Tag: Real Estate
Interest Rate Hikes Prompt Modest Decline In Canadian Home Prices
Canadian housing prices have fallen with rising interest rates, but when looking back over even just two years remain on a long-term upward trend....
Homebuyers Remain Determined While Sellers Step Back In Response To Additional...
According to the Royal LePage House Price Survey released today, the aggregate1 price of a home in Canada decreased modestly by 0.7 per cent year-over-year to $809,200 in the...
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...
