home prices

OTTAWA –  The Bank of Canada's unprecedented actions in response to the pandemic have helped hard-hit workers, but governor Tiff Macklem said Thursday that the measures may have increased economic inequality at the same time.During a…

CALGARY – Canadian consumers have many ways to save money on home renovations despite a pandemic-driven surge in demand that has jolted lumber and construction panel prices to all-time highs.However, such advice usually falls on deaf…

CMHC has released its 2021 Spring Housing Market Outlook report. According to the CMHC report, home sales and price growth will moderate from unsustainable 2020 levels but remain elevated. This is expected as economic growth and employment…

Urbanation Inc. has released its Q1-2021 Condominium Market Survey results. Urbanation’s survey reports that new condominium apartment sales in the Greater Toronto Area totaled 5,385 units in the first quarter of 2021, coming within close…

Home sales in the Greater Toronto Area (GTA) set a new record for April and amounted to more than quadruple that from April 2020 – the first full month of the pandemic, according to the Greater Toronto Real Estate Board (TRREB). Bucking the…

Economists say the Canadian dollar is at a 'sweet-spot' after rising for seven straight days to top 81 cents US, a point where it benefits consumers but doesn't hurt businesses too much.The loonie traded for 81.34 cents US Thursday, the…

OTTAWA – Experts and advocates say countrywide government measures aimed at putting housing within reach of more Canadians mark a step in the right direction, despite a few misses and ham-fisted moves.Monday's federal budget promised…

OTTAWA – The federal government topped up its housing and infrastructure plans in Monday's budget, but held back on an overhaul as homes and cities grow increasingly unaffordable.In the first budget in more than two years, Finance…

HALIFAX – Two years after moving to Halifax from Ireland, Sarah and Nick Moriarty began house hunting.After losing multiple bidding wars, the couple offered $50,000 over the list price on a house – and included a handwritten letter by…

Full Canadian Real Estate Association (CREA) Release: Statistics released today by the CREA show national home sales set another all-time record in March 2021 as increased supply became available. SUMMARY:National home sales rose…