Canadian Home Sales Continue To Rise In March As Markets Tighten
Statistics released by the Canadian Real Estate Association (CREA) show national home sales were up on a month-over-month basis in March 2023.
Highlights:
National home...
Luxury Sales Expected To Climb In The Second Quarter
Growing demand for residential properties has trickled into the upper-end of the Canadian real estate market, with luxury sales posting gains in the first...
