home sales

CLARINGTON, Ont. – Ontario has no plans to allow homes to be built on floodplains, Premier Doug Ford said Friday after the federal environment minister warned Ottawa would not provide disaster compensation where development is greenlit…

VANCOUVER — The Real Estate Board of Greater Vancouver says the typically slow conditions it sees in November were even more sluggish last month as home sales dropped 53 per cent from a year ago and 15 per cent from October.The B.C.…

CALGARY — The Calgary Real Estate Board says the city's November home sales dipped by more than 20 per cent since the same time last year, but 2022 is still on track to set a record.The Alberta board says last month's sales amounted to…

TORONTO — A new report predicts average home sale prices in Canada will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western Canada where some markets may see prices fall 10 to 15 per cent.The report by…

OTTAWA — A new report by Canada Mortgage and Housing Corp. says government alone can't solve the country's housing affordability challenges.The scale of the problem is so large that the private sector must be involved, says the report…

OTTAWA – The full effects of interest rate hikes have yet to be felt – and will be ``even more powerful'' than many anticipate, said former Bank of Canada governor Stephen Poloz Thursday in a speech about ways Canada can chart a path…

OTTAWA – Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.At a House of Commons committee meeting Wednesday, Conservative…

VICTORIA – The British Columbia government has introduced sweeping changes to boost the housing supply, and while local governments say they want to do their part, they're concerned about effects the laws will have on their communities.…

OTTAWA — Recent homebuyers with variable-rate mortgages will find the adjustment to higher interest rates more painful, said Bank of Canada senior deputy governor Carolyn Rogers.Speaking before the networking group Young Canadians in…