home prices

Home sales in December hit an all-time record for the month to end what was also a record year, the Canadian Real Estate Association said Friday.December sales were up 47.2 per cent compared with December 2019, the largest…

WINNIPEG FREE PRESS`2020 was a banner year for business.''That's a perplexing statement for anyone to make, given the havoc throughout Canada's economic landscape thanks to the COVID-19 pandemic. But there's one industry that won't…

OTTAWA – The country's annual inflation rate in November rose to its fastest pace since the start of the pandemic, driven by a rise in prices for homes, rent and goods around the house.Statistics Canada said Wednesday the 1.0 per cent…

The jump in home prices seen in many cities this summer and fall was beyond what could be justified by Canadian income levels and population growth, Canada Mortgage and Housing Corp. said in a new report released Wednesday.The comment…

The Canadian Real Estate Association expects the national average home price will rise 9.1 per cent to $620,400 in 2021, in one of the most optimistic forecasts yet for the real estate sector.The real estate association says it expects…

TORONTO — Home prices are increasing in Canada's cottage country as more buyers look to move there full-time, according to a report released Monday by Royal LePage.Prices of single-family recreational homes rose 11.5 per cent to an…

Vancouver home sales were up 29 per cent compared with a year ago in October, making it the second-best October on record, the Real Estate Board of Greater Vancouver said Tuesday.The board said its agents sold 3,687 homes last month, up…

For Al Figueiredo, the scenic drive down highway 116 to Crystal Beach was enough to convince him to leave Toronto.The school teacher who splits his time between remote work and working in the city, decided to leave Toronto's Trinity…

Canada's housing market experienced overvaluation in some pockets of the country in the spring amid the COVID-19 pandemic, Canada Mortgage and Housing Corp. said in a new report released on Monday.In cities such as Victoria, Moncton and…

Canada Mortgage and Housing Corp. is bracing for further impacts on the housing market from the COVID-19 pandemic.The housing market will have to reckon with significant short-term uncertainty, as well as falling housing demand from…