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home prices

Toronto home sales up 14.2% in November, prices see highest gains of the year

The Canadian Press Dec 5, 2019

Toronto home sales in November rose 14.2 per cent from a year ago while home prices saw their strongest growth for the year.The Toronto Real Estate Board says there were 7,090 home sales in the month as sales rose in all major…

Real Estate

B.C. Speculation and Vacancy Tax Helps Ease Housing Crunch: Finance Minister

Dirk Meissner — The Canadian Press Sep 16, 2019

Finance Minister Carole James is giving some credit to the speculation and vacancy tax for lowering home prices and easing rental vacancies in British Columbia.James said Thursday she is cautiously optimistic about easing prices in the…

Cities

The Effect of Transit Lines on House Prices

Building Jul 26, 2019

Although rapid transit projects can cost up to billions of dollars to construct, a new study from UBC’s Sauder School of Business explores how improved access to employment centers can increase nearby home prices in urban areas.…

Building

Royal LePage forecasts luxury price appreciation in GTA, Ottawa, Montreal

Building Feb 22, 2019

The median price of a luxury property in the Greater Toronto Area, Greater Montreal Area and Ottawa saw strong price appreciation over twelve months ending January 31, 2019 compared to the previous twelve month period.1 Luxury condominiums…

Building

Canadian home prices made substantial gains in 2018: Royal LePage

Building Jan 11, 2019

According to the Royal LePage House Price Survey1 released today, year-over-year home prices made healthy gains in many regions across Canada in the fourth quarter of 2018, continuing the recovery from the most significant housing…

Building

Modest home price growth forecasted for 2019: Re/Max and Royal LePage

Linda Nguyen, THE CANADIAN PRESS Dec 11, 2018

Home prices across the country are expected to rise in 2019, but only at a moderate pace compared with recent years, according to two of Canada's largest residential real estate brokerages.Royal LePage is anticipating the national median…

Building

Metro Vancouver sees house prices edge lower for 2 straight months

THE CANADIAN PRESS Sep 5, 2018

The Real Estate Board of Greater Vancouver says prices for detached homes, townhouses and condos have fallen for two consecutive months in Metro Vancouver.The board says the benchmark price for all types of properties is currently…

Building

Royal LePage report says pace of rising home prices slowed in second quarter

THE CANADIAN PRESS Jul 11, 2018

The pace of rising home prices slowed in Canada in the second quarter due to softness in the Greater Toronto Area market, according to a report by Royal LePage.Royal LePage chief executive Phil Soper said Tuesday new federal mortgage…

Building

March home sales volume plunges 22.7%, national average price down 10.4%: CREA

THE CANADIAN PRESS Apr 13, 2018

Canada's real estate industry organization says the number of homes sold in March plunged 22.7 per cent and the national average price was down 10.4 per cent from the same month last year. The Canadian Real Estate Association (CREA) says…

Building

GTA condo prices continue to rise as single-family homes slip: BILD

Building Mar 22, 2018

In February, the prices of new homes in the GTA showed few signs of abating, the Building Industry and Land Development Association (BILD) announced today.The benchmark price for condominium apartments in low, medium and high-rise…

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